AMSTERDAM, July 16 ASML, the world's
biggest manufacturer of tools for semiconductor chip makers,
exceeded analyst sales and profit expectations in the second
quarter, but forecast full-year sales that fell short of
consensus as customers delayed purchases.
The company on Thursday said it achieved net sales of 1.644
billion euros in the second quarter, above the 1.607 billion
euros forecast on average by analysts polled by Reuters. Gross
profit at 752 million euros was above the 715 million euros
But ASML said it expected full year sales of 5.6 billion,
below the 6.1 billion analysts had been expecting, as customers
delayed their purchases into 2015.
"As we discussed last quarter, some customers continue to
evaluate the timing of their deliveries to synchronise supply
and demand, leading to an adjustment of the fourth quarter
shipment forecast," said chief executive Peter Wennink in a
ASML supplies most of the world's major chip manufacturers,
including Samsung Electronics Co. Ltd, Intel Corp
and Taiwan Semiconductor Manufacturing Co Ltd (TSMC)
, and acts as a leading indicator of their fortunes.
(Reporting By Thomas Escritt; Editing by Anupama Dwivedi)