Telematics revenue for the quarter was €40 million, flat compared with the same quarter last year. The recurring subscription revenue for the quarter increased by 7% year on year to €31 million (Q2 '16: €29 million). Hardware revenue decreased by 17% year on year in the second quarter, mainly due to high volumes of connected car shipments in Q2 '16. Monthly revenue per subscription decreased by 7% year on year, mainly due to a mix effect caused by growing aftermarket connected car volumes, which are priced at lower levels compared with the traditional fleet management services.

At the end of Q2 '17, Telematics surpassed 762,000 connected car and fleet management subscriptions. This represents a 17% year on year increase, from 652,000 subscriptions at the end of Q2 '16.

In the quarter, Telematics started providing leasing companies in Europe with connected car services, designed to monitor and manage fleets.

Consumer

(€ in millions)		Q2 '17		Q2 '16		y.o.y. change		H1 '17		H1 '16		y.o.y. change
Consumer products		113.1		138.2		-18%		198.4		235.3		-16%
Automotive hardware		13.2		19.0		-31%		25.9		38.6		-33%
Total Consumer revenue		126.3		157.2		-20%		224.3		273.9		-18%
Change percentages and totals calculated before rounding.

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