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    TOM2   NL0013332471

TOMTOM NV

(TOM2)
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Real-time Euronext Amsterdam  -  11:35:12 2023-01-27 am EST
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TomTom Announces to Power PTV Truck Navigator G2

11/17/2022 | 01:30am EST

TomTom announced it will power PTV Truck Navigator G2, the next generation of PTV Group's professional truck navigation app. In a move that expands the firms' partnership, PTV Group will be using TomTom's recently launched Navigation SDK (Mobile Software Development Kit) to power up-to-date maps, custom truck routing and more in their app, now available globally for the first time. Using the fresh, rich map data from TomTom, PTV Truck Navigator G2 exemplifies the versatility with which TomTom's technology can support its partners in creating industry-leading, location-aware solutions that answer their customer's needs.

The app considers several attributes, including the size and weight of large vehicles, as well as truck-specific attributes such as cargo, hazard restrictions, and tunnels to calculate the best, most economical routes for truck drivers. To inform its calculations and accurately predict delays in the future, it relies on TomTom's full suite of real-time traffic data, historical traffic patterns, and predictions. With these services neatly packaged in an easy-to-use format, the TomTom Navigation SDK enables PTV Group to offer a highly accurate navigation solution which can be quickly and easily customized for fleet managers and drivers.

Fleets across the globe can now rely on the PTV Truck Navigator G2 to keep them on track by warning them of changing road conditions, suggesting faster routes and providing more precise ETAs. To ensure optimized and reliable deliveries, the app also facilitates a seamless connection between back-office planning operations and drivers on the road. For the past 10 years, the PTV Group has leveraged TomTom's expertise in mapmaking and location technology to strengthen its offerings in the fields of mobility and logistics.

Together, the companies continue to create far-reaching impact with their technology, be it by monitoring and controlling congestion or by improving the safety and efficiency of public roads.


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Financials
Sales 2022 511 M 555 M 555 M
Net income 2022 -98,0 M -106 M -106 M
Net cash 2022 216 M 235 M 235 M
P/E ratio 2022 -7,98x
Yield 2022 -
Capitalization 855 M 927 M 927 M
EV / Sales 2022 1,25x
EV / Sales 2023 1,20x
Nbr of Employees 4 424
Free-Float 46,9%
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Number of Analysts 3
Last Close Price 6,67 €
Average target price 9,50 €
Spread / Average Target 42,4%
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Managers and Directors
Harold Goddijn Chief Executive Officer
Taco Titulaer Chief Financial Officer
Derk Johan Haank Chairman-Supervisory Board
Eric Bowman Chief Technical Officer
Jack P. de Kreij Member-Supervisory Board
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