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ASM International N : ASM INTERNATIONAL N V REPORTS SECOND QUARTER 2021 RESULTS
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ASM International NV: ASM INTERNATIONAL N V REPORTS SECOND QUARTER 2021 RESULTS
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Investegate |ASM International NV Announcements | ASM International NV: ASM INTERNATIONAL N V REPORTS SECOND QUARTER 2021 RESULTS
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COMMENT
“2021 started very strong for ASM,” said Benjamin Loh, President and Chief Executive Officer of ASM International. “In the first quarter, we realized revenue of €394 million, well within our guidance of €380-400 million and up 14% from the level in Q4. The revenue level was again driven by continuous high demand in the logic/foundry segment. Our Q1 order intake, at €411 million, was up 8% from an already high level in Q4 and ahead of our guidance of €380-400 million, driven by solid demand in logic/foundry. Our gross margin was at a high level of 49.5%, caused by a favorable mix, while our operational cash flow showed a record high level in Q1. Based upon the strong cash position at the end of March, we plan to start a new €100 million share buyback program.”