Q2 results round-up: ASML, NXP, Philips, Signify and others

Listed Dutch high tech companies reported mixed results in the second quarter. Customers of Besi and NXP, spooked by the trade disputes and other uncertainties in the global economy, are cautious. Signify is facing headwinds too, though it still expects to grow sales this year. For ASML, revenue growth has become the norm, but this year growth for the full year all comes down on the final quarter. Philips is doing well, but ASM International is the star of the show. Here’s a quick round-up of the second quarter results:

ASMI sales to record level

Excluding a 103 million euro patent settlement, ASM International’s Q2 sales climbed to 260 million euros, a 25 percent year-on-year increase and an all-time record. At 270 million euros the order intake was strong as well, showing the company is still defying the current cold spell in the wafer fab equipment market.