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ASM International N.V. Report Third Quarter 2011 Operating Results

October 27, 2011 - Almere, Netherlands

ASM International N.V. (NASDAQ:ASMIand Euronext Amsterdam: ASM) reports today its third quarter 2011(unaudited) operating results in accordance with US GAAP.


* Net sales for the third quarter 2011 were EUR 376 million, a decrease
of 21% quarter-to-quarter and up 8% year-on-year. Excluding the
acquired SEAS business, net sales decreased 29% quarter-to-quarter. Net
sales of our Front-end segment decreased 14% quarter-to-quarter while
comparable Back-end sales decreased by 36%.

* Result from operations for Q3 were EUR 149 million and included a net
gain of EUR 98 million on the bargain purchase of the SEAS business.
Result from operations in Q2 2011 was EUR 104 million while the third
quarter of 2010 showed a profit of EUR 101 million. Result from
operations excluding this gain were EUR 51 million in Q3 2011;

* The Front-end segment's operating profit was EUR 13.5 million
compared to EUR 20.8 million quarter-to-quarter. Q3 2010 showed an
operating profit of EUR 4.9 million (including EUR 2.4 million
restructuring charges);
* The Back-end segment operating profit was EUR 37.8 million compared
to EUR 83.2 million quarter-to-quarter. The third quarter of 2010
showed an operating profit of EUR 96.5 million.

* Third quarter 2011 net earnings were EUR 81 million compared to net
earnings of EUR 50 million for the second quarter of 2011 and
EUR 34 million for the third quarter of 2010. The net earnings include
a gain from bargain purchase related to the acquired SEAS business of
EUR 51 million. Net earnings of the third quarter last year included
effects of the revaluation of the conversion option. Excluding this
revaluation net earnings were EUR 43 million.

* Book to bill in the third quarter was 0.8. For the Front-end the book
to bill was 0.9 and for the Back-end segment 0.8. The Backlog decreased
from Euro 436 million at the end of the second quarter to
EUR 397 million at the end of the third quarter.


Commenting on the results, Chuck del Prado, President and ChiefExecutiveOfficer of ASM International, said: "The third quarter revenues clearlyreflectthe current market uncertainty, which is driven by macro-economic andpoliticalfactors. The third quarter also showed for the sixth consecutivequarter adouble digit operating margin in Front-end. Although in Back-end marginscamedown, margins at the recently acquired surface mount technologybusiness, ASMAssembly Systems, have improved significantly in the last quarters".


Customer cautiousness in Q3, that led to low order intake especially inBack-end, will not improve in Q4. Combined with present backlog levels, weexpectthis will lead to lower sales for both Front- and Back-end operationsin thecurrent quarter.

Visibility remains low for the semiconductor and semiconductorequipmentindustries, making it difficult for both customers and suppliers toformulateplans for 2012. We are working closely with our customers tosynchronize ourproduction levels with their requirements for the next twelve months, butit istoo early in the planning process to comment beyond the current quarter.

About ASM International

ASM International N.V., headquartered in Almere, the Netherlands,and itssubsidiaries design and manufacture equipment and materials used toproducesemiconductor devices. ASM International and its subsidiaries provideproductionsolutions for wafer processing (Front-end segment) as well asassembly andpackaging (Back-end segment) through facilities in the United States,Europe,Japan and Asia. ASM International's common stock trades on NASDAQ (symbolASMI)and the Euronext Amsterdam Stock Exchange (symbol ASM). For moreinformation,visit ASMI's website at

Safe Harbor Statement under the U.S. Private Securities Litigation ReformAct of1995: All matters discussed in this statement, except for any historicaldata,are forward-looking statements. Forward-looking statements involverisks anduncertainties that could cause actual results to differ materially fromthose inthe forward-looking statements. These include, but are not limited to,economicconditions and trends in the semiconductor industry generally and thetiming ofthe industry cycles specifically, currency fluctuations, corporatetransactions,financing and liquidity matters, the success of restructurings, thetiming ofsignificant orders, market acceptance of new products, competitivefactors,litigation involving intellectual property, shareholder and otherissues,commercial and economic disruption due to natural disasters, terroristactivity,armed conflict or political instability, epidemics and other risksindicated inthe Company's filings from time to time with the U.S. Securities andExchangeCommission, including, but not limited to, the Company's reports on Form20-Fand Form 6-K. The Company assumes no obligation nor intends to update orreviseany forward-looking statements to reflect future developments orcircumstances.

ASM International will host an investor conference call and web cast onFriday,October 28, 2011 at 15:00 Continental European Time (9:00 a.m. - USEasternTime, 9:00 p.m. Hong Kong Time).

The teleconference dial-in numbers are as follows:

* United States: +1 646 254 3364

* International: + 44 (0)20 3450 9987

A simultaneous audio web cast will be accessible at

The teleconference will be available for replay, beginning one houraftercompletion of the live broadcast, through November 28, 2011.

The replay dial-in numbers are:

* United States: +1 347 366 9565

* International: + 44 (0)20 7111 1244

* Access Code: 2325484#


This announcement is distributed by Thomson Reuters on behalf ofThomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ASM International NV via Thomson Reuters ONE


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