TomTom tops profit expectations in Q3, boosted by growth in automotive unit
14/10/2025 06:14
Oct 14 (Reuters) - Dutch digital mapping specialist TomTom TOM2.AS reported a rise in its third-quarter operating profit on Tuesday, beating market expectations, boosted by growth in its automotive location technology business. The Amsterdam-based company posted earnings before interest and taxes of 8.4 million euros ($9.7 million) for the quarter, a strong beat against analysts' average estimate of 2 million euros in a company-provided consensus. ($1 = 0.8629 euros) (Reporting by Mathias de Rozario and Elizaveta Zhuravleva in Gdansk, editing by Milla Nissi-Prussak) ((mathias.derozario@thomsonreuters.com; Elizaveta.Zhuravleva@thomsonreuters.com))