TomTom Down 29%

TomTom’s latest quarterly results (link to: tomtom.com) do not make for any kind of cheerful reading for the Consumer Division. Q3.17 vs Q3.16 show revenues down by 29% from Eu137m to Eu97 with a comparable YTD decline of 22%. Ominously the report quotes “Strategic review of Consumer Sports in progress“. This information would clearly have … Continue reading TomTom Down 29%