ASML Announces €28.3 Billion in Sales and €7.6 Billion Profit for 2024

ASML’s Stellar Q4 and 2024 Results

Today, ASML Holding NV (ASML) dropped some exciting news about its financial performance for the fourth quarter and the entire year of 2024. Spoiler alert: it’s looking pretty good! The company reported total net sales of a whopping €9.3 billion in Q4, with a robust gross margin of 51.7%. Not too shabby, right? And if that’s not enough, they also racked up a net income of €2.7 billion for the quarter.

But wait, there’s more! ASML also revealed that quarterly net bookings for Q4 hit €7.1 billion, with about €3.0 billion coming from their EUV technology. Looking at the full year, ASML celebrated a record total net sales of €28.3 billion and a gross margin of 51.3%. Talk about a banner year!

What’s Next for ASML?

So, what’s on the horizon for ASML? The company is projecting total net sales for Q1 2025 to be between €7.5 billion and €8.0 billion, with a gross margin hovering between 52% and 53%. For the entirety of 2025, ASML anticipates total net sales to fall within the range of €30 billion to €35 billion, maintaining that solid gross margin between 51% and 53%.

CEO Insights: AI as a Game Changer

ASML’s CEO, Christophe Fouquet, shared some insights on the company’s performance. “Our fourth quarter was a record in terms of revenue,” he said, highlighting the success driven by additional upgrades and the recognition of revenue from two High NA EUV systems. He noted, “The growth in artificial intelligence is the key driver for growth in our industry.” This shift in market dynamics is creating both opportunities and risks, which is reflected in their revenue outlook for 2025. It’s a fascinating time for the tech world, and ASML seems to be right in the thick of it.

Dividends and Share Buybacks: What to Expect

Now, let’s talk dividends. ASML plans to declare a total dividend of €6.40 per ordinary share for 2024, which is a nifty 4.9% increase compared to last year. An interim dividend of €1.52 per share is set to be paid out on February 19, 2025. When you consider the two interim dividends of €1.52 paid in 2024, this leads to a final dividend proposal of €1.84 per share for the General Meeting.

Interestingly, ASML didn’t buy back any shares in Q4 under its current buyback program running from 2022 to 2025. For those curious about the details, you can find more information about the share buyback program and dividends on ASML’s website.

Final Thoughts

ASML’s latest financial results paint a picture of a company that’s not just surviving but thriving in a rapidly evolving tech landscape. With AI driving change and a solid financial outlook, it’s clear that ASML is positioning itself for continued success. As we look ahead, one has to wonder—what innovations will they bring to the table next? Stay tuned!

Background Information

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About ASML:

ASML is an innovation leader in the global semiconductor industry. ASML provide chipmakers with hardware, software and services to mass produce patterns on silicon through lithography. Their lithography systems use ultraviolet light to create billions of tiny structures on silicon that together make up a microchip. Founded in 1984 in the Netherlands with just a handful of employees, ASML hass now grown to over 40,000 employees, 143 nationalities and more than 60 locations around the world.

  

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Technology Explained

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EUV: Extreme Ultraviolet Lithography (EUV or EUVL) is an advanced semiconductor manufacturing technique that employs extremely short wavelengths of light in the extreme ultraviolet spectrum to create intricate patterns on silicon wafers. Utilizing a wavelength around 13.5 nanometers, significantly shorter than traditional lithography methods, EUVL enables the production of smaller and more densely packed integrated circuits, enhancing the performance and efficiency of modern microprocessors and memory chips.

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