AMSTERDAM (dpa-AFX) - Dutch semiconductor equipment maker ASML Holding N.V. (ASML) announced an improvement in fourth-quarter net income to 297.7 million euros, from 284.7 million euros, while earnings per share slid to 0.65 euros, from 0.68 euros a year ago.
Net sales in the recent quarter amounted to 1.02 billion euros, compared with 1.21 billion euros in the previous year.
The company said its quarterly and annual sales and profit came in as expected, making the year its second best ever. ASML attributed the high level of sales to the large 28-32 nanometer capacity investment made by the Foundry industry, while Memory capacity investments represented only 25 percent of total net sales, never really picking up, as its major driver, the PC business, shrunk compared to 2011.
Looking ahead to the first quarter of 2013, ASML projects net sales of about 850 million euros, gross margin of about 38 percent, R&D costs of 185 million euros.
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