ASML upbeat on 2012 second half
Wednesday 18 July 2012
Veldhoven-based chip machinery maker ASML booked turnover and net profit slightly up on analysts' forecasts in the second quarter of the year.
Group sales amounted to €1.2bn while net profit reached €292m, the company said on Wednesday.
ASML did not publish any further information about the €3bn investment by US giant Intel, which will finance crucial research into the next generation of chips.
‘We executed H1 2012 as planned and expect sales to remain steady in the second half,’ chief executive Eric Meurice said in a statement.
Chief financial officer, Peter Wennink, added '2013 doesn't look bad', news agency Reuters reported.