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Search resuls for: "Federica Mileo Augustin Turpin"


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Oct 14 (Reuters) - Dutch navigation and digital mapping company TomTom (TOM2.AS) on Friday raised its 2022 outlook, as increased car production and higher location technology sales drove third-quarter results. It had previously guided for a revenue of 470-510 million euros, with 380-420 million euros generated from location technology. "Macroeconomic uncertainties and inflationary pressures have an impact on global car production as well as our cost levels," finance chief Taco Titulaer said in a statement. Still, quarterly sales were boosted by increased car production volumes in TomTom's core markets, the company said. The group's total revenue came in at 136.3 million euros, beating analysts' 126-million-euro estimate.
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