(Reuters) – ASML collapses on the stock market on Tuesday at the end of the session, the group having mistakenly published its results for the third quarter in advance which show the group’s prudence for its revenues in 2025.
At 3:16 p.m. GMT, the stock lost 12.65%, trailing the Stoxx 600, which fell 0.59% at the same time.
“We expect our total net turnover to reach 30 to 35 billion euros, in the lower half of the range we gave during our 2022 investor day,” the president and CEO said in a statement. general director of ASML, Christophe Fouquet.
Net income reached 2.1 billion euros and turnover 7.5 billion euros in the third quarter, slightly above consensus.
However, ASML’s new reservations reached 2.6 billion euros, against a consensus counting on a figure between 4 and 6 billion euros.
The group explains that, while demand for artificial intelligence chips remains strong, demand in other segments “is taking longer to recover”.
“This should continue in 2025 and make customers cautious,” adds ASML.
A spokesperson for the group also declared that they were looking for an explanation for this unexpected publication of the results.
The rest of the technology sector declines under pressure from ASML: the sector declines by 5.3%, and ASM International by 10%.
(Written by Toby Sterling, Corentin Chappron, edited by Blandine Hénault and Augustin Turpin)
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