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BRIEF-TomTom sees 2014 revenue of about 900 mln euros
February 11, 2014 / 6:45 AM / 4 years ago

BRIEF-TomTom sees 2014 revenue of about 900 mln euros

AMSTERDAM, Feb 11 (Reuters) - TomTom NV : * Says Q4 EBIT margin of 2 pct (Q4 2012: 9%) * Says Q4 gross margin of 54 pct * Q4 sales 268 million euros (average forecast in Reuters poll 257 million euros) * Says Q4 cash flow from operating activities of EUR 51 million * Sees 2014 adjusted EPS of around EUR 0.20 * Says Q4 EBITDA 33 million euros * Q4 net result 3 million euros (versus av forecast in Reuters poll of -0.75 million euros) * Says plan to step up investments in our new map making platform and navigation software * Sees 2014 revenue of around EUR 900 mln * Says capital investments are expected to increase to more than EUR 100 mln * Estimate European market share for the quarter at around 53%, up by three percentage points compared to Q4

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