ASM International N.V : Q4 2021 results and solid 2022 guidance
>Q4 2021 results broadly in line, once again with robust order intake (BtB of 1.3x) - Q4 2021 revenue was € 491m, a shade above the consensus of € 488m and at the high-end of the guidance range of € 470-500m. This figure shows a sequential increase of 13.5% and a full-year increase of 42%. Revenues were driven by the logic, foundries and memory activities. As a result, growth in 2021 was +34%cc (+30% reported), driven by strong growth for ALD and epitaxy. The gross m...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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