Report
Martin Marandon-Carlhian ...
  • Stephane Houri

ASM International N.V : We remain confident on ASMi’s structural story

>Q2 results at the high end of the range are possible, if the easing of lockdown reduces disruption on the supply chain - ASMi is due to report its Q2 2020 results on 28 July (after the close). At the time of the Q1 release, the group issued guidance for Q2 sales of € 300-350m, i.e. € 325m at mid-range, which implies y-o-y growth of 25% (restated for a one-off of € 103m booked last year). We are in line with this forecast. The consensus (which has few participants and...
Underlying
ASM International N.V.

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.

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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