ASMI: 4Q orders better than expected

January 16, 2004 – ASM International, Bilthoven, The Netherlands, said its order intake for 4Q03 was up 87% from 3Q to 245 million euros ($307.9 million), well exceeding analysts’ expectations and the highest level since the third quarter of 2000.

Significant gains were seen in both frontend and backend operations, according to the company, which had earlier predicted a sequential drop in both revenues and net results, but the news bodes well for the company in the first several quarters of 2004.

ASMI will release 4Q03 financials on February 24.


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