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TomTom N.V.

TomTom N.V.

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Publicatie datum 27 jun 2011 - 17:20
Statutaire naam TomTom N.V.
Titel TomTom trading and full year outlook update
Bericht Amsterdam, 27 June 2011 – TomTom today updates the market on trading. Consumer electronics markets have been weak over recent weeks and this trend is ongoing. The size of the European PND market is broadly as anticipated and for the year as a whole is expected to decline by around 10%. However more consumers are opting for entry level products than expected and lower levels of inventory are being held in the channel. The North American PND market is experiencing a faster rate of decline than earlier in the year and we now expect this market to be down by about 30% for the year as a whole. The Automotive, Business Solutions and Licensing businesses are developing as expected.

Datum laatste update: 25 december 2025