World News: 16:45 GMT Tuesday 14th January 2020. [ASM International NV via Globe Newswire via SPi World News]
ASM INTERNATIONAL ANNOUNCES Q4 2019 ORDERS SUBSTANTIALLY ABOVE GUIDANCE
Reflecting stronger than expected market conditions, order intake in Q4 2019 came in slightly above €370 million, substantially above the range of €290-310 million that ASMI guided for with the publication of the Q3 2019 results on October 30, 2019.
Based on preliminary numbers, sales in Q4 2019 slightly exceeded the high end of the guidance of €310-330 million.
Both Q4 orders and preliminary sales mentioned above as well as previous Q4 guidance do not include the earlier announced proceeds of US$61 million (approximately €56 million) related to the settlement of the arbitration proceeding with Kokusai Electric Corporation.
ASMI will report fourth quarter and full year 2019 financial results on February 25, 2020.
Globe Newswire: 16:45 GMT Tuesday 14th January 2020
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