ASM International expects FY sales growth of 10%-20% despite tariff uncertainty


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

(Reuters) -Computer chip equipment maker ASM International (ASMI) said on Tuesday it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increased macroeconomic uncertainty from trade tensions, after reporting quarterly orders above last year's level.

The Dutch company expects sales to grow 10% to 20% for 2025. It posted first-quarter orders of 834.2 million euros ($950.99 million) compared to 697.9 million a year earlier, helped by the Chinese market.

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