ASML to be profitable in every quarter of 2004
Thursday January 15, 4:51 am ET
VELDHOVEN, Netherlands, Jan 15 (Reuters) - Dutch chip
equipment maker ASML (Amsterdam:ASML.AS - News) said on Thursday it would be
profitable in every quarter of this year.
"Given the prospects of a market recovery, yes, we will be
profitable every quarter this year," CEO Doug Dunn told a news
conference.
Dunn, who will retire by the end of 2004, also said ASML's
order backlog would rise sequentially in the first quarter and
it would achieve a gross margin of 35 percent some time this
year.
"In dollar terms (the backlog in Q1) will not be lower than
today, which is uncommon, because Q1 is usually a down quarter,"
he said. |
