Record revenues and profit for ASML

Edited by the Electronicstalk editorial team Oct 19, 2006

ASML Holding has announced 2006 third quarter results.

ASML Holding has announced 2006 third quarter results according to US GAAP.

Net sales were Eur 958 million, up 80% versus year ago, and up 2% versus Q2 2006 at Eur 942 million.

Operating profit was Eur 239 million, or 25.0% of net sales, up more than threefold versus year ago, and sustained versus Q2 2006 at Eur 238 million or 25.2% of sales.

Net profit was Eur 172 million, or 17.9% of net sales, up more than threefold versus year ago, and up 3% versus Q2 2006 at Eur 167 million or 17.7% of sales.

Net bookings were valued at Eur 1193 million with 95 systems including 88 new and seven refurbished systems, an increase in net bookings value of 10% versus Q2 2006 net bookings valued at Eur 1083 million with 93 systems including 78 new and 15 refurbished systems.

"Record revenues and profit in Q3 2006, as well as strong bookings above our initial expectation, confirm the healthy state of the semiconductor lithography market and ASML's increasing market share", said Eric MEurice, President and CEO.

"In addition to strong i-line system bookings, our market position is reinforced by further progress in Japan and by the industry's ordering for immersion production ramp-ups".

"With 28 ASML immersion tools shipped, including 15 Twinscan XT:1700i systems, the only available system capable of 45-nanometre volume manufacturing, and with our shipments of the industry's first two full-field EUV development systems, ASML consolidates its technology leadership".