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ASM International NV (ASMI.AS)

ASMI.AS on Amsterdam Stock Exchange

39.93EUR
15 Oct 2018
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Fri, Apr 20 2018

Silicon wafer firm ASMI's profit, shares hit by new product costs

AMSTERDAM, April 20 Dutch silicon wafer equipment maker ASM International reported a sharp drop in profitability in the first quarter as it spent more on hiring staff in anticipation of demand for new products, knocking its shares to a seven-month low.

BRIEF-ASM International Q1 Net Earnings Decrease to 15.0 Million Euros

* Q1 NET EARNINGS EUR 15.0 MILLION VERSUS EUR 40.4 MILLION YEAR AGO

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