Product category:
Electronics Manufacturing Materials and Consumables
News Release from: ASML
Edited by the Electronicstalk Editorial
Team on 21 April 2006
Lithography systems sales continue
upwards
ASML Holding has announced its 2006 first quarter results, recording net sales valued at Eur 629 million.
ASML Holding has announced its 2006 first quarter results according to US GAAP Net sales were Eur 629 million compared with Q4 2005 at Eur 548 million
This article was originally published on Electronicstalk on 13 Jul 2006 at 8.00am (UK)
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Net profit was Eur 80 million or 12.7% of sales compared with Q4 2005 at Eur 52 million or 9.4% of sales.
Gross margin was 40.0% compared with Q4 2005 at 37.3%.
There were net bookings of 62 systems including 47 new and 15 refurbished systems compared with Q4 2005 net bookings of 55 systems including 43 new and 12 refurbished systems.
The company has an order backlog of 106 lithography systems valued at Eur 1596 million as of 2nd April 2006 compared with 95 lithography systems valued at Eur 1434 million as of 31st December 2005.
As expected and in preparation for major Q2 growth, the company invested in working capital, reducing its cash balance by Eur 219 million in Q1 2006.
"ASML's 15% sales increase quarter-on-quarter and higher than expected Q1 bookings at 62 systems confirm not only the momentum of our industry but also the continuous progress in market acceptance of ASML technology", said Eric Meurice, President and CEO.
"We reinforced our technology lead by having shipped the first Twinscan XT:1700i, the industry's only immersion system capable of volume manufacturing at the 45-nanometre node, and by enabling significant progress in immersion processing as recently reported by multiple customers".
"We also acquired our seventh customer in Japan, solidifying our ongoing penetration of this important market".
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