ASM International N.V : Another guidance upgrade this quarter, this time thanks to a faster-than-expected improvement in the supply chain
>Q4 2022 sales 13% ahead of expectations - ASMi yesterday announced that based on preliminary and unaudited figures, Q4 2022 sales came to about € 720m, 13% ahead of the consensus of € 640m and vs guidance of € 630-660m. We note that the guidance, which initially stood at € 600-630m, was upgraded at end-November due to a lower-than-expected impact from US restrictions on China (at 15-25% vs 40% of the 16% which China represents in total sales). This fresh upgrade resu...ASM International is an equipment supplier mainly to the semiconductor manufacturing industry. Co. designs, manufactures and sells equipment and services to its customers for the production of semiconductor devices, or integrated circuits. Co.'s front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. Co.'s back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged and tested.
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.
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