Brief: TomTom Q3 Revenue Down At €129 Million
15/10/2026 06:11
BRIEF-TomTom Q3 Revenue Down At €129 Million Oct 15 (Reuters) - TomTom NV TOM2.AS:
Q3 GROUP REVENUE EUR 129 MLN
Q3 OPERATING RESULT OF EUR 6 MLN AND AN OPERATING MARGIN OF 5%
Q3 NET CASH OF EUR 239 MLN
Q3 NET RESULT EUR 5.1 MLN
NOW EXPECTED 2026 REVENUE €505 - € 530 MLN VS €495 - €555 MLN PREVIOUSLY EXPECTED
NOW EXPECTS 2026 OPERATING MARGIN AROUND +4% VS AROUND +3% PREVIOUSLY
ANNOUNCED ORGANIZATIONAL CHANGES IMPACTING APPROXIMATELY 200 ROLES GLOBALLY
EXPECT TO RECORD A RESTRUCTURING CHARGE OF APPROXIMATELY EUR 15 MLN IN Q4 2026
ANNUALIZED SAVINGS FROM ORGANIZATIONAL RESTRUCTURING EXPECTED AT ABOUT EUR 21 MLN
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