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Home > News > Company News > EUV propels ASML to 25% growth

EUV propels ASML to 25% growth

  • Author:Ella Cai
  • Release on:2017-07-21
With an order back-log of 27 EUV machines valued at $2.8 billion, ASML is looking at a 25% jump in sales this year.

“This is driven by sales to memory customers, expected to grow about 50% from last year especially driven by DRAM, and sales to logic customers that are expected to grow about 15%,” says ASML CEO Peter Wennink (pictured). 

Q2 sales were €2.10 billion with a gross margin of 45%. ASML expects Q3 2017 sales of around €2.2 billion and a gross margin of around 43%. 

“Our DUV sales are expected to grow off a strong base in 2016, adds Wennink, “our EUV backlog, which grew to 2.8 billion euros in the second quarter, indicated that preparation for high-volume manufacturing is well underway in both logic and DRAM. Our Holistic Lithography sales are expected to grow about 50% from last year. Installed Base Management sales, finally, are expected to grow about 20% this year, driven by our performance upgrades business.” 

Q2 saw new orders for eight EUV machines.