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TomTom raises profit on flat sales in Q4, sees continued strength at Automotive

Wednesday 6 February 2019 | 18:56 CET | News
TomTom said revenues for the fourth quarter were unchanged from the year before at EUR 218 million, with gains at Automotive, up 23 percent to EUR 10.6 million, unable to offset the 23 percent decline at Consumer, to EUR 67.4 million. Looking forward, the company expects to see the same trends, with revenues and profit pulled lower year-on-year by Consumer, despite gains at Automotive's Location Technology. 

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Categories: Mobile & Wireless
Companies: Microsoft / TomTom
Countries: World
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