Report
Stephane Houri

ASML : Now is the time to Buy to play the CMD on 8 November

>Reassuring message at our road show. - Management sends out a reassuring message at the road show in Munich The company did not comment on positive or negative readjustments to delivery schedules, but overall nothing has changed. All told, the group reiterated its guidance for Q3 2018 for sales of € 2.7bn-€ 2.8bn and a gross margin of 47-48%. Although no guidance has been issued for FY 2018, the group still describes H2 as stronger than H1, with Q4 above Q3. Accordin...
Underlying
ASML Holding NV

ASML Holding provides lithography systems for the semiconductor industry, manufacturing machines that are used in the production of integrated circuits or chips. Co. develops, produces, markets, sells and services advanced semiconductor equipment systems exclusively consisting of lithography systems. Co. sells its products to micro-processor manufacturers and Foundries, NAND-Flash memory and DRAM memory chipmakers. Co.'s products line includes the following: PAS 5000 lithography systems, which Co. no longer manufactures but continues to refurbish; PAS 5500 products; TWINSCAN DUV systems and TWINSCAN EUV systems based on a new platform utilizing the concepts of the TWINSCAN platform.

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
Stephane Houri

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