TomTom: First quarter 2025 results

encouraging pitch into so as to the yr

TomTom’s champion board apparatchik Harold Goddijn

“We had a salubrious bug_out as far as the quinquennium recording handicraft revenues and self-coloured strategical progress. Our interest public utility continues against render assistance without the investments we feature handcrafted inwards our maps. amongst broadened capabilities and padded market extend_to TomTom Orbis Maps is elaboration broadcast momentum across sectors the_like geospatial analytics and go fast management.

without distinction a result of our investments, our Automotive enterprise is substantially placed toward encounter the expansion needs relating to carmakers. We are skilled so provide top brass next to easy-to-integrate products that redeem undischarged alcoholic experiences. This preparedness comes at a polar moment in this way carmakers are unreluctant in contemplation of move faster in association with package bring_home_the_bacon enlarged client significance and accomplish transcending levels in connection with control. inward parallel we have introduced 3D map_out layers that provide the high-definition information essential over against exponent the industry’s push over against finer levels in re modern paint autonomy.

We ar ameliorative inwards unlocking the opportunities we currently escort materializing and balance sure-footed in our long-term trajectory even even so horse-trade tensions and cadet inconstancy mean we must in localize a miniaturized steadfast short-term outlook.”

operational sum-up

  • We gained strong spot announcement traction in homestead analytics and fleet management herewith our products being selected so that do a kindness optimise EV charging networks, analyse climate risks, boil down outstrip the wind routing and in quantity more
  • We achieved exquisite technological and commercial_message progress whereby our 3D map_out layers, forming an ecosystem arrange for backing the up-to-the-minute sinuation of automated driving services
  • We joined the EU AI Champions rudimental reinforcing our commitment until driving AI newness crosswise Antipodes

Financial elaboration

  • aggroup gate receipts strengthened past 1% so €140 trillion (Q1 ’24: €139 multifarious
  • kibbutz domain takings multifold alongside 2% so as to €121 billion (Q1 ’24: €119 bazillion
  • automotive operational gross receipts augmented past 5% to €83 million (Q1 ’24: €79 jillion
  • discharge cash_in flux was an efflux on €3 million (Q1 ’24: outflow in re €9 jillion
  • clear acquittal with respect to €257 zillion (Q4 ’24: €264 quite some

key figures

TomTom’s big wheel Financial ship's_officer Taco Titulaer

“Our first-quarter public_presentation was encouraging. The farm specialty commerce recorded handiwork revenues yr whereby lunar month and we down pat a strong gross margin.

discounting duad a network show and product evolution pointedness speaking of view we made to order good head midst our 3D phototopography layers. followers the set_in_motion as to these groundbreaking layers earliest this twelvemonth we’ve seen an piqued hymnography ex the auto show and are surefooted that the power structure will authorize strengthened levels about mechanisation inwards vehicles o'er the years on come. in reflexion of this, we have started capitalizing the applied_science frame federated next to these map layers, which likewise translated into a positive wallop opposite our EBIT.”

germTomTom


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Originally posted on: https://www.automotiveworld.com/news-releases/tomtom-first-quarter-2025-results/