SOURCE: ASM International NV

May 02, 2007 12:25 ET

ASM International Reports First Quarter 2007 Operating Results

BILTHOVEN, NETHERLANDS -- (MARKET WIRE) -- May 2, 2007 --

Please use the following link to view the entire release including financial statements: http://hugin.info/132090/R/1123564/207647.pdf

* Front-end achieved positive net earnings from continuing operations of
  EUR 1.2 million in the first quarter of 2007, compared to a net loss
  from continuing operations of EUR  6.3 million in the fourth quarter of
  2006;

* First quarter of 2007 net sales of EUR  210.1 million, down 6% from the
  fourth quarter of 2006 and up 2% from the first quarter of 2006;

* Net earnings of the first quarter of 2007 were EUR  11.2 million, or EUR
  0.20 diluted net earnings per share, as compared to net earnings from
  continuing operations of EUR  12.0 million, or EUR  0.22 diluted net
  earnings from continuing operations per share for the fourth quarter of
  2006 and net earnings from continuing operations of EUR  10.0 million or
  EUR 0.19 diluted net earnings from continuing operations per share for
  the first quarter of 2006;

* Bookings in the first quarter of 2007 were EUR  246.2 million, up 20%
  from the fourth quarter of 2006. Bookings from our Front-end segment were
  up 16% and bookings from our Back-end segment were up 25%. Quarter-end
  backlog was EUR  270.4 million, up 15% from the end of the previous
  quarter;

* In line with our commitment to build shareholder value, we intend to pay
  a cash dividend in 2007; subject to a discussion in the ASMI Annual
  General Meeting of Shareholders scheduled for May 22, 2007.
Please use the following link to view the entire release including financial statements: http://hugin.info/132090/R/1123564/207647.pdf

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information

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    Mary Jo Dieckhaus
    +1 212 986 29 00

    Erik Kamerbeek
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