ASM International NV
OTC:ASMIY

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ASM International NV Logo
ASM International NV
OTC:ASMIY
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Price: 653.35 USD 8.27% Market Closed
Market Cap: 32.2B USD

ASM International NV
Investor Relations

In the intricate landscape of the semiconductor industry, ASM International NV emerges as a pivotal player, teetering between innovation and mastery of the atomic layer deposition (ALD) technology it pioneered. Conceived amid the surging demand for miniaturized, high-performance electronic devices, ASM crafted its legacy on developing cutting-edge equipment that manufactures the very heart of these devices—semiconductors. By perfecting ALD and epitaxial deposition processes, the company arms its clients with the ability to build increasingly intricate and efficient chips essential for modern technology. Pivotal to ASM's strategy is a commitment to substantial R&D, ensuring its equipment not only aligns with today’s semiconductor needs but also anticipates tomorrow’s technological challenges.

ASM International’s profitability hinges on its ability to deliver precision and reliability in semiconductor fabrication equipment while fostering close partnerships with industry titans like TSMC, Samsung, and Intel. Through a business model reliant on sales and services, ASM supplies advanced tools that enable manufacturers to increase production efficiency and yield, thereby deriving revenue from equipment sales and service contracts. Moreover, the company's geographic dispersion—anchored by a strong presence in Asia, Europe, and the United States—ensures that it is well-positioned to capitalize on fluctuations in global demand while maintaining flexibility across various market segments. By continuously steering the course of innovation and leveraging its strategic alliances, ASM maintains a competitive edge in the fast-evolving world of semiconductor manufacturing, ensuring its clients remain at the forefront of technology advancement.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Revenue: Q3 2025 revenue was EUR 800 million, up 8% year-on-year at constant currency and at the high end of guidance.

Margins: Gross margin reached 51.9%, a record for ASM, supported by strong product mix, but expected to decline in 2026 due to lower China sales and product mix shift.

Orders: New orders were EUR 637 million, down 7% YoY and QoQ, with order intake expected to bottom in Q4 and recover gradually in 2026.

China Impact: China revenue dropped sequentially and is forecasted for a double-digit decline in 2026, with export restrictions affecting 1–2% of annual sales.

Guidance: Q4 2025 revenue is guided to EUR 630–660 million, and full-year 2025 revenue growth is expected to be close to 10% at constant currencies.

Outlook: ASM projects continued growth in 2026, driven by advanced logic/foundry and DRAM demand, but acknowledges a soft start to the year.

Strategic Progress: Company highlighted new design wins in DRAM HBM and progress in advanced packaging, ALD, Epi, and digital transformation initiatives.

Key Financials
Revenue
EUR 800 million
Gross Margin
51.9%
Order Intake
EUR 637 million
SG&A Expenses
10% lower year-on-year
Operating Margin
30.9%
Free Cash Flow
EUR 139 million in Q3; EUR 239 million excluding earn-outs; EUR 628 million in first 9 months
CapEx
EUR 38 million in Q3
Cash Balance
EUR 1.1 billion at end of Q3
Earnings Call Recording
Other Earnings Calls

Management

Dr. Hichem M'Saad
CEO, President & Chairman of the Management Board
No Bio Available
Mr. Paulus Antonius Henricus Verhagen
CFO & Member of Management Board
No Bio Available
Mr. Kent Rossman
Senior Vice President Global Operations
No Bio Available
Mr. Victor Bareño
Director of Investor Relations
No Bio Available
Dr. J. F. M. Westendorp
Vice President of Corporate Marketing
No Bio Available
Mr. Brian Birmingham
Corporate Senior Vice President Global Sales & Services
No Bio Available
Ms. Edyta Jakubek
Chief People Officer
No Bio Available

Contacts

Address
FLEVOLAND
Almere
Versterkerstraat 8
Contacts
+31881008810.0
www.asm.com