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General

TomTom lifts FY guidance after revenues rise 12% in Q2

Thursday 18 July 2019 | 13:31 CET | News
TomTom reported revenues from continuing operations for the second quarter up 12 percent from the year before to EUR 211 million. The EBITDA, also from continuing operations, slid over 30 percent to USD 31 million while the net profit, from all operations, went to USD 742 million from 19.8 million. The company announced the sale of its Telematics operations to Bridgestone in January, saying the divestment would likely close by the end of Q2.

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Categories: General
Companies: TomTom
Countries: Netherlands
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