ASM INTERNATIONAL REPORTS THIRD QUARTER 2009 OPERATING RESULTS
ALMERE, THE NETHERLANDS, October 29, 2009 - ASM International N.V. (NASDAQ: ASMI and Euronext Amsterdam: ASM) reports today its third quarter 2009 (unaudited) operating results in accordance with US GAAP.
Third quarter of 2009 net sales of EUR 180.2 million, up 51% from the second quarter of 2009 and down 5% from the third quarter of 2008. Front-end sales were up 37%, Back-end sales were up 55%;
Restructuring expenses of EUR 9.2 million were incurred and an inventory impairment charge of EUR 5.9 million was recognized in the third quarter of 2009;
Net loss (allocated to the shareholders of the parent) of the third quarter of 2009 was EUR 15.8 million, or EUR 0.31 diluted net loss per share, as compared to net loss of EUR 55.7 million, or EUR 1.08 diluted net loss per share for the second quarter of 2009 and net earnings of EUR 2.4 million or EUR 0.05 diluted net earnings per share for the third quarter of 2008;
Bookings in the third quarter of 2009 were EUR 204.5 million, up 31% from the second quarter of 2009. Bookings from our Front-end segment were up 98% and bookings from our Back-end segment were up 20%. Quarter-end backlog was EUR 146.6 million, up 20% from the end of the previous quarter.
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Mary Jo Dieckhaus
+31 625 018 5122009 29 Oct Q3 text2009 29 Oct Q3 Financials