Brief: TomTom Q1 Revenue Down At Eur 139 Million

TomTom NV

17/04/2024 06:13

April 17 (Reuters) - TomTom NV  TOM2.AS :
    * OUTLOOK 2024: WE EXPECT INCREASING REVENUES LATER THIS
YEAR AND
IN 2025 AS A RESULT OF GRADUAL CONVERSION OF OUR SALES FUNNEL
FOR TOMTOM ORBIS MAPS
    * OUTLOOK: FOR 2025, WE ARE REITERATING OUR LOCATION
TECHNOLOGY
REVENUE AMBITION OF €600 MILLION
    * OUTLOOK: FOR 2025, FREE CASH FLOW TARGET OF 10% OF GROUP
REVENUE
    * OUTLOOK: REITERATE OUR FULL-YEAR GUIDANCE FOR FREE CASH
FLOW AND
REVENUE
    * REVENUE FOR THE FIRST QUARTER AMOUNTED TO €139 MILLION, A
YEAR-ON-YEAR DECREASE OF 1%

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Further company coverage:  TOM2.AS 

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