Netherlands: TomTom forecasts 14% revenue drop in 2012

TomTom has reported sizeable year-on-year declines in its revenue and earnings in the final quarter of 2011, a period during which it executed a restructuring programme and established a new product unit structure. Even on a 'normalised' basis, which excludes restructuring and impairment charges, the falls were significant and the Subscribe to Automotive World to … Continued

• By Webmaster
• February 28, 2012