1Sem.·

ASML - Q1 - 2025 Earnings Highlights:

BamBamInvest · 2025-04-16T06:31:28.742690Z

$ASML $ASML Sales: € 7.74 billion (estimated € 7.75 billion) ❌ ; increase of +46% compared to the previous year, decrease of -16% compared to the previous quarter Gross margin: 54.0% (estimated 52.5%) ✅ Net bookings: € 3.94 bn (estimated € 4.82 bn) ❌ ; decrease by -44% QoQ, increase by +9% YoY Customs announcements have increased uncertainty. Q2'25 guidance: Sales: € 7. 2 bn - € 7.7 bn (estimate € 7.66 bn) 🟡 Gross margin: 50%-53% (estimated value: 52.3%) 🟡 Forecast for the 2025 financial year: Sales: € 30 billion - € 35 billion (estimated value: € 30.96 billion) ✅ Gross margin: 51%-53% (estimated value: 52.1%) 🟡 Segment and product commentary: EUV sales: increase of +8% QoQ; ASP at € 230 million. DUV sales: decline of -39% QoQ EUV system deliveries: 14; unchanged QoQ Logic sales: decline of -24 % QoQ Memory sales: weak; customer TSMC -5% QoQ China sales: down -19% QoQ; now 27% of total sales vs. 49% YoY Strategic and capital updates: Quarterly dividend increase: € 6.40/share (up +4.9% YoY) Comment from the CEO and CFO: "AI continues to be the most important growth driver in the industry." "Discussions with customers support our forecast that 2025 and 2026 will be growth years." "Despite weaker bookings this quarter, our long-term targets for 2025 and 2030 remain unchanged." Tariff & Macro Commentary: Tariffs could impact: 1. new system shipments to the U.S. 2. parts/tools for U.S. field ops 3. imports into U.S. manufacturing 4. exports from the U.S. to other countries Actively working to mitigate supply chain impacts from tariff uncertainty No change in FY25 revenue/gross margin guidance despite geopolitical risks

$ASML (+0,32 %)
$ASML (+0,34 %)

Sales: € 7.74 billion (estimated € 7.75 billion) ❌ ; increase of +46% compared to the previous year, decrease of -16% compared to the previous quarter
Gross margin: 54.0% (estimated 52.5%) ✅
Net bookings: € 3.94 bn (estimated € 4.82 bn) ❌ ; decrease by -44% QoQ, increase by +9% YoY
Customs announcements have increased uncertainty.

Q2'25 guidance:

Sales: € 7. 2 bn - € 7.7 bn (estimate € 7.66 bn) 🟡
Gross margin: 50%-53% (estimated value: 52.3%) 🟡

Forecast for the 2025 financial year:

Sales: € 30 billion - € 35 billion (estimated value: € 30.96 billion) ✅
Gross margin: 51%-53% (estimated value: 52.1%) 🟡

Segment and product commentary:

EUV sales: increase of +8% QoQ; ASP at € 230 million.
DUV sales: decline of -39% QoQ
EUV system deliveries: 14; unchanged QoQ
Logic sales: decline of -24 % QoQ
Memory sales: weak; customer TSMC -5% QoQ
China sales: down -19% QoQ; now 27% of total sales vs. 49% YoY

Strategic and capital updates:

Quarterly dividend increase: € 6.40/share (up +4.9% YoY)

Comment from the CEO and CFO:

"AI continues to be the most important growth driver in the industry."
"Discussions with customers support our forecast that 2025 and 2026 will be growth years."
"Despite weaker bookings this quarter, our long-term targets for 2025 and 2030 remain unchanged."

Tariff & Macro Commentary:

Tariffs could impact:

1. new system shipments to the U.S.

2. parts/tools for U.S. field ops

3. imports into U.S. manufacturing

4. exports from the U.S. to other countries

Actively working to mitigate supply chain impacts from tariff uncertainty
No change in FY25 revenue/gross margin guidance despite geopolitical risks

9 Commentaires

Timur Keser@Timurkeser

1Sem.

Thank you for the enrichment, my dearest.

I think I'll get ASML from 520, I'll wait for the opening of the US stock exchanges.
Hopefully it will then fall again so that I can buy 😆

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BamBamInvest@BamBamInvest

1Sem.

@Timurkeser I'm happy to say that it's a very tough market and the news about $NVDA could push the opening US down again. Let's take a look at ✌️

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Olli@Olli68

1Sem.

@Timurkeser I would tend to avoid semiconductor stocks in the near future.

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Timur Keser@Timurkeser

1Sem.

@Olli68 Understandable, but I am investing for the long term and I am convinced by companies like ASML, NVIDIA & Co.
I think I will buy US Open, as the current prices are favorable in my opinion. are favorable prices in the long term.

Also with LVMH, which is why I bought yesterday.

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Olli@Olli68

1Sem.

@Timurkeser By the way, I would also avoid LVMH. ASML because of cyclicality, LVMH because of structural problems that they have had for more than 12 months. It may even take years.

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MatisseVerleye@MatisseVerleye

1Sem.

Where to find more intel about the stock split?

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BamBamInvest@BamBamInvest

1Sem.

@MatisseVerleye was false information, has not been officially confirmed.

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Lena135@Lena135

1Sem.

@KoenigsRasse

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Schrauber1113@GordenShanway

1Sem.

When ASML has finished the i-Line/NXT800b with "improved formula", ASML will attack more market position there again.

Nikon, among others, is currently attacking the market, but we are in the process of fixing this, production of the necessary parts is running at full speed.
The plan is 400WpH

The new EXE generators are good, but unfortunately customers are complaining that too many downtimes/software errors etc. are affecting production and customers are therefore reverting to the old generators.
Nikon, for example, cannot produce 2NM chips, but they are trying by producing "2-layer" with the i-Line series. This doesn't bring them close to the 2NM chips, but it does bring them closer.

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