ASM international lifts 2026 forecast on China sales rebound

ASM International expects revenue to rise over next few quarters on China sales rebound

ASM International Financial Outlook and Performance Highlights

March 3 - ASM International <ASMI.AS> said on Tuesday it expects first-quarter 2026 revenue to rise from the previous quarter to approximately 830 million euros ($962 million) and sees it increasing further over the rest of the year.

China Sales Rebound and Market Conditions

The world's second largest chip equipment maker cited an upward revision to its China sales forecast, confirming its signals from preliminary bookings that concerns about overcapacity in the world's largest chip market may ease faster than feared. 

Key Financial Announcements

• Share Buyback and Dividend

  ASMI announced a 150 million euros buyback programme for the 2026-2027 period and a dividend for 2025 of 3.25 euros per share. 

• Quarterly Revenue Performance

  Fourth-quarter revenue came in at 698 million euros, exceeding previous guidance of 630 to 660 million euros. 

• Annual Revenue and Profit Margin

  Annual revenue increased to a record 3.2 billion euros in 2025, the company said.  Its gross profit margin increased to a record 51.8% in 2025, supported by solid sales in the Chinese market.

• AI-Related Business Outlook

  ASMI said it expected AI-related products to be its strongest business as customers continue to ramp up investment.

Additional Information

($1 = 0.8626 euros)

(Reporting by Leo Marchandon in Gdansk; editing by Matt Schuffham and Susan Fenton)