Asm Internationl - ASMIY STOCK NEWS

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.

ASM International N.V. (Euronext Amsterdam: ASM) has informed the market about a significant development concerning ASMPT, in which ASM holds approximately 25% shareholding. ASMPT has received a preliminary non-binding approach from an independent third party regarding a possible privatization of the company.

Key points:

• The discussions are at an early stage
• No agreement has been reached with the potential offeror
• There is no certainty that the approach will lead to an offer for ASMPT shares

ASM International, headquartered in Almere, the Netherlands, designs and manufactures equipment and process solutions for semiconductor device production, with facilities in the United States, Europe, and Asia.

ASM International N.V. (Euronext Amsterdam: ASM) has announced the details for its Q3 2024 financial results release and subsequent conference call. The company will report its third quarter 2024 financial results on Tuesday, October 29, 2024, at approximately 6:00 p.m. CET. Following this, ASM will host a quarterly earnings conference call and webcast on Wednesday, October 30, 2024, at 3:00 p.m. CET.

Participants interested in joining the conference call are required to pre-register using a provided link to receive the necessary dial-in numbers, passcode, and a personal PIN for access. Additionally, a simultaneous audio webcast and replay will be available through a separate link for those who prefer that format.