TOM2.AS - TomTom N.V.

Amsterdam - Amsterdam Delayed price. Currency in EUR
7.43
+0.04 (+0.54%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Previous close7.39
Open7.42
Bid0.00 x 0
Ask0.00 x 0
Day's range7.39 - 7.57
52-week range5.95 - 11.81
Volume216,589
Avg. volume469,094
Market cap978.015M
Beta (5Y monthly)1.26
PE ratio (TTM)2.07
EPS (TTM)3.60
Earnings date15 Jul 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date23 May 2019
1y target est8.40
  • Ford Awards TomTom Global Traffic Service Deal for Next-Generation SYNC Connected Vehicle System
    Globe Newswire

    Ford Awards TomTom Global Traffic Service Deal for Next-Generation SYNC Connected Vehicle System

    Ford’s all-new Mustang Mach-E electric vehicle and the all-new F-150 to include TomTom Traffic Ford Awards TomTom Global Traffic Service Deal for Next-Generation SYNC Connected Vehicle System Ford Awards TomTom Global Traffic Service Deal for Next-Generation SYNC Connected Vehicle System DETROIT, July 02, 2020 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, has been awarded a global multi-year deal to power Ford’s next-generation SYNC® with its real-time traffic service. Ford’s all-new 2021 F-150 pickup – revealed just days ago – and the soon to be delivered all-electric Mustang Mach-E SUV are the first Ford vehicles available with the technology. TomTom Traffic provides accurate, real-time traffic information, which will keep Ford drivers informed and can help them reduce their travel time. TomTom’s traffic service processes over 70 million driving hours every day, derived from billions of de-identified data points. By updating its big data every 30 seconds, TomTom can predict traffic before it even happens.“Automakers choose TomTom Traffic for its accuracy, freshness and reliability,” said Antoine Saucier, Managing Director, TomTom Automotive. “Ford’s decision to include TomTom Traffic in its new SYNC connected vehicle technology is another step towards our vision of a world free of congestion.”TomTom’s real-time traffic service is available in 79 countries around the world, powered by over 600 million connected devices. The service is used by car manufacturers, app developers and enterprises across a range of mobility applications.About TomTomTomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.www.tomtom.comAbout Ford Motor CompanyFord Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 188,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.For Further Information: TomTom Communications: tomtom.pr@tomtom.com TomTom Investor Relations: ir@tomtom.comFord Communications: Wes Sherwood wsherwoo@ford.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2f23aed7-d935-443b-83a8-92de22f64895

  • TomTom and Delphi Technologies Deliver Exceptional 10-Percent Plus Fuel Saving for Passenger Cars
    Globe Newswire

    TomTom and Delphi Technologies Deliver Exceptional 10-Percent Plus Fuel Saving for Passenger Cars

    Outstanding savings achieved during public road tests in real-world conditions with little-or-no impact on drive times, preferred routes or driving experience TomTom and Delphi Technologies DeliverExceptional 10-Percent Plus Fuel Saving for Passenger Cars TomTom and Delphi Technologies DeliverExceptional 10-Percent Plus Fuel Saving for Passenger CarsAMSTERDAM, June 18, 2020 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, and Delphi Technologies PLC (DLPH), the pioneers in propulsion technologies, today announced that real-world drive tests of Delphi Technologies’ advanced driver assistance systems (ADAS) combined with the TomTom ADAS Map delivered fuel savings of more than 10 percent in passenger cars. This successful proof of concept was achieved using a Delphi Technologies’ Intelligent Driving prototype vehicle equipped with its latest advanced propulsion software and TomTom’s ADAS map. The testing involved a range of routes to validate the system’s fuel economy benefits under a variety of real-world driving conditions. The TomTom ADAS Map provides enriched, highly accurate data on speed limits, lane information, gradient, road curvature and traffic signs. Delphi Technologies’ Intelligent Driving software suite uses the TomTom data to anticipate the road ahead, optimizing the car’s propulsion system for improved speed and control for reduced energy consumption.Testing results show that powertrain efficiency improved dramatically when TomTom’s ADAS map was activated. Conducted with different drivers who selected their preferred routes, the testing also demonstrated the system’s adaptability and capacity to deliver results without compromising the driving experience or extending driving times.“The TomTom ADAS Map is a tried, tested and proven technology, assisting over 1.5 million automated vehicles’ driving safety and comfort around the world today,” said Willem Strijbosch, Head of Autonomous Driving at TomTom. “Our collaboration with Delphi Technologies shows that the latest generation of our high-quality ADAS technology can dramatically reduce running costs by reducing fuel consumption.”“The significant efficiency gains from our collaboration with TomTom demonstrate how our proprietary Intelligent Driving system, combined with the right, high-fidelity mapping data, can enable everyday vehicles to drive cleaner, better and further, without compromises,” said Paul Farrell, senior vice president, Strategy and Corporate Development, Delphi Technologies. “We have an exciting solution backed by real-world data that our customers can use today – and tomorrow – to provide tangible, real-world benefits.”About TomTom:TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.www.tomtom.comAbout Delphi TechnologiesDelphi Technologies is a global provider of propulsion technologies that make vehicles drive cleaner, better and further. It offers pioneering solutions for internal combustion engine, hybrid and electric passenger cars and commercial vehicles. Delphi Technologies builds on its Original Equipment expertise to provide leading service solutions for the aftermarket. Headquartered in London (UK), the company operates technical centers, manufacturing sites, customer support service centers in 24 countries and employs more than 21,000 people around the world. Visit www.delphi.com for more.For further Information from TomTom:Media: tomtom.pr@tomtom.comInvestor Relations: ir@tomtom.comFor further Information from Delphi Technologies:Kristen Kinley (Global and Americas) kristen.kinley@delphi.com Mobile: +1 248 535 3930Peddy Wang (Asia-Pacific) peddy.wang@delphi.com Office: +86 21 20726917 Mobile: +86 13917603582Anna Mitchell (Global and Europe) anna.mitchell@delphi.com Office: +44 203 057 4236 Mobile: +44 7919 293 056A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/358591ce-eaed-4460-9a24-afa9fe900c60The photo is also available via AP PhotoExpress.

  • Reuters - UK Focus

    GLOBAL MARKETS-Global shares dip as dire warnings for global economy weigh

    Global share markets dipped into the red on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage done during the coronavirus panemdic even as some countries try to re-open for business. European stock markets opened lower, with the pan-European STOXX 600 index opening 0.8% lower after five previous days of gains, fuelled by early signs the health crisis was ebbing and on hopes that sweeping lockdown measures would soon be lifted. French shares fell 0.9% as France became the fourth country to report more than 15,000 deaths due to the coronavirus after Italy, Spain and the United States.

  • TomTom sees negative 2020 cash flow after virus hits Q1 sales
    Reuters

    TomTom sees negative 2020 cash flow after virus hits Q1 sales

    The Amsterdam-based company, which withdrew its original outlook in late March, had initially said it expected its 2020 free cash flow to be a mid to high single digit percentage of the group's revenue.

  • TomTom sees negative 2020 cash flow after virus hits first-quarter sales
    Reuters

    TomTom sees negative 2020 cash flow after virus hits first-quarter sales

    The Amsterdam-based company, which withdrew its original outlook in late March, had initially said it expected its 2020 free cash flow to be a mid to high single digit percentage of the group's revenue.

  • TomTom Expands Mapping Deal with Verizon  by Providing Maps APIs and SDKs
    Globe Newswire

    TomTom Expands Mapping Deal with Verizon by Providing Maps APIs and SDKs

    TomTom Expands Mapping Deal with Verizon by Providing Maps APIs and SDKs TomTom Expands Mapping Deal with Verizon by Providing Maps APIs and SDKsAMSTERDAM, April 15, 2020 (GLOBE NEWSWIRE) -- TomTom [TOM2], the location technology specialist, today announced that Verizon will integrate TomTom’s Maps APIs and SDKs into its location services offering, making it easier for the developer community to build upon and integrate the platform. This agreement is an expansion of the existing TomTom and Verizon agreement, where TomTom provides location-based services to enhance Verizon’s current suite of location-based data, navigation, and intelligence. “We look forward to continuing to build upon and evolve our product suite with TomTom’s technology,” said Jeff Frantz, executive director, Verizon Location Services. “By expanding our agreement, we are furthering our commitment to providing best-in-breed location technology for Verizon and our customers.”Anders Truelsen, Managing Director, TomTom Enterprise said: “We’re determined to make it as easy as possible for developers to have access to our Maps APIs and SDKs so we’re delighted that Verizon is offering TomTom products to their location services customers.”In the last quarter of 2019, the companies also announced an innovation project using Verizon 5G Ultra Wideband and TomTom HD Maps to help make intersections safer for emergency vehicles.Note to editors: Developers can get started with TomTom Maps APIs and SDKs on TomTom’s self-service developer portal: developer.tomtom.com.About TomTom TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services. To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide. www.tomtom.comFor further information:TomTom Media: tomtom.pr@tomtom.comTomTom Investor Relations: ir@tomtom.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/377cb9dc-3610-46b4-8d4a-766060b89d63The photo is also available via AP PhotoExpress.

  • Should You Worry About TomTom N.V.'s (AMS:TOM2) CEO Pay Cheque?
    Simply Wall St.

    Should You Worry About TomTom N.V.'s (AMS:TOM2) CEO Pay Cheque?

    Harold C. Goddijn has been the CEO of TomTom N.V. (AMS:TOM2) since 2001. First, this article will compare CEO...

  • TomTom closes deal with Huawei for use of maps and services - spokesman
    Reuters

    TomTom closes deal with Huawei for use of maps and services - spokesman

    Dutch navigation and digital mapping company TomTom <TOM2.AS> on Friday said it has closed a deal with China's Huawei Technologies [HWT.UL] for the use of its maps and services in smartphone apps. This banned Huawei from using Google’s official Android operating system, along with widely used apps such as Google Maps, in new phones. The deal with TomTom means Huawei can now use the Dutch company's maps, traffic information and navigation software to develop apps for its smartphones.

  • Have Insiders Been Buying TomTom N.V. (AMS:TOM2) Shares?
    Simply Wall St.

    Have Insiders Been Buying TomTom N.V. (AMS:TOM2) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • What Type Of Shareholder Owns TomTom N.V.'s (AMS:TOM2)?
    Simply Wall St.

    What Type Of Shareholder Owns TomTom N.V.'s (AMS:TOM2)?

    The big shareholder groups in TomTom N.V. (AMS:TOM2) have power over the company. Institutions will often hold stock...

  • If You Had Bought TomTom (AMS:TOM2) Shares Three Years Ago You'd Have A Total Return Of 20%
    Simply Wall St.

    If You Had Bought TomTom (AMS:TOM2) Shares Three Years Ago You'd Have A Total Return Of 20%

    As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

  • TomTom's car deals worth $1.76 billion in revenue boost
    Reuters

    TomTom's car deals worth $1.76 billion in revenue boost

    TomTom said on Tuesday its deals with carmakers are worth about 1.6 billion euros ($1.76 billion), as the Dutch navigation company aims to accelerate revenue growth and considers a share buyback program. Earlier this year, the Amsterdam-based company said it would focus on growing its digital maps business after it sold its fleet management business to Japan's Bridgestone for 910 million euros. Ahead of an investor day on Tuesday, TomTom said it expected to increase its revenue from location technologies, such as maps, by 10% each year until 2021, aiming to speed up that growth in the years after that.

  • TomTom says current car deals nearly $1.7 billion in revenue boost
    Reuters

    TomTom says current car deals nearly $1.7 billion in revenue boost

    TomTom said on Tuesday its current deals with car makers are worth about 1.6 billion euros (1.41 billion pounds), as the Dutch navigation company aims to accelerate revenue growth. Earlier this year, the Amsterdam-based company said it would focus on growing its core digital maps business after it sold its fleet management business to Japan's Bridgestone for 910 million euros. Ahead of an investor day on Tuesday, TomTom said it expected to grow its revenue from location technologies, such as maps, by 10% per year until 2021, with the ambition to accelerate growth in the forthcoming years.

  • TomTom Maps Out Revamp With Bet on Self-Driving Cars
    Bloomberg

    TomTom Maps Out Revamp With Bet on Self-Driving Cars

    (Bloomberg) -- Once a household name for its satellite navigation for cars, TomTom NV has taken a backseat in recent years as smartphones, loaded with apps like Google maps, surged in popularity.Now the Dutch digital mapping company is betting that your car needs directions more than you do. Over the past few years, TomTom has been building high-definition or “dynamic” maps for self-driving cars. It’s a decision that could help it challenge tech platforms, like Alphabet Inc.’s Google, as cars are increasingly sold with more autonomous capabilities.“We used to make maps for humans, but now we make maps for robots,” Alain De Taeye, member of TomTom’s management board, said at a journalist briefing in Amsterdam.TomTom’s share price peaked in 2007 at around 100 euros a share. But this summit coincided with the launch of the iPhone. A year later, TomTom reported sales of more than 12 million personal navigation devices, it’s record high. By 2011, it announced a restructuring program that included forced lay-offs to counter lower sales and in 2017, TomTom took a 169 million-euro write down on its consumer unit. It’s share price has since hovered at around 20 euros.TomTom now finds itself with several deep-pocketed rivals battling for the future of car navigation, including Apple Inc., Google and HERE Technologies, the digital mapping company controlled by BMW AG and other German car makers. In a blow for TomTom, longtime partner Renault SA and associates Nissan Motor Co. and Mitsubishi Motors Corp. last year signed on with Google’s Android operating system to supply standard-definition maps.On a quest to claw its way back, TomTom is ditching unwanted business lines, like the Telematics fleet-management business, and doubling down on HD maps. TomTom says it’s been able to differentiate itself from competitors on HD maps by being independent and not having an advertising-based business model like Google’s.In addition to sensors and other features, HD maps are an important part of autonomous driving, which can incorporate different levels of human assistance – from very little to none whatsoever in even the harshest weather conditions.HD maps, stored on a car’s computer system, replicate every lane, guard-rail, road edge and pole that a vehicle sees, helping cars locate their positions within centimeters. Those features are critical to avoid crashing into nearby cars, but they also help the car discern which traffic light at a busy cross-section it should obey or identify a speed sign hidden by a truck.So far, TomTom has publicly announced HD partnerships with Baidu Inc. on its Apollo driverless project, and with Renault on the carmaker’s SYMBIOZ autonomous driving program. It announced in March that it had won multiple deals to provide HD maps to major car makers, but declined to say which ones. Those contracts, which typically last more than 10 years because of ongoing service needs, have so far resulted in a roughly 60% market share in HD maps for TomTom, according to Willem Strijbosch, the company’s head of autonomous driving.“Not every car maker has made their decision yet on who will support them on HD maps,” said Strijbosch. “But out of all the car makers that have made a decision, we see that the big ones – the top 10 – are picking TomTom.”TomTom collects traffic and road data on more than 67 million kilometers around the world using 600 million different devices – including its mobile mapping cars, sat navs, and mobile phones. Of those roads, TomTom has so far covered only 400,000 kilometers in HD. Its HD maps are currently only available on highways in the U.S., Canada, Europe, South Korea and Japan but it is working to add more side roads as the technology advances.The mapping firm doesn’t disclose revenue from HD maps but in July it boosted its full-year guidance, saying it now expects sales from its location technology to grow 17% to 435 million euros, up from 430 million euros forecast in April. That amounts to around two-thirds of the group’s overall expected revenue.“The single biggest risk to the TomTom investment case is costs,” said Wim Gille, head of equity research at ABN AMRO. He said the company still has lots of ground to cover on HD maps compared to its standard definition maps and clients will want reassurance that the company can continue to serve them in a decade from now.While HERE is out-earning TomTom in revenues, Gille said, it’s also spending around 1 billion euros a year in operating expenses, about twice as much as TomTom. Still, he said both companies have what it takes to build and maintain an HD map.“The market is big enough for both of them,” he said.To contact the reporter on this story: Natalia Drozdiak in Brussels at ndrozdiak1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TomTom N.V. (AMS:TOM2): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    TomTom N.V. (AMS:TOM2): What Does Its Beta Value Mean For Your Portfolio?

    If you own shares in TomTom N.V. (AMS:TOM2) then it's worth thinking about how it contributes to the volatility of...

  • TomTom beats second quarter revenue forecasts, ups 2019 outlook
    Reuters

    TomTom beats second quarter revenue forecasts, ups 2019 outlook

    “The positive revenue trend continued into the second quarter, with location technology growing 25%," Chief Executive Officer Harold Goddijn said in a statement. TomTom's shares opened about 5% higher, but later gave up all their gains and were down 2% by 0745 GMT. ING analyst Marc Hesselink said the mixed market reaction reflected the fact that while TomTom's underlying position was good, the company's shift to operating expense from capital expense-based accounting blurred the financial picture.

  • Is TomTom N.V.'s (AMS:TOM2) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is TomTom N.V.'s (AMS:TOM2) CEO Overpaid Relative To Its Peers?

    Harold C. Goddijn has been the CEO of TomTom N.V. (AMS:TOM2) since 2001. This report will, first, examine the CEO...

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more