ASM International NV (ASMI.AS)
15 Oct 2018
MILAN/LONDON European shares held steady on Friday at the end of a strong week as a rally in commodities softened, although strong earnings updates boosted shares in Ericsson and Telia .
* Results lift Telia; Reckitt falls (Adds detail, updates prices at close)
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.
* Q1 NET EARNINGS EUR 15.0 MILLION VERSUS EUR 40.4 MILLION YEAR AGO