TomTom Chief - Good Margins Ahead

Quick post - TomTom CEO was quoted recently indicating that margins are still reasonably strong and that the TeleAtlas investment is starting to payoff, as margins for standalone units are about 40% while the mapping licenses are at about 50%. You have to be relieved at this last part - it wasn't long ago that a lot of people thought that TomTom was dead in the water and barely squeaking by under the burden of debt that the TeleAtlas deal brought.

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