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TomTom returns to operating profit as cost cuts boost margins

TomTom returns to operating profit as cost cuts boost margins

- Dutch digital mapping specialist TomTom TOM2.AS reported a second-quarter operating profit of 8.5 million euros ($9.7 million) on Wednesday, reversing a year-earlier loss as cost cuts helped improve margins.

($1 = 0.8744 euros)


(Reporting by Mathias de Rozario in Gdansk; editing by Bartosz Dabrowski)

((mathias.derozario@thomsonreuters.com))

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