Garmin - GRMN Hold

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Garmin - GRMNHold

• Created By Val Perfanov
• Rob Stern

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About Garmin

• Garmin, Ltd. engages in the design, manufacture,
  and marketing of navigation, communications, and
  information devices that are enabled by global
  positioning system (GPS) technology worldwide
• It operates in four segments
• Automotive/Mobile
• Outdoor/Fitness
• Marine
• Aviation.

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Competitors

• Private companies
• Magellan Navigation, Inc.
• Tom Tom N.V.

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Goals

• Expand in sectors
• Aviation
• Marine
• International
• Re-enter cell phone industry
• Acquire Tele-Atlas

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Results

• 3rd Quarter revenue increased 79
• YTD Revenue increased 69
• Automotive/Mobile 71 of total revenues

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Results
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Results
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Putting Numbers Into Perspective
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Analysis
Abbreviated Income Statement
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Analysis
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Analysis
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Analysis
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Headlines

• Nokia acquires Navtech
• Garmin outbid for Tele Atlas by Tom Tom
• Microsoft acquiring Garmin?

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Open Forum

• Questions?