Elettronica
ASM INTERNATIONAL N.V. REPORT FOURTH QUARTER 2011 AND FULL YEAR 2011 OPERATING RESULTS
- March 6, 2012 - ASM International N.V. (NASDAQ: ASMI and Euronext Amsterdam: ASM) reports today its fourth quarter 2011 and full year 2011 (unaudited) operating results in accordance with US GAAP.
Commenting on the results, Chuck del Prado, President and Chief Executive Officer of ASM International, said: "2011 was an important year for ASMI. In the Front-end segment we made strong inroads especially with our (PE) ALD technology, leading amongst others to an overall sales increase of 55% year on year. In Front-end both sales and operating profit reached record levels in 2011. In the Back-end segment we successfully integrated the AS business which we acquired from Siemens. In the second half of the year we especially saw in the Back-end segment a worsening of the business climate. Despite this we view that our company is well positioned for any upturn in the market. We will start a share buy-back program (up to 2 million common shares) to cover our outstanding personnel options and we will propose to the forthcoming AGM to increase the dividend from EUR 0.40 cent to EUR 0.50 cent per common share".
Overall for the current quarter we foresee in our Back-end segment an order intake improvement for assembly equipment (excl. AS-products) and lead frames, while for our Front-end segment a lower order intake is foreseen. Combined with present backlog levels, we expect that this will lead to lower sales for both Front-end and Back-end operations in the current quarter. Beyond Q1 we expect improvements in both Front-end and Back-end.
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and materials used to produce semiconductor devices. ASM International and its subsidiaries provide production solutions for wafer processing (Front-end segment) as well as assembly and packaging (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's website at www.asm.com.
ASM International will host an investor conference call and web cast on Wednesday, March 7, 2012 at 15:00 Continental European Time (9:00 a.m. - US Eastern Time, 10:00 p.m. Hong Kong Time).
The teleconference dial-in numbers are as follows:
A simultaneous audio web cast will be accessible at www.asm.com .
The teleconference will be available for replay, beginning one hour after completion of the live broadcast, through April 5, 2012.
The replay dial-in numbers are:
Erik Kamerbeek
+31 88 100 8500
Erik.Kamerbeek@asm.com
Mary Jo Dieckhaus
+1 212 986 2900
MaryJo.Dieckhaus@asm.com
Ian Bickerton
+31 20 6855 955
+31 62501 8512
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