ASML reports €28.3 billion total net sales and €7.6 billion net income in 2024

Core Insights - ASML reported total net sales of €28.3 billion and net income of €7.6 billion for the year 2024, with expectations for 2025 total net sales to be between €30 billion and €35 billion [1][4][5] Financial Performance - Q4 2024 total net sales reached €9.3 billion, with a gross margin of 51.7% and net income of €2.7 billion [4][5] - For the full year 2024, gross margin was 51.3% and net income was €7.6 billion [4][5] - Q4 2024 net bookings amounted to €7.1 billion, including €3.0 billion from EUV systems [4][5] - The company expects Q1 2025 total net sales to be between €7.5 billion and €8.0 billion, with a gross margin between 52% and 53% [6] Sales and Bookings - Total net sales for FY 2024 were €28.3 billion, compared to €27.6 billion in FY 2023 [2][4] - Installed Base Management sales for FY 2024 were €6.5 billion, up from €5.6 billion in FY 2023 [2] - New lithography systems sold in FY 2024 totaled 380 units, down from 421 units in FY 2023 [2] Dividend and Share Buyback - ASML plans to declare a total dividend of €6.40 per ordinary share for 2024, a 4.9% increase from 2023 [8] - An interim dividend of €1.52 per ordinary share will be payable on February 19, 2025 [8] Industry Outlook - The growth in artificial intelligence is identified as a key driver for growth in the semiconductor industry, influencing market dynamics and creating both opportunities and risks [7]