Report
Stephane Houri ...
  • Wim Gille

BE Semiconductor Industries : Despite the weakness in the short term, the fundamentals remain positive

>Outperform rating maintained, target price lowered to € 82 vs € 88 - BESI’s share price on Friday lost 8% after its Q1 2022 results, which saw orders and the outlook for Q2 2022 fall short of expectations. Despite this weakness relating to China and smartphones, the fundamentals remain positive, notably on the strength of the market, thanks to numerous advanced packaging plant construction projects over the next three years, and on the continued ramp-up of hybrid bon...
Underlying
BE Semiconductor Industries N.V.

BE Semiconductor Industries N.V. (Besi) is a holding company. The Company is engaged in the development, manufacturing, marketing, sales and service of semiconductor assembly equipment for the global semiconductor and electronics industries. It operates through three segments: Die Attach, Packaging and Plating. It develops assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a range of end user markets, including electronics, computer, automotive, industrial and solar energy. The Company offers products, such as Die attach equipment, which include single chip, multi-chip, multi module, flip chip, thermo-compression bonding (TCB) and enhanced wafer level ball grid array (eWLB) die bonding systems, and die sorting systems; Packaging equipment, which include wafer level molding and singulation systems, and Plating equipment, which include metal plating systems and related process chemicals.

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

Wim Gille

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