ASMi: adjusted net income more than doubles in Q4

(CercleFinance.com) - ASM International reports adjusted net income of 231.
5 million euros for the fourth quarter of 2024, compared with 100.3 million a year earlier, with an adjusted operating margin improved by almost six points to 28.1%.

The Dutch semiconductor equipment supplier reported sales of 809 million euros, up 27% at constant exchange rates, while new orders rose by 8% to 731.4 million.

ASMi will propose a dividend increase to three euros per share for 2024, as well as a share buyback program worth 150 million euros to be carried out over 2025-26. For the current quarter, it anticipates sales of between 810 and 850 million.

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