AMSTERDAM--Semiconductor equipment maker ASML Holding NV (ASML)
said Wednesday that first-quarter net profit more than doubled as
it sold more systems, but cut its first-half guidance slightly to
reflect lower demand from some of its clients.
Net profit for the period rose to 249 million euros ($344
million) from EUR96 million in the first quarter of 2014.
Sales were up 57% to EUR1.397 billion, from EUR892 million in
the first quarter of 2013. The company sold 35 lithography systems
during the first three months of the year, up from 25 in the
year-ago period.
"We are pleased to report that our first-quarter sales came in
as expected, largely driven by memory customers," Chief Executive
Peter Wennink said. "Sales in the second quarter are however
expected to be affected by adjustments of system demand from some
logic customers," Mr. Wennink added.
For the first half of the year ASML now expects sales of around
EUR3 billion including sales from Extreme Ultraviolet (EUV)
systems, while it previously guided for around EUR3 billion
excluding EUV.
Write to Robin van Daalen at robin.vandaalen@wsj.com
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