TomTom specializes in designing and marketing digital navigation and mapping systems. Besides turn-by-turn navigation, the group's products can also provide real-time information about traffic and weather conditions. The maps can be enhanced with detailed city maps, security camera data, historical speed data bases, information on points of interest (parking areas, service stations, hotels, restaurants), etc.
Products are manufactured by subcontractors.
Sales are distributed geographically as follows: Europe (70.6%), North America (25.9%) and other (3.5%).
Initial Public offering
Offering of 85,264,381 Ordinary Shares in a 5 for 8 rights offering at a price of €4.21 per Ordinary Share.