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To: scott_jiminez who wrote (831)7/23/2001 1:32:55 PM
From: Return to Sender  Read Replies (1) | Respond to of 95632
 
ASM Int sees Q3 loss, full-year profit

AMSTERDAM, July 23 (Reuters) - Dutch semiconductor equipment maker ASM International NV (NasdaqNM:ASMI - news) said on Monday it expected a limited net loss in the third quarter of 2001 but added it was confident it would close the year with a clearly positive full-year net profit.

``At the same time we continue to strongly believe that our company will experience renewed growth as from the first quarter of 2002,'' the firm said in a statement.

Earlier on Monday, the company posted second-quarter net earnings of 9.3 million euros, down from 26.1 million in the year-ago period.

In June, it warned that second-quarter profits were expected to fall to between eight and 10 million euros as customers had requested delays in orders.

finance.yahoo.com

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