ASM International NV

ASM

Equity

ISIN NL0000334118 / Valor 538608

Euronext - Euronext Amsterdam (2025-10-20)

EUR 547.40+2.36%

ASM International NV
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

ASM International NV is a Dutch company that specializes in supplying wafer processing equipment to leading semiconductor manufacturers, with a primary focus on thin film deposition technologies. The company designs, manufactures, and sells advanced deposition tools essential for producing semiconductor devices and integrated circuits (ICs). Additionally, ASM International provides comprehensive service and support for its equipment, ensuring that customers maintain optimal performance and efficiency in their semiconductor fabrication processes. By offering cutting-edge deposition solutions, ASM International plays a pivotal role in the semiconductor supply chain, enabling the development and manufacturing of various electronic components critical to the technology industry.

Summarized from source with an LLMView SourceSector: Technology

New Orders

In Q2 2025, ASM International NV secured new orders totaling €702 million, marking a 4% decrease year-over-year at constant currencies. This decline was primarily due to lower advanced logic/foundry orders influenced by the timing of order intake and the seasonal variability of quarterly orders.

Revenue

Revenue for ASM International NV in Q2 2025 reached €835.6 million, representing an 23% increase at constant currencies compared to Q2 2024. This growth surpassed guidance estimates, driven by robust sales in the foundry segment, followed by memory and logic sectors.

Gross Profit Margin

The gross profit margin improved to 51.8% in Q2 2025 from 49.8% in the same quarter last year. This improvement was supported by a favorable product and customer mix, enhanced operational efficiency, and strong sales performance in the Chinese market.

Operating Result

ASM International NV reported an operating result of €258.5 million in Q2 2025, with a margin of 30.9%. This reflects a year-over-year increase of 5.7 percentage points, driven by higher gross margins and effective cost control measures.

Net Earnings

Net earnings for Q2 2025 surged to €202.4 million, a significant turnaround from a loss of €28.9 million in Q1 2025. The improvement was largely due to the reversal of an impairment charge related to ASMPT, which positively impacted the net earnings without affecting cash flow.

Outlook

Looking ahead, ASM International NV expects revenue in the second half of 2025 to remain consistent with the first half at constant currencies. For Q3 2025, revenue is projected to be flat to slightly lower, with ongoing positive trends anticipated in advanced logic/foundry bookings. The company anticipates full-year revenue growth of approximately 10% to 20% at constant currencies, supported by the ramp-up of the 2nm GAA node and sustained demand in advanced HBM-related DRAM applications.

Summarized from source with an LLMView Source

Key figures

5.51%1Y

116%3Y

308%5Y

Performance

44.6%1Y

42.1%3Y

42.9%5Y

Volatility