ASM reports first quarter 2024

Almere, The Netherlands
April 23, 2024, 6 p.m. CET

Solid start of the year, Q1 orders supported by GAA and HBM

ASM International N.V. (Euronext Amsterdam: ASM) today reports its Q1 2024 results (unaudited).

Financial highlights

€ million	Q1 2023	Q4 2023	Q1 2024
New orders	647.4	677.5	697.9
yoy change % at constant currencies	(6%)	(14%)	10%
Revenue	710.0	632.9	639.0
yoy change % at constant currencies	40%	(7%)	(8%)
Gross profit margin %	49.4 %	47.2  %	52.9  %
Adjusted gross profit margin 1	51.1  %	47.9  %	52.9  %
Operating result	204.2	131.5	187.1
Operating result margin %	28.8  %	20.8  %	29.3  %
Adjusted operating result 1	221.2	141.0	191.8
Adjusted operating result margin 1	31.2  %	22.3  %	30.0  %
Net earnings	380.4	90.9	173.1
Adjusted net earnings 1	183.0	100.3	178.9

¹ Adjusted figures are non-IFRS performance measures (previously referred to as "normalized"). Refer to Annex 3 for a reconciliation of non-IFRS performance measures.