Slide 1: ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024
ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024 ASML continues to expect 2024 total net sales to be similar to 2023, supported by a strong second half year ASML 2024 Second-Quarter results Veldhoven, the Netherlands July 17, 2024 Public
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements July 17, 2024 Page 2 Public
Slide 3: Investor key messages
Investor key messages July 17, 2024 Page 3 Public
Slide 4: Investor key messages
Investor key messages • Global megatrends in the electronics industry, supported by a highly profitable and fiercely innovative ecosystem, are expected to continue to fuel growth across the semiconductor market • Growth in semiconductor end markets and increasing lithography intensity are driving de
Slide 5: Business summary
Business summary July 17, 2024 Page 5 Public
Slide 6: Q2 results summary
Q2 results summary • Total net sales of €6.2 billion, net system sales of €4.8 billion, Installed Base Management1 sales of €1.5 billion • Gross margin of 51.5% • Operating margin2 of 29.4% • Net income as a percentage of total net sales of 25.3% • Earnings per share (basic) of €4.01 • Net bookings3
Slide 7: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Q2’24 Net system sales €4,761 million Q1’24 Net system sales €3,966 million July 17, 2024 Page 7 Public
Slide 8: Total net sales € million by End-use
Total net sales € million by End-use Installed Base Management1 Logic Memory 1 Installed Base Management equals our net service and field option sales July 17, 2024 Page 8 Public
Slide 9: Net systems bookings activity by End-use
Net systems bookings1 activity by End-use Q2’24 net system bookings €5,567 million Q1’24 net system bookings €3,611 million 1 Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted. July 17, 2024 Page 9 Public
Slide 10: Capital return to shareholders
Capital return to shareholders • In Q2, ASML paid a final dividend of €1.75 per ordinary share. Together with the interim dividend paid in 2023 and 2024, this resulted in a total dividend for 2023 of €6.10 per ordinary share • The first quarterly interim dividend over 2024 will be €1.52 per ordinary
Slide 11: Outlook
Outlook July 17, 2024 Page 11 Public
Slide 12: Outlook
Outlook Q3 • Total net sales between €6.7 billion and €7.3 billion, including ◦ Installed Base Management1 sales of around €1.4 billion • Gross margin between 50% and 51% • R&D costs of around €1,100 million • SG&A costs of around €295 million 2024 • Similar total net sales with a slightly lower gro
Slide 13: Financial Statements
Financial Statements July 17, 2024 Page 13 Public
Slide 14: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Total net sales 6,902 6,673 7,237 5,290 6,243 Gross profit 3,544 3,462 3,717 2,697 3,212 Gross margin % 51.3 51.9 51.4 51.0 51.5 R&D costs (1,000) (992) (1,041) (1,032) (1,101) SG&A costs (281)
Slide 15: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Cash and cash equivalents, beginning of period 6,648 6,341 4,976 7,005 5,101 Net cash provided by (used in) operating activities 385 1,128 3,197 (252) 924 Net cash provided by (used in) investi
Slide 16: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter End Assets Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Cash & cash equivalents and short-term investments 6,346 4,981 7,010 5,406 5,019 Net accounts receivable and finance receivables 5,686 5,682 5,774 5,041 5,517 Contract assets 193 267 240 303 435 Inventor
Slide 17: Forward looking statements
Forward looking statements This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to plans, strategies, expected trends, including trends in the semiconductor
Slide 18: Public
Public