Asm Internationl Stock Price, News & Analysis

ASM International N.V. (Euronext Amsterdam: ASM) has announced the publication of its Annual Report 2024 on March 6, 2025. The report is available in ESEF reporting package and PDF format on the company's website.

The report follows European Single Electronic Format (ESEF) requirements, using Extensible Hypertext Markup Language (xHTML) format with XBRL tags for primary consolidated financial statements. The company will hold its Annual General Meeting (AGM) on May 12, 2025, with related documents to be made available in due course.

ASM International, headquartered in Almere, Netherlands, specializes in designing and manufacturing semiconductor device production equipment and process solutions, with facilities across the United States, Europe, and Asia.

ASM International reported strong Q4 2024 results with revenue of €809 million, up 27% year-over-year at constant currencies. New orders reached €731 million, increasing 8% YoY, driven by gate-all-around (GAA) and high-bandwidth memory demand.

The company achieved an adjusted gross margin of 50.3% and operating margin of 28.1% in Q4. For full-year 2024, ASM outperformed the wafer fab equipment market with 12% growth, marking its eighth consecutive year of double-digit growth. Memory sales rebounded from 11% in 2023 to 25% in 2024.

Looking ahead, ASM expects Q1 2025 revenue between €810-850 million. The company announced a new €150 million share buyback program and proposed increasing the dividend to €3.00 per share, up from €2.75. However, China revenue is expected to decrease in 2025 due to new U.S. export controls.

ASM has achieved CDP's prestigious 'A List' ranking for both climate and water reporting in 2024, marking its first-time inclusion among an elite group of companies from over 22,000 submissions. This recognition highlights ASM's environmental leadership in the semiconductor industry, where few companies achieved A-rankings in both categories.

The company reached 100% renewable electricity across global operations in 2024 and aims to achieve net zero by 2035, a target approved by the Science Based Targets Initiative (SBTi) in 2023. ASM's new facility in Scottsdale, Arizona, is designed to reuse over 80% of consumed water, demonstrating commitment to water conservation.

ASM has consistently reported to CDP for thirteen consecutive years, focusing on reducing operational carbon footprint and investing in energy-efficient deposition equipment development. The company's Climate Transition Plan, released in early 2024, outlines strategies for decarbonizing products, optimizing operations, and driving sustainability improvements throughout the value chain.

ASM International N.V. (Euronext Amsterdam: ASM) has announced the schedule for its Q4 2024 financial results release and conference call. The company will publish its quarterly results on Tuesday, February 25, 2025, at approximately 6:00 p.m. CET. A conference call and webcast for investors and analysts will follow on Wednesday, February 26, 2025, at 3:00 p.m. CET. Participants need to pre-register to receive dial-in details and access credentials for the conference call. The company will also provide a simultaneous audio webcast with replay functionality.

ASM International announced several key nominations for reappointment. Paul Verhagen has been nominated for a second term as Management Board Member and CFO, with a two-year term until May 2027 when he plans to retire. The company also nominated Pauline F.M. van der Meer Mohr for reappointment as Chair of the Supervisory Board, along with Adalio T. Sanchez and Stefanie Kahle-Galonske as Supervisory Board members, effective from the 2025 AGM.

Kahle-Galonske, currently Chair of the Audit Committee, has agreed to a one-year term to ensure smooth transition of her role to Tania Micki in 2025. These nominations will be submitted for approval at the Annual General Meeting on May 12, 2025.

ASM International has received the 2024 'Excellent Performance Award' from TSMC for the fourth consecutive year. The award, presented at TSMC's Supply Chain Management Forum in Hsinchu, Taiwan, recognizes ASM's outstanding performance and contributions to TSMC's global expansion and advanced process technology nodes production capacity.

CEO Hichem M'Saad expressed gratitude for the recognition, highlighting TSMC as a strategic partner in driving technological breakthroughs. ASM continues to support TSMC's production while focusing on advancing innovations in semiconductor technologies like ALD and epitaxy.

ASM International announced that newly issued U.S. export controls on semiconductor equipment to China are largely aligned with previous assumptions. The company maintains its Q4 2024 revenue guidance of €770-810 million and FY 2025 revenue target of €3.2-3.6 billion.

The company expects China equipment sales to decrease in H2 2024 compared to H1, with Q4 2024 sales below Q3 levels. For H1 2025, China sales are projected to show a further moderate decrease versus H2 2024, with full-year 2025 China sales expected to be lower year-on-year. China equipment sales are forecasted to represent a low to high 20s percentage of total ASM sales in FY 2025.

ASM International (Euronext Amsterdam: ASM) has announced that ASMPT, in which ASM holds approximately 25% shareholding, has terminated discussions regarding its potential privatization. The talks, which began with a preliminary non-binding approach from an independent third party on October 14, 2024, have now ceased. ASMPT had previously disclosed receiving interest from a potential offeror regarding a possible privatization deal.

ASM International reported strong Q3 2024 results with new orders reaching €815 million, up 30% year-over-year, driven by strong demand for gate-all-around (GAA) and high-bandwidth memory (HBM). Revenue increased 26% to €779 million, reaching the upper end of guidance. Adjusted operating result increased 40% to €220 million with a margin of 28.2%. AI continues to drive demand for advanced devices, while other markets remain sluggish. The company projects Q4 2024 revenue between €770-810 million and expects FY 2024 revenue to increase approximately 10% year-over-year. For 2025, ASM forecasts revenue in the range of €3.2-3.6 billion.