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Results Exceeds Expectations. Orders up 65.8% vs. Q3-20
FY-20 Revenue and Net Income up 21.7% and 62.7% vs. FY-19
Proposed Dividend of € 1.70 per Share, up 68.3%
DUIVEN, The Netherlands, Feb. 19, 2021 (GLOBE NEWSWIRE) BE Semiconductor Industries N.V. (the Company or Besi ) (Euronext Amsterdam: BESI; OTC markets: BESIY, Nasdaq International Designation), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the fourth quarter and year ended December 31, 2020.
Key Highlights Q4-20
Revenue of € 109.7 million, up 1.3% versus Q3-20 and above guidance. Up 18.7% versus Q4-19 primarily due to higher shipments for mobile applications to Asian subcontractors
Orders up 65.8% versus Q3-20 and 56.5% versus Q4-19 due to broad based demand increase across Besi s end-user markets, particularly mobile and automotive applications ....

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