TomTom sees location tech sales at low end of guidance as weak auto demand weighs
The Star Online - Tech·2024-10-11 19:00
(Reuters) - Digital mapping specialist TomTom expects annual sales of its location technology unit to come at the lower end of its guidance range of 490-520 million euros ($536-569 million), it said on Friday after weak demand for new cars hit its third-quarter revenue.
It reiterated the group-level outlook for 2024 revenue at the low end of its 570-610 million euro range.
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