TomTom issues profit warning

TomTom issues profit warning

Amsterdam : Netherlands | Oct 30, 2012 at 3:42 AM PDT
Source: Dutch News
Views: Pending
In a statement, CEO Harold Goddijn said he expects turnover to remain under pressure because of the weak European car market. Goddijn did say the market for navigation systems is becoming easier to forecast and the prices are stabilising. TomTom's turnover in the third quarter was 274m, a fall of nearly... FULL ARTICLE AT Dutch News
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