PRESS RELEASE: ASMI: Asm International Reports Second Quarter 2009 Operating Results
July 29 2009 - 12:30PM
Dow Jones News
ALMERE, THE NETHERLANDS, July 29, 2009 - ASM International N.V.
(NASDAQ: ASMI and Euronext Amsterdam: ASM) reports today its second
quarter 2009 (unaudited) operating results in accordance with US
GAAP.
* Second quarter of 2009 net sales of EUR 119.5 million, up 34%
from the first quarter of 2009 and down 43% from the second quarter
of 2008. Front-end sales were down 40%, Back-end sales were up
112%;
* Restructuring expenses of EUR 15.4 million were incurred and an
inventory impairment charge of EUR 20.6 million was recognized in
the second quarter of 2009;
* Net loss (allocated to the shareholders of the parent) of the
second quarter of 2009 was EUR 55.7 million, or EUR 1.08 diluted
net loss per share, as compared to net loss of EUR 23.3 million, or
EUR 0.45 diluted net loss per share for the first quarter of 2009
and net earnings of EUR 9.6 million or EUR 0.18 diluted net
earnings per share for the second quarter of 2008;
* Bookings in the second quarter of 2009 were EUR 155.8 million,
up 85% from the first quarter of 2009. Bookings from our Front-end
segment were down 36% and bookings from our Back-end segment were
up 167%. Quarter-end backlog was EUR 122.4 million, up 42% from the
end of the previous quarter.
Investor Contacts:
Erik Kamerbeek
Investor Relations
+31 88 100 8500
Mary Jo Dieckhaus
Investor Relations
+1 212-986-290
Media Contact:
Ian Bickerton
+31 625 018 512
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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