An Extended Partnership Agreement Between TomTom and CitiEU
TomTom, a specialist in mapping and location technologies, announced on September 10, 2026 the expansion of its partnership with CitiEU, a specialist in transport modeling, forecasting, and planning solutions.
Under the terms of the agreement, CitiEU will leverage TomTom's location technologies to develop location analysis, traffic intelligence, and mobility solutions for clients in Europe and the Middle East.
TomTom Products Mobilized Under the Agreement
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Under this agreement, CitiEU will have access to a portfolio of TomTom products including Traffic Analytics, historical traffic volumes, real-time traffic services, map data, and Maps APIs.
These tools aim to develop solutions for analyzing mobility patterns, monitoring traffic conditions, and supporting planning decisions, for uses such as market analysis, traffic studies, emergency response, network resilience, and route optimization.
A Collaboration Engaged Since 2012
CitiEU indicates it has been a TomTom partner since 2012 and uses its data in its transport modeling projects.
The company has also developed a web portal, called the Intelligent Mobility Hub, intended for public and private organizations, which leverages TomTom's real-time data to automatically generate reports, alerts, and analysis.
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Context
Period
Period: T3 2026
Key reported figures
Revenue: 129 millions d'euros
Quarterly revenue: 129 millions d'euros
-239 millions d'euros
Guidance from the release
Updating 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook
Risks mentioned
Approximately 200 roles impacted by organizational changes
Automotive operational revenue decreased by 19%
Group revenue decreased by 6% year-over-year
Opportunities identified
Significant growth opportunities in automated driving and location intelligence driven by AI
Expanded collaboration with Microsoft for location intelligence integration
Location Technology revenue growth expected for 2027
Outlook / guidance
Management commentary: We are updating our 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook. The 4% operating margin guidance reflects our stronger performance year to date, as well as lower expected salary costs in Q4.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.