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Share Name Share Symbol Market Type
ASML Holding NV EU:ASML Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -29.25 -6.14% 447.25 447.00 449.75 469.55 445.70 466.00 843,508 16:40:00

ASML Expects to Achieve EUR24 Billion-EUR30 Billion Revenue by 2025

29/09/2021 6:46am

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By Jaime Llinares Taboada


ASML Holding NV said Wednesday that it can reach annual revenue of between 24 billion euro and 30 billion euro ($28.04 billion-$35.05 billion) with a gross margin of between 54% and 56% in 2025.

The Dutch maker of semiconductor equipment said that global trends in the electronics industry are expected to continue to fuel growth across the semiconductor market, which drives demand for its products and services. In 2020, it had revenue of EUR13.98 billion, with a gross margin of 48.6%.

The company said that it sees significant growth opportunities beyond 2025, and forecast its systems and Installed Base Management businesses to provide annual revenue growth of around 11% in 2020-2030.

In addition, ASML said that it expects to continue to return significant cash to shareholders through growing dividends and share buybacks.

The company is holding an investor meeting later on Wednesday.


Write to Jaime Llinares Taboada at; @JaimeLlinaresT


(END) Dow Jones Newswires

September 29, 2021 01:31 ET (05:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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