Record earnings for chip firm ASML

Chip machinery maker ASML booked record sales of €3.8bn in 2007, with net profit totalling €688, the company announced on Wednesday.

The results were better than analysts had expected. Nevertheless, gloomy prognoses from sector peer Intel depressed trading in semiconductor stocks. ASML’s share price fell some 7% in early trading.
ASML chairman Eric Meurice told reporters that the order books for the first three quarters of 2008 were well-filled. ‘The semiconductor sector was under pressure worldwide… but we succeeded in ending the year with record sales and earnings,’ he said.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation