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Tele Atlas Report Annual Results 2004

Tele Atlas Report Annual Results 2004-2026

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Tele Atlas NV reported a first quarter revenue of €58.8 million for 2008, an 8% decrease from the previous year. The company experienced a net loss of €14.5 million, attributed to lower revenues in the European portable navigation market and unfavorable exchange rates, despite a significant increase in portable navigation revenues in the Americas. Adjusted EBITDA fell to a loss of €0.2 million, down from a profit of €5.1 million in Q1 2007. The document also discusses operational highlights, including new product launches and ongoing acquisition discussions with TomTom.

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