Dutch tech company ASML posts record profits

Jan 19, 2011

Dutch company ASML, a key global supplier of computer chip-making systems, said Wednesday it posted record sales and profits in 2010 as orders picked up.

It said its net profit came in at 1.02 billion euros ($1.34 billion) after a net loss of 151 million euros in 2009, with sales nearly tripling to 4.51 billion euros.

"Sales, profits and orders all hit record levels" in 2010, ASML executive director Eric Meurice said in a statement.

For the three months to December, the company also put in a record performance, with a of 407 million euros more than eight times the year-earlier level as sales rose more than three times to 1.52 billion euros.

Fourth quarter new orders came to 117 worth 2.31 billion euros, up from 60 orders in the three months to September.

At end-2010, the order book was worth 3.86 billion euros, it said.

Meurice said sales this year could come in at more than 5.0 billion euros.

The company has about 7,100 employees in 16 countries. It claims to be the world's leading provider of lithography systems for the , manufacturing machines for the production of or chips.

Explore further: China investigating Microsoft in monopoly case

add to favorites email to friend print save as pdf

Related Stories

Dutch semiconductor tech company ASML reports profit

Apr 14, 2010

Dutch company ASML, a key supplier of computer chip-making systems, said Wednesday it had turned last year's losses into a 107-million-euro first quarter net profit, predicting record 2010 sales.

ASML announces 151 mln euro net loss for 2009

Jan 20, 2010

Dutch company ASML, a key supplier of computer chip-making systems, reported a 151-million-euro (214-million-dollar) net loss for 2009 despite making a 50-million-euro fourth quarter net profit.

'Collapse' in semiconductor demand hits ASML

Jul 15, 2009

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

ASML returns to profit in third quarter, orders up

Oct 14, 2009

(AP) -- ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased ...

'Collapse' in semiconductor demand hits ASML

Apr 15, 2009

Dutch computer chip equipment maker ASML on Wednesday announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

Recommended for you

Why let your sales force influence product prices?

1 hour ago

From the outside, you might not notice the ongoing tension within many large businesses: the battle between salespeople, on the one hand, and marketers and product managers, on the other. Because the salespeople ...

User comments : 0