By Jaime Llinares Taboada

 

ASML Holding NV said Wednesday that it can reach annual revenue of between 24 billion euro and 30 billion euro ($28.04 billion-$35.05 billion) with a gross margin of between 54% and 56% in 2025.

The Dutch maker of semiconductor equipment said that global trends in the electronics industry are expected to continue to fuel growth across the semiconductor market, which drives demand for its products and services. In 2020, it had revenue of EUR13.98 billion, with a gross margin of 48.6%.

The company said that it sees significant growth opportunities beyond 2025, and forecast its systems and Installed Base Management businesses to provide annual revenue growth of around 11% in 2020-2030.

In addition, ASML said that it expects to continue to return significant cash to shareholders through growing dividends and share buybacks.

The company is holding an investor meeting later on Wednesday.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

September 29, 2021 01:31 ET (05:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
ASML Holding NV (EU:ASML)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more ASML Holding NV Charts.
ASML Holding NV (EU:ASML)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more ASML Holding NV Charts.