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ASM International NV is a leading supplier of semiconductor equipment and solutions. The company's core business involves the design, manufacture, and sale of wafer processing equipment for the semiconductor industry worldwide. With a strong focus on innovation and quality, ASM International NV has achieved double-digit full-year revenue growth, outperforming the market in 2023. The company recently announced the expansion of its operations in the U.S. and a share buyback program, demonstrating its commitment to driving shareholder value. ASM International NV is poised for continued success and growth in the semiconductor industry.
ASM International N.V. announces the availability of information for the Annual General Meeting of Shareholders (AGM) on May 16, 2022, including the agenda and U.S. market proxy materials on their website. The hybrid meeting will allow attendance both in person and online. Key agenda items include appointing Mr. Hichem M’Saad to the Management Board, altering the remuneration policy, and reappointing Mr. Marc de Jong to the Supervisory Board. A regular dividend proposal of €2.50 per common share is also on the agenda. The record date for voting is set for April 18, 2022.
ASM International will announce its Q1 2022 operating results on April 20, 2022, at 6:00 p.m. CET and 12:00 p.m. EST. An investor conference call is scheduled for April 21, 2022, at 3:00 p.m. CET (9:00 a.m. EST). Participants must pre-register to obtain Dial-In Numbers and Event Passcodes. The call will also be available via audio webcast. ASM, based in Almere, Netherlands, specializes in semiconductor manufacturing equipment and process solutions. For more details, visit www.asm.com.
ASM International recently inaugurated its new manufacturing facility in Singapore and announced the groundbreaking for a second floor. This expansion, amidst a global chip shortage, aims to boost production capacity, increasing Singapore's capabilities fourfold and global capacity more than tripling. The facility is designed for efficiency and flexibility, addressing supply chain challenges. CEO Benjamin Loh highlighted a revenue growth target of €2.8-3.4 billion by 2025, equating to a CAGR of 16%-21%. The site is also recognized for sustainability, achieving Green Mark Gold Plus certification.
Almere, The Netherlands
March 14, 2022
ASM International N.V. has acquired Reno Sub-Systems Inc., a provider of RF matching sub-systems for semiconductor manufacturing, enhancing ASM's plasma product offerings. Reno's innovative designs will support the performance of ASM's existing technologies. However, due to its small size, this acquisition is not anticipated to materially impact ASM's earnings for 2022.
ASM International N.V. published its Annual Report 2021 on March 3, 2022, complying with European Single Electronic Format (ESEF) reporting requirements. The report includes primary consolidated financial statements labelled with XBRL tags and is accessible as an HTML file and PDF on the company's website. Additionally, ASM announced its Annual General Meeting of Shareholders on May 16, 2022, with the agenda to be released later. The company designs and manufactures equipment for semiconductor devices and operates globally.
ASM International N.V. announced strong fourth-quarter 2021 results with record new orders of €645 million, a 70% increase year-over-year. Revenue reached €491 million, up 42% from the previous year. The gross profit margin was 47.0%, while the operating result rose to €131 million. For 2021, ASM reported total revenue growth of 34% at constant currencies, totaling €1,730 million. The company plans a dividend increase from €2.00 to €2.50 per share and initiated a new share buyback program of €100 million. Outlook for Q1 2022 anticipates revenue of €500-530 million amidst ongoing supply chain challenges.
ASM International N.V. announced a five-year partnership with the University of Helsinki to establish the Atomic Layer Deposition Center of Excellence (ALD CoE) at the Kumpula science campus. ASMI will enhance its funding and expand its subsidiary, ASM Microchemistry Oy. The ALD CoE aims to advance atomic layer deposition technologies critical for future semiconductor applications. CEO Benjamin Loh emphasized that this collaboration aligns with the European semiconductor infrastructure goals, particularly the European Chips Act.
ASM International N.V. will report its Q4 2021 operating results on February 22, 2022, at 6:00 p.m. CET and 12:00 p.m. EST. An investor conference call is scheduled for February 23, 2022, at 3:00 p.m. CET (9:00 a.m. EST). Participants must pre-register for call access. The results will cover the company's financial performance in the semiconductor device manufacturing sector. For more information and to access the conference, visit www.asm.com.
ASM International N.V., based in Almere, Netherlands, announced significant changes to its corporate governance on February 1, 2022. These changes include the nomination of Hichem M’Saad as a new member of the Management Board and Chief Technology Officer (CTO), expanding the board to three members. The formation of an Executive Committee has also been initiated to enhance the company's growth strategy. M’Saad, with over 25 years in the semiconductor equipment industry, is expected to drive innovation. The company is scheduled to request shareholder approval for this appointment during the AGM on May 16, 2022.
ASM International has successfully completed its €100 million share buyback program on December 17, 2021. The program, initiated on July 28, 2021, involved the repurchase of 292,116 shares at an average price of €342.33. The objective of this buyback is to enhance shareholder value by reducing capital through the withdrawal of the repurchased shares, while maintaining some treasury shares for employee programs. This strategic move illustrates ASM's commitment to utilizing excess cash for the benefit of its shareholders.
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