ALMERE, THE NETHERLANDS--(Marketwire - Jul 25, 2012) - ASM International N.V. (NASDAQ:
and Euronext Amsterdam: ASM) reports today its second quarter
operating results in accordance with US GAAP.
* Net sales for the second quarter 2012 were EUR 378 million, an increase
21% quarter-to-quarter and a decrease of 20% year-on-year. Net sales of
Front-end segment decreased 9% quarter-to-quarter while Back-end sales
increased by 35%.
* Result from operations for Q2 2012 was EUR 39 million. Result from
operations in Q1 2012 was EUR 22 million while the second quarter of
showed a profit of EUR 104 million.
* The Front-end segment's operating loss was EUR 1.9 million compared
profit of EUR 2.9 million quarter-to-quarter. Q2 2011 showed an
operating profit of EUR 20.8 million;
* The Back-end segment operating profit was EUR 40.5 compared to EUR
million quarter-to-quarter. Q2 2011 showed an operating profit of
* Second quarter 2012 net earnings were EUR 18 million compared to net
earnings of EUR 6 million for the first quarter of 2012 and EUR 50
for the second quarter of 2011, both Front-end (EUR 1 million) and
(EUR 17 million) showed positive net earnings.
* Book to bill in the second quarter was 1.1. For the Front-end the book
bill was 1.0 and for the Back-end segment 1.1. The Backlog increased
Euro 373 million at the end of the first quarter 2012 to EUR 439
the end of the second quarter 2012.
Commenting on the results, Chuck del Prado, President and Chief
Officer of ASM International, said: "Sales in Q2 are showing a
compared to Q1, this is driven by the Back-end operations. The sales
the Front-end operations is in line with our previous guidance.
improved both in the Front-end and Back-end. While total results in Q2
improvement as compared to Q1, Front-end efficiency issues were still
impacting the results. We expect that improvements will become visible
second half of the year."
For the current quarter we expect a sales increase in our Front-end
For our Back-end operations, based upon the actual backlog, a sound
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands,
subsidiaries design and manufacture equipment and materials used to
semiconductor devices. ASM International and its subsidiaries provide
solutions for wafer processing (Front-end segment) as well as
packaging (Back-end segment) through facilities in the United States,
Japan and Asia. ASM International's common stock trades on NASDAQ (symbol
and the Euronext Amsterdam Stock Exchange (symbol ASM). For more
visit ASMI's website at www.asm.com.
Safe Harbor Statement under the U.S. Private Securities Litigation Reform
1995: All matters discussed in this statement, except for any historical
are forward-looking statements. Forward-looking statements involve
uncertainties that could cause actual results to differ materially from
the forward-looking statements. These include, but are not limited to,
conditions and trends in the semiconductor industry generally and the
the industry cycles specifically, currency fluctuations, corporate
financing and liquidity matters, the success of restructurings, the
significant orders, market acceptance of new products, competitive
litigation involving intellectual property, shareholder and other
commercial and economic disruption due to natural disasters, terrorist
armed conflict or political instability, epidemics and other risks
the Company's filings from time to time with the U.S. Securities and
Commission, including, but not limited to, the Company's reports on Form
and Form 6-K. The Company assumes no obligation to update or revise any
forward-looking statements to reflect future developments or circumstances.
ASM International will host an investor conference call and web
Thursday, July 26, 2012 at 15:00 Continental European Time (9:00 a.m.
Eastern Time, 9:00 p.m. Hong Kong Time).
The teleconference dial-in numbers are as follows:
* United States: +1 646 254 3366
* International: + 44 (0)20 7136 2055
* Access Code: 7262456
A simultaneous audio web cast will be accessible at www.asm.com.
The teleconference will be available for replay, beginning one hour
completion of the live broadcast, through August 24, 2012.
The replay dial-in numbers are:
* United States: +1 347 366 9565
* International: + 44 (0)20 7111 1244
* Access Code: 7262456#
2012 Q2 Press release - Final - 25-07-12:
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Source: ASM International NV via Thomson Reuters ONE