The revenue trend observed in Q1 continues in Q2 (-9% to €231.4m), while H1 revenues are also down 9% to €423.2m. The EBITDA margin, on the contrary, is up to 27% vs 20% in Q2 17, while the operating margin reached 11% vs -61% in Q2 17. Finally, the adjusted net result for H1 18 reached €34.3m, up from €0.2m in H1 17.
17 Jul 2018
Tomtom upgrades its FY18 guidance but remains dependent on declining Consumer activity
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Tomtom upgrades its FY18 guidance but remains dependent on declining Consumer activity
The revenue trend observed in Q1 continues in Q2 (-9% to €231.4m), while H1 revenues are also down 9% to €423.2m. The EBITDA margin, on the contrary, is up to 27% vs 20% in Q2 17, while the operating margin reached 11% vs -61% in Q2 17. Finally, the adjusted net result for H1 18 reached €34.3m, up from €0.2m in H1 17.