Home » ASML closes the second quarter of 2022 with 8.5 billion euros in revenue

ASML closes the second quarter of 2022 with 8.5 billion euros in revenue

ASMLthe Dutch company that manufactures the most advanced lithographic equipment in the world, closed the second quarter (Q2 2022) with a record incomesomething that surprises no one.

According to the data provided by the company, he seized €8,461 millionwhich means growth from 21% compared to Q1 2022, which amounted to 6,977 million euros. Of these, they generated €5,431 million in turnover, which implies growth from 53% compared to the 3,534 million euros recorded in the last quarter.

Although these are good numbers, the company expects to end the year with revenue growth of around 10%who is “lower than expected“.

ASML machinery

“Our second quarter net sales were €5.4 billion, with a gross margin of 49.1%. Demand from our customers remains very strong, as evidenced by the record net bookings of €8.5 billion in the second quarter, including €5.4 billion of 0.33 NA to 0.55 NA EUV systems, as well as strong DUV inventories.”

“Some customers are indicating signs of slowing demand in certain consumer-focused market segments, but we continue to see strong demand for our systems, driven by global megatrends in automotive, high-performance computing and the transition While we continue to expect to ship a record number of systems this year, increasing supply chain constraints are causing delays in start-ups, so we are increasing the number of planned expedited shipments for the remainder of this year. year in order to provide our customers with the necessary capacity extensions.

“ASML expects third quarter net sales of between 5.1 and 5.4 billion euros, with a gross margin of between 49% and 50%. turnover of around 10%.

This growth is lower than expected due to an increase in the number of express shipments expected for the rest of 2022, whose revenues will be delayed until 2023 by an amount of approximately 2.8 billion euros. With the combination of this delay in revenue recognition, additional costs related to the planned increase in production capacity and certain inflationary trends, we expect the gross margin for the year 2022 to be between 49% and 50 %,” said ASML President and CEO Peter Wennink.

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