ASML nears billion-Euro quarter

ASML Holding has announced 2006 second quarter results with net sales of Eur 942 million.

ASML Holding has announced 2006 second quarter results according to US GAAP.

Net sales were Eur 942 million versus Q1 2006 at Eur 629 million, operating profit was Eur 238 million or 25.2% of sales versus Q1 2006 at Eur 114 million or 18.2% of sales, net profit was Eur 167 million or 17.7% of sales versus Q1 2006 at Eur 80 million or 12.7% of sales, and cash generation from operations was Eur 330 million, of which Eur 253 million was used for share buyback programme.

Net bookings were valued at Eur 1,083 million with 93 systems including 78 new and 15 refurbished systems versus Q1 2006 net bookings of 62 systems including 47 new and 15 refurbished systems.

"ASML continued its strong execution in Q2 2006, marking a record quarter for sales and profit, while bookings grew 50% above Q1 level", said Eric MEurice, President and CEO.

"We further increased our te