TomTom raises 2025 guidance after positive half-year results

TomTom raises 2025 guidance after positive half-year results

The Star Online - Tech·2025-07-15 14:00

(Reuters) - Dutch digital mapping specialist TomTom raised its full-year revenue outlook on Tuesday, saying its results in the first half of 2025 were better than it had initially expected despite market headwinds.

The Amsterdam-based company expects its revenue to come between 535 million and 565 million euros ($624.72 million and $659.75 million) in 2025, compared with the previous forecast of 505-565 million euros.

($1 = 0.8564 euros)

(Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak)

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