ASML Holding NV (ASML) today confirms its view, first stated at the 2014 Investor Day, of an annual revenue opportunity of EUR 10 billion in 2020.
The operational leverage in our business model is expected
to lead to an opportunity in 2020 to increase the gross margin to around 50% and together with expected higher
sales to a rise in earnings per share to more than EUR 8. The planned acquisition of Hermes Microvision Inc. (HMI)
will provide additional opportunities for growth.
At ASML’s Investor Day today in New York City, executive management will lay out the key drivers, market opportunities and
operational priorities that are expected to enable the company’s continued growth and value creation.
The event starts at 09:00 Eastern Time (14:00 Central European Time) and will be webcast live.
About ASML
ASML is one of the world’s leading manufacturers of chip-making equipment. Our vision is to enable affordable microelectronics
that improve the quality of life. To achieve this, our mission is to invent, develop, manufacture and service advanced
technology for high-tech lithography, metrology and software solutions for the semiconductor industry. ASML's guiding
principle is continuing Moore's law towards ever smaller, cheaper, more powerful, and energy-efficient semiconductors.
This results in increasingly powerful and capable electronics that enable the world to progress within a multitude of
fields, including healthcare, technology, communications, energy, mobility, and entertainment. We are a multinational
company with over 70 locations in 16 countries, headquartered in Veldhoven, the Netherlands. We employ more than 15,500
people on payroll and flexible contracts (expressed in full-time equivalents). ASML is traded on Euronext Amsterdam and
NASDAQ under the symbol ASML. More information about ASML, our products and technology, and career opportunities is available
on www.asml.com.
Forward-looking statements
This document contains statements relating to certain projections and business trends that are forward-looking, including
statements with respect to annual revenue opportunity in 2020, expected opportunities for increases in gross margin,
expected higher sales, expected opportunities for an increase in EPS in 2020, the growth opportunities created by ASML’s
acquisition of HMI and the drivers, market opportunities and operational priorities that are expected to enable the ASML’s
growth and value creation. You can generally identify these statements by the use of words like "may", "will", "could",
"should", "project", "believe", "anticipate", "expect", "plan", "estimate", "forecast", "potential", "intend", "continue"
and variations of these words or comparable words. These statements are not historical facts, but rather are based on
current expectations, estimates, assumptions and projections about the business and our future financial results and
readers should not place undue reliance on them. Forward-looking statements do not guarantee future performance and involve
risks and uncertainties. These risks and uncertainties include, without limitation, economic conditions, product demand
and semiconductor equipment industry capacity, worldwide demand and manufacturing capacity utilization for semiconductors
(the principal product of our customer base), including the impact of general economic conditions on consumer confidence
and demand for our customers' products, competitive products and pricing, the impact of any manufacturing efficiencies
and capacity constraints, performance of our systems, the continuing success of technology advances and the related pace
of new product development and customer acceptance of new products including EUV, the number and timing of EUV systems
expected to be shipped and recognized in revenue, delays in EUV systems production and development, our ability to enforce
patents and protect intellectual property rights, the risk of intellectual property litigation, availability of raw materials
and critical manufacturing equipment, trade environment, changes in exchange rates, changes in tax rates, available cash
and liquidity, our ability to refinance our indebtedness, distributable reserves for dividend payments and share repurchases
and timing of resumption of the share repurchase plan, and other risks indicated in the risk factors included in ASML's
Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission. These forward-looking statements
are made only as of the date of this document. We do not undertake to update or revise the forward-looking statements,
whether as a result of new information, future events or otherwise.