|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||9.41 - 9.78|
|52-week range||5.59 - 10.80|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||N/A|
|Earnings date||04 Feb 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||23 May 2019|
|1y target est||8.40|
The location technology company, whose customers range from major car companies to leading global tech firms, saw sales in its automotive unit, which supplies maps and navigation software to automakers, grow 19% year-on-year while earnings fell across its other businesses in the third quarter. TomTom's finance chief, Taco Titulaer, predicted further growth for automotive in the fourth quarter, citing improved car production as the sector recovers from global lockdowns that shuttered showrooms and brought traffic to a halt. Industry data showed new European car sales down just 18% in August compared to the previous year, after falling 24% in July and 78% in June.
TomTom (AS:TOM2) posted a net loss for the second quarter of 2020, but the Dutch navigational-technologies company added its operational revenue was on track to recover from the lows it experienced in April due to the coronavirus pandemic.
TomTom to provide global maps and traffic data for customer-facing travel and navigation products ViaMichelin Awards TomTom New Global Deal ViaMichelin Awards TomTom New Global DealAMSTERDAM, July 08, 2020 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today announced an extension of its global deal to provide maps and traffic data to Michelin Travel Partner. TomTom will continue to power ViaMichelin, Michelin Travel Partner’s world-renowned digital travel service, and several of the brand’s printed products, including travel guides. ViaMichelin is a mobile app and web-based platform which provides online mapping, navigation, road traffic services and tourist information. TomTom’s maps and real-time traffic service provide highly detailed location content, critical to location-aware digital applications like ViaMichelin.“We are pleased to extend our collaboration with Michelin Travel Partner and continue to support ViaMichelin’s one hundred million users worldwide,” said Anders Truelsen, Managing Director, TomTom Enterprise. “TomTom’s highly accurate maps and industry-leading traffic technology continue to shape smart mobility across the globe, helping people to travel more efficiently.”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:Media: firstname.lastname@example.orgInvestor Relations: email@example.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3d92f60-5d9d-4c97-970d-af6ac311b076