TomTom Reports Second Quarter 2017 Results

Consumer revenue for the quarter decreased by 20% year on year to €126 million (Q2 '16: €157 million), reflecting a decrease in both Consumer products as well as Automotive hardware revenue. The decrease in Consumer products is partly driven by an anticipated decline in the PND market as well as unexpected difficult market circumstances for our Sports products in the second quarter.

Data, software & services and Hardware revenue split

(€ in millions)   Q2 '17   Q2 '16  

y.o.y.
change

  H1 '17   H1 '16  

y.o.y.
change

                         
Data, software & services   141.8   122.0   16%   268.8   237.6   13%
Hardware   111.6   143.2   -22%   197.4   244.8   -19%
Total revenue   253.4   265.2   -4%   466.2   482.4   -3%

Change percentages and totals calculated before rounding.

 

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