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Sales, and TomTom plummet by 41 per cent due to coronacrisis

The revenue of TomTom, was a past quarter, a 41 per cent lower than in the same quarter of the previous year. By the end of the COVID-19 had a lot of factories

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Sales, and TomTom plummet by 41 per cent due to coronacrisis

The revenue of TomTom, was a past quarter, a 41 per cent lower than in the same quarter of the previous year. By the end of the COVID-19 had a lot of factories in the automotive industry, the close and could be there in the stores, no devices will be sold. That is, the navigatiedienstverlener hard.

The loss came in the last quarter to 62 million euros, reports TomTom, on Wednesday. Last year, the company in the second quarter, with a gain of 16 million euros.

the TomTom to be punctual, however, that there has been, since its low point in april, though there is some improvement. "COVID-19 and continues to be a challenge for the global economy," said chief executive Harold Goddijn. "However, our operating revenues to recover."

in Particular, the consumententak on the TomTom, it was hit hard by the coronacrisis. The sales of the individual devices has been declining for some time now, but unfortunately, this quarter-a 68 per cent reduction. The operating revenues of the Automotive industry, it is the part of the company that has a built-in navigation software and digital map products it sells, the sales, by 47 percent.

in the Enterprise, the department in navigation solutions and digital maps, to technologiegiganten, such as Microsoft, Uber, and Apple sells it, it generated a 5 percent increase in sales.

The company will dare to continue not to make judgments about how the rest of the year is going to look like.

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