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ASML: net profit down slightly in 2024

(CercleFinance.com) - ASML reports a 3.
4% drop in net income to E7.57bn, or E19.25 per share, with a stable gross margin of 51.3% on sales up 2.5% to almost E28.3bn.

Our Q4 was a record one, with sales of E9.3bn and a gross margin of 51.7%, both above our targets, says Christophe Fouquet, the semiconductor equipment supplier's CEO.

The Dutch group is targeting sales of E7.5bn to E8bn and a gross margin of 52% to 53% for Q1 2025, as well as target ranges of 30%-35% and 51%-53% respectively for the full year.

ASML intends to declare a dividend per share that is up 4.9% at E6.40 for 2024: taking into account interim dividends already paid, it will pay E1.52 to its shareholders from 19 February, and will propose the balance of E1.84 at its AGM.


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