ASM International N.V : Lots of good reasons to remain exposed, despite an exceptional performance delivered in 2021
>We reiterate our positive stance with a € 490 TP post-roadshow - We have just got back from a 1-day in-person roadshow in Frankfurt with Victor Bareno, Head of IR at ASMi. Just a few weeks following a successful CMD, we remain extremely confident about ASMi’s positioning as the group is set to continue benefiting from a fast-growing market in 2022 driven by 1/ further investments in large-scale foundries (enhancing its capacity and technological roadmap); 2/ its own ...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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