TomTom stays on form in Q2

The supplier's automotive business is growing thanks to new contracts with Volvo and PSA, but also through smart city initiatives. By Freddie Holmes

The second quarter (Q2) of 2016 has continued a string of positive financials for TomTom, with gross profit up 8% year-on-year (YoY) and flat revenue of €265m (US$291.65m).

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