Slide 1: ASML reports €4.0 billion net sales and €1.0 billion net income in Q2
Public ASML reports €4.0 billion net sales and €1.0 billion net income in Q2 Net sales now expected to grow by around 35% in 2021 ASML 2021 Second-Quarter Veldhoven, the Netherlands July 21, 2021
Slide 2: Agenda
Public Slide 2 July 21, 2021 Agenda • Investor key messages • Business summary • Outlook • Financial statements
Slide 3: Investor key messages
Public Slide 3 July 21, 2021 Investor key messages
Slide 4: Investor key messages
Investor key messages Public Slide 4 July 21, 2021 • Expanding end market applications, fueled by innovation from a highly profitable ecosystem, drive semiconductor demand across all markets • Shrink is a key industry driver supporting innovation and providing long term industry growth • Holistic Li
Slide 5: Business summary
Public Slide 5 July 21, 2021 Business summary
Slide 6: Q2 results summary
Q2 results summary Public Slide 6 July 21, 2021 • Net sales of €4.0 billion, net systems sales of €2.9 billion, Installed Base Management* sales of €1.1 billion • Gross margin of 50.9% • Operating margin of 30.8% • Net income as a percentage of net sales of 25.8% • Earnings per share (basic) of €2.5
Slide 7: EUV: shipped first NXE:3600D; Applications: shipped first YieldStar 1385
EUV: shipped first NXE:3600D Public Slide 7 July 21, 2021 ~15%-20% productivity improvement capability and around 30% improved overlay over the 3400C Applications: shipped first YieldStar 1385 improved accuracy and ~50% productivity improvement capability over the YieldStar 1375
Slide 8: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Public Slide 8 July 21, 2021 * Q2’21 total system sales €2,949 million Q1’21 total system sales €3,129 million * Q1.2021: Excluding EMEA region which represents negative 6% as we bought back two unused systems previously sold to a customer, which we counted for
Slide 9: Total net sales € million by End-use
Total net sales € million by End-use Public Slide 9 July 21, 2021 Installed Base Management Logic Memory As of January 1, 2018, ASML has adopted the new Revenue Recognition Standard (ASC 606) and Lease Standard (ASC 842). The comparative 2017 numbers presented above have not been adjusted to reflect
Slide 10: Litho systems bookings activity by End-use
Litho systems bookings activity by End-use Public Slide 10 July 21, 2021 Lithography systems Q2’21 total system value New Used €8,271 million Units 156 11 Lithography systems New Used Q1’21 total system value Units 110 10 €4,740 million Our systems net bookings include all system sales orders for wh
Slide 11: Capital return to shareholders
Capital return to shareholders Public Slide 11 July 21, 2021 • In Q2, ASML paid a final dividend of €1.55 per ordinary share or €639 million. Together with the interim dividend paid in 2020, this results in a total dividend for 2020 of €2.75 per ordinary share • A new share buyback program of up to
Slide 12: Outlook
Public Slide 12 July 21, 2021 Outlook
Slide 13: Outlook
Outlook Public Slide 13 July 21, 2021 Q3 • Net sales between €5.2 billion and €5.4 billion, including ◦ Installed Base Management sales of around €1.0 billion • Gross margin between 51% and 52% • R&D costs of around €645 million • SG&A costs of around €180 million 2021 • Strong demand across markets
Slide 14: Financial statements
Public Slide 14 July 21, 2021 Financial statements
Slide 15: Consolidated statements of operations € million
Consolidated statements of operations € million Public Slide 15 July 21, 2021 Quarter on Quarter Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Net sales 3,326 3,958 4,254 4,364 4,020 Gross profit 1,603 1,881 2,212 2,352 2,045 Gross margin % 48.2 47.5 52.0 53.9 50.9 R&D costs (567) (534) (556) (623) (634)
Slide 16: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Public Slide 16 July 21, 2021 Quarter on Quarter Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Cash and cash equivalents, beginning of period 2,724 3,499 3,532 6,049 3,244 Net cash provided by (used in) operating activities 372 191 4,670 (942) 3,569 Net cash
Slide 17: Consolidated balance sheets € million
Consolidated balance sheets € million Public Slide 17 July 21, 2021 Quarter on Quarter Assets Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Cash & cash equivalents and short-term investments 4,440 4,408 7,352 4,656 5,374 Net accounts receivable and finance receivables 3,286 4,664 3,421 4,524 4,426 Contrac
Slide 18: Forward looking statements
Forward looking statements Public Slide 18 July 21, 2021 This document contains statements that are forward-looking, including statements with respect to expected trends, including trends in end markets and technology industry and business environment trends, outlook and expected financial results,
Slide 19: S ML
S ML