ASM Targets Revenue of More Than €5.7 Billion by 2030 Under Previous Plan
Key Facts
ASM International is scheduled to publish its third-quarter 2026 results at around 6:00 p.m. Central European Time on October 27, according to a date announced by the company via GlobeNewswire. The announcement comes as investors track the performance of the company, which operates in semiconductor manufacturing equipment and wafer processing solutions. In July, ASM forecast third-quarter revenue of about €1.1 billion, with a margin of plus or minus 5% at constant exchange rates. It also forecast at the time that second-half revenue would rise by more than 20% compared with the first half of the year, on a constant-currency basis. That previous guidance provides a benchmark for comparing the results due this evening.
July's guidance reflected the company's expectation of improved revenue in the second half, with third-quarter revenue set within a range around €1.1 billion. ASM linked that forecast to a more than 20% increase in second-half revenue compared with the first half, without the published statement providing further details on the drivers of that growth. The comparison matters when assessing quarterly results, putting the company's earlier estimate alongside the actual figure when it is released. The annual figure cited in an earlier draft, and the claim that a 2030 target was achieved early, are not supported by the facts available here as new guidance. The €5.7 billion target remains tied to the company's announced 2030 plan.
The CEO said at the 2025 Investor Day that ASM expected revenue to exceed €5.7 billion by 2030, with a compound annual growth rate of at least 12%. The target is a medium-term framework for the company's plan, not a forecast for 2027 revenue in the facts available. The 2030 date therefore remains central to the target set out by management that day. ASM describes itself as a designer and manufacturer of equipment and process solutions used to produce semiconductor devices and process wafers. This activity places the company within the industrial supply chain that provides equipment used in chip manufacturing.
Ahead of the results, ASMIY shares closed at $784.32 on October 26, according to EL7 data. That close was recorded the day before the results announcement scheduled for October 27, and does not include a figure for the share's movement after the disclosure. ASM scheduled its results conference and webcast for October 28 at 3:00 p.m. Central European Time. The conference is set for the day after the results are published, allowing management to present them at a meeting dedicated to investors. Observers are awaiting details of the figures and guidance when the company issues its statement and holds the conference.