Report
Martin Marandon-Carlhian ...
  • Stephane Houri

BE Semiconductor Industries : Solid Q2 2024 results, Q3 guidance well below expectations but anticipated by ASMPT weak results yesterday – Additional HB orders expected in H2

>Q2 2024 results above expectations on all metrics - BESI reported its Q2 2024 results which were above expectations on all metrics. Orders were at € 185m (up 45% q-o-q and up 65% y-o-y), due to significant growth in hybrid bonding, photonics and 2.5D assembly solutions for AI applications partially offset by ongoing weakness in automotive end-markets. They were 4% above the consensus at € 179m. Revenues were € 151m, up 3% q-o-q and down 7% y-o-y, above the consensus ...
Underlying
BE Semiconductor Industries N.V.

BE Semiconductor Industries N.V. (Besi) is a holding company. The Company is engaged in the development, manufacturing, marketing, sales and service of semiconductor assembly equipment for the global semiconductor and electronics industries. It operates through three segments: Die Attach, Packaging and Plating. It develops assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a range of end user markets, including electronics, computer, automotive, industrial and solar energy. The Company offers products, such as Die attach equipment, which include single chip, multi-chip, multi module, flip chip, thermo-compression bonding (TCB) and enhanced wafer level ball grid array (eWLB) die bonding systems, and die sorting systems; Packaging equipment, which include wafer level molding and singulation systems, and Plating equipment, which include metal plating systems and related process chemicals.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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