Record-Breaking Revenue
ASM reported a quarterly revenue high of EUR 779 million, which is a 26% increase at constant currencies compared to the third quarter of the previous year.
Strong Growth in Spares and Services
Spares and service sales grew by 45% year-on-year at constant currencies, driven by stronger-than-expected demand from China.
Significant Increase in Memory Sales
Memory sales grew significantly, particularly in high-banded DRAM applications, following strong order intake in the previous quarter.
Strong Order Intake
New orders increased to EUR 815 million, up 30% year-on-year at constant currencies, with foundry being the largest segment.
One-off Gain Boosts Operating Profit Margin
Operating profit margin increased to 28.2% in Q3, up from 25.3% in the same period last year, due in part to a EUR 7 million gain from the divestment of a building in Singapore.
Positive Outlook for Gate-All-Around
Momentum in gate-all-around remains strong, with expectations for a substantial increase in sales in 2025.