ASML releases second quarter financial report for 2023: net sales of 6.9 billion euros and net profit of 1.9 billion euros

Fildehoven, the Netherlands, July 19, 2023 - ASML (ASML) today released its second quarter 2023 financial report. In the second quarter of 2023, ASML achieved net sales of 6.9 billion euros, a gross profit margin of 51.3%, and a net profit of 1.9 billion euros. The value of new orders in the second quarter of this year was 4.5 billion euros, of which 1.6 billion euros were orders for EUV lithography machines. ASML expects net sales in the third quarter of 2023 to be between 6.5 billion and 7 billion euros, with a gross profit margin of around 50%. Compared with 2022, ASML's net sales growth this year is expected to reach 30%.

ASML President and CEO Peter Wennink said: "Our net sales in the second quarter were 6.9 billion euros, at the high end of the forecast revenue range; gross profit margin was 51.3%, exceeding the expected target. This was mainly due to the infiltration in this quarter Excess revenue of DUV lithography machines.”

"Currently, customers from different market segments are more cautious due to the uncertainty of the macroeconomic environment, so the recovery of relevant markets is also expected to lag, and the recovery trend is still unclear. However, undelivered goods of up to approximately 38 billion euros The order book provides us with a good foundation to deal with short-term market uncertainty."

In addition, Peter Wennink also said: "ASML expects net sales in the third quarter of 2023 to be 6.5 billion to 7 billion euros, with a gross profit margin of approximately 50%. R&D costs are expected to be approximately 1 billion euros, and sales and administrative expenses are approximately 285 million euros." . Despite facing more significant uncertainties, ASML is expected to still achieve a 30% net sales growth rate in 2023 with the considerable revenue brought by DUV, and its gross profit margin will also be slightly higher. There is improvement.”

ASML said it will pay an interim dividend of 1.45 euros per ordinary share on August 10, 2023.

ASML repurchased approximately €500 million worth of shares in the second quarter under its current 2022 to 2025 share buyback plan.