Interim report
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PRESS RELEASE Almere , The Netherlands April 20 , 2021 , 6 p.m. CET ASM INTERNATIONAL N.V. REPORTS FIRST QUARTER 2021 RESULTS ASM International N.V. ( Euronext Amsterdam : ASM ) today reports its first quarter 2021 operating results ( unaudited ) in accordance with IFRS . Continued strong logic / foundry demand fuels record quarterly orders . FINANCIAL HIGHLIGHTS EUR million New orders Revenue Gross profit margin % Operating result Result from investments ( excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013 ) Amortization intangible assets ( resulting from the sale of ASMPT stake in 2013 ) Net earnings Normalized net earnings ( excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013 ) ● ● ASM INTERNATIONAL ● Q1 2020 333.5 325.1 44.5 % 78.1 0.7 ( 3.5 ) 74.1 77.6 Q4 2020 378.7 346.6 45.2 % 77.5 27.1 ( 3.0 ) 79.1 82.1 Q1 2021 410.6 394.0 49.5 % 124.5 13.9 ( 3.0 ) 122.5 125.5 New orders at € 411 million were 8 % above the level of last quarter . Revenue for the first quarter 2021 was € 394 million and increased 14 % compared to the previous quarter due to strong market demand . Gross profit margin was 49.5 % in Q1 2021 compared to 45.2 % in the previous quarter , mainly due to favorable mix . Operating result was € 125 million compared to € 78 million in the previous quarter . Normalized net earnings for the first quarter 2021 were € 125 million , € 43 million higher compared to Q4 2020 . 1 of 3