TomTom Reports Second Quarter 2013 Results

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posted:7/25/2013
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Description: AMSTERDAM--(BUSINESS WIRE)--TomTom: Financial summary Group revenue decreased by 4% to €250 million Consumer revenue decreased by 4% to €149 million PND revenue was flat at €108 million Automotive revenue decreased by 13% to €52 million Licensing revenue was flat at €29 million Business Solutions revenue increased by 13% to €20 million Gross margin of 51% (Q2 2012: 52%) Adjusted EPS¹ of €0.07 (Q2 2012: €0.09) Cash flow from operating activities of €45 million (Q2 2012: €10 million) Net cash posi
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