TomTom NV Q3 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Marc Hesselink - ING - Analyst : First question is on enterprise. I think with the smaller clients. And we also said the idea that eventually you want to lend also the larger clients, which have longer cycles. What still needs to happen for these larger clients to get involved as well? Is that they need more testing time? Do you still have to change things on your side? Maybe a bit like what are the important things -- important hurdles to win those kind of clients?

Question: Marc Hesselink - ING - Analyst : Great. And my second question is on automotive. Given the weakness in the end markets, our discussions on pricing. I hear quite a lot that the OEMs are pushing on their supply chains to lower prices, especially on the EV side. Is that something that's also visible for you?

Question: Marc Hesselink - ING - Analyst : And final question is on -- if you look at the move in price for the short term, we see the weakness in automotive and the push out in some of the EV adoption. And then you also mentioned the more longer-term positive of higher safety features and where you also require a map when were those things inflect, like do you think that the -- what you're currently seeing for the long term is going to be offsetting some of the more near-term weakness is this? Is that something that -- is that visibility for you when that can get inflect? And when do you expect that?