ASM announces outcome of preliminary assessment new export regulations
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 ha annunciato che i nuovi controlli all'esportazione degli Stati Uniti su attrezzature per semiconduttori verso la Cina sono perlopiù in linea con le precedenti ipotesi. L'azienda mantiene la sua guida sui ricavi per il quarto trimestre 2024, pari a 770-810 milioni di euro, e l'obiettivo di fatturato per l'intero anno 2025 di 3,2-3,6 miliardi di euro.
L'azienda si aspetta che le vendite di attrezzature in Cina diminuiscano nel secondo semestre del 2024 rispetto al primo, con vendite nel quarto trimestre 2024 inferiori a quelle del terzo trimestre. Per il primo semestre del 2025, le vendite in Cina sono previste mostrare un'ulteriore diminuzione moderata rispetto al secondo semestre del 2024, con vendite totali per l'anno 2025 in Cina che si prevede siano inferiori rispetto all'anno precedente. Si prevede che le vendite di attrezzature in Cina rappresentino una percentuale bassa o alta del 20% del totale delle vendite di ASM nell'anno fiscale 2025.
ASM International anunció que los nuevos controles de exportación de EE.UU. sobre equipos de semiconductores hacia China están en gran medida alineados con las suposiciones previas. La compañía mantiene su guidance de ingresos para el cuarto trimestre de 2024 de 770-810 millones de euros y su objetivo de ingresos para el año fiscal 2025 de 3.2-3.6 mil millones de euros.
La empresa espera que las ventas de equipos en China disminuyan en el segundo semestre de 2024 en comparación con el primero, con ventas en el cuarto trimestre de 2024 por debajo de los niveles del tercer trimestre. Para el primer semestre de 2025, se proyecta que las ventas en China muestren una moderada disminución adicional frente al segundo semestre de 2024, y se espera que las ventas en China para todo el año 2025 sean más bajas en comparación con el año anterior. Se prevé que las ventas de equipos en China representen un porcentaje bajo a alto de 20% del total de ventas de ASM en el año fiscal 2025.
ASM International은 중국에 대한 반도체 장비의 미국 수출 통제가 이전의 예상과 대체로 일치한다고 발표했습니다. 이 회사는 2024년 4분기 수익 전망을 7억 7천만 유로에서 8억 1천만 유로로 유지하며, 2025년 회계연도 수익 목표를 32억 유로에서 36억 유로로 설정했습니다.
회사는 중국 장비 판매가 2024년 하반기에 1반기보다 감소할 것으로 예상하며, 2024년 4분기 판매가 3분기 수준보다 낮을 것으로 보입니다. 2025년 1반기는 2024년 하반기보다 더 완만한 감소를 보일 것으로 예상되며, 2025년 전체 연도 중국 판매는 전년 대비 낮을 것으로 보입니다. 중국 장비 판매는 2025 회계연도 동안 ASM 총 매출의 20%의 낮거나 높은 비율을 차지할 것으로 예상됩니다.
ASM International a annoncé que les nouvelles contrôles d'exportation américaines sur les équipements semi-conducteurs vers la Chine sont largement alignées avec les hypothèses précédentes. L'entreprise maintient son objectif de revenus pour le quatrième trimestre 2024 de 770 à 810 millions d'euros et son objectif de revenus pour l'année fiscale 2025 de 3,2 à 3,6 milliards d'euros.
L'entreprise s'attend à ce que les ventes d'équipements en Chine diminuent au second semestre 2024 par rapport au premier semestre, avec des ventes au quatrième trimestre 2024 inférieures à celles du troisième trimestre. Pour le premier semestre 2025, les ventes en Chine devraient montrer une nouvelle diminution modérée par rapport au second semestre 2024, et les ventes totales en Chine pour l'année 2025 devraient être inférieures à celles de l'année précédente. On prévoit que les ventes d'équipements en Chine représentent un pourcentage bas à élevé de 20% du total des ventes d'ASM pour l'année fiscale 2025.
ASM International gab bekannt, dass die neu erlassenen US-Ausfuhrkontrollen für Halbleiterausrüstung nach China weitgehend mit früheren Annahmen übereinstimmen. Das Unternehmen hält an seiner Umsatzprognose für das 4. Quartal 2024 von 770-810 Millionen Euro und dem Umsatzziel für das Geschäftsjahr 2025 von 3,2-3,6 Milliarden Euro fest.
Das Unternehmen erwartet, dass die Verkäufe von Geräten in China im 2. Halbjahr 2024 im Vergleich zum 1. Halbjahr zurückgehen werden, wobei die Verkäufe im 4. Quartal 2024 unter dem Niveau des 3. Quartals liegen werden. Für das 1. Halbjahr 2025 wird eine weitere moderate Abnahme der Verkäufe in China im Vergleich zum 2. Halbjahr 2024 prognostiziert, und die gesamten Verkaufszahlen für China für das Jahr 2025 werden voraussichtlich niedriger sein als im Vorjahr. Es wird erwartet, dass die Verkäufe von Geräten in China im Geschäftsjahr 2025 einen niedrigen bis hohen zweistelligen Prozentsatz des Gesamteinkommens von ASM ausmachen werden.
- Revenue guidance maintained at €770-810M for Q4 2024
- FY 2025 revenue target unchanged at €3.2-3.6B
- H2 2024 sales expected to increase by >15% compared to H1 2024
- Expected decline in China equipment sales in H2 2024
- Further decrease in China sales projected for H1 2025
- Potential indirect impact from U.S. export controls on other segments
Almere, The Netherlands
December 4, 2024, 8:00 a.m. CET
ASM International N.V. (Euronext Amsterdam: ASM) today announces that based on a preliminary assessment newly issued U.S. export controls are largely in line with previous assumptions. Guidance for Q4 2024 revenue and FY 2025 revenue remains unchanged.
On December 2, 2024, the U.S. government announced updated export regulations, including new restrictions on exports of semiconductor equipment applications to China. These regulations are largely in line with our previous assumptions. We reiterate our target for total ASM revenue of
Our guidance is also unchanged for ASM total sales of
We continue to expect that equipment sales in China will drop in the second half of 2024 compared to the exceptionally strong level in the first half, with Q4 2024 sales below the level of Q3 2024. We also reconfirm our expectation that for the first half of 2025 sales in China will show a further moderate decrease compared to the second half of 2024, and that for the full year 2025 sales in China will be lower year on year. For FY 2025, we expect ASM’s China equipment sales as a percentage of total ASM sales to be in a range of low to high 20s percentage.
The new U.S. export control regulations are also expected to impact other segments and equipment categories in which our company is not active, and as such there could be an indirect impact to ASM. It is too early to predict what such an indirect impact, if any, on our business would be.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM's website at www.asm.com.
Cautionary note regarding forward-looking statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics, pandemics and other risks indicated in the company's reports and financial statements. The company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
| Contact Investor and media relations Victor Bareño T: +31 88 100 8500 E: investor.relations@asm.com | Investor relations Valentina Fantigrossi T: +31 88 100 8502 E: investor.relations@asm.com |
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FAQ
How will the new U.S. export controls affect ASM International's (ASMIY) revenue guidance for 2024-2025?
What is ASM International's (ASMIY) expected China sales outlook for 2024-2025?
What impact will the December 2024 U.S. semiconductor export restrictions have on ASM International (ASMIY)?
