FINANCIAL SUMMARY FOURTH QUARTER 2019
- Group revenue decreased by 10% to €156 million (Q4 ’18: €174 million)
- Location Technology revenue of €110 million (Q4 ’18: €107 million)
- Automotive operational revenue increased by 20% to €116 million (Q4 ’18: €97 million)
- Free cash flow is an inflow of €48 million (Q4 ’18: inflow of €66 million)
FINANCIAL SUMMARY FULL YEAR 2019
- Group revenue of €701 million (FY ’18: €687 million)
- Location Technology revenue increased by 14% to €426 million (FY ’18: €372 million)
- Free cash flow is an inflow of €66 million, 9% of group revenue (FY ’18: inflow of €90 million)
- Net cash position of €437 million (FY ’18: €252 million)
OPERATIONAL SUMMARY
- Automotive backlog increased from €1.6 billion to around €1.8 billion
- Fiat Chrysler Automobiles embeds our maps, navigation software and services globally
- Daimler Trucks adopted our ADAS Map to create a smart cruise control for its vehicles
- Subaru selected our global maps and navigation software for its next generation IVI platform
Please click here to view the full press release.
SOURCE: TomTom
