ad

ASML records 113,000 euros profit per employee and enters global top three

ASML records 113,000 euros profit per employee and enters global top three

ASML has achieved record financial results with a quarterly profit of nearly 5 billion euros, driven by massive global demand for its chip manufacturing machines. The company has reached a 42 percent profit margin, placing it among the world's most profitable firms alongside Nvidia and TSMC.

Dutch chip machine manufacturer ASML has reached a new financial milestone, reporting a record quarterly net profit of nearly 5 billion euros and a total revenue of 11.7 billion euros. With a profit margin of 42 percent, the company now generates approximately 113,000 euros in net profit per employee. These figures place ASML in the global top three for profitability, trailing only Nvidia and TSMC. The company is struggling to keep up with intense demand, as customers are already placing orders extending into 2029 and 2030, prompting management to evaluate further production capacity increases for 2028.

To reward its approximately 44,000 employees for these stellar results, the company announced an equity package worth 20,000 euros per person, which will be fully vested after three years. While ASML plans to expand its facilities, including a new campus in Eindhoven, CEO Christophe Fouquet expects that even future capacity may fall short of total market demand. Following these positive reports and favorable forecasts for 2026, the company's stock price saw an immediate increase of 2.7 percent on the exchange.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

Related articles

Gall & Gall and Etos websites back online, apps remain unreachable

Gall & Gall and Etos websites back online, apps remain unreachable

The websites for Gall & Gall, Etos, and Albert Heijn are back online following a recent cybersecurity incident at Ahold Delhaize, though some app features and delivery services remain restricted. While the investigation into the cause is ongoing, the company has confirmed no current evidence of data theft and normal supply chain operations have resumed.

Number of cybersecurity companies more than quadrupled in five years

Number of cybersecurity companies more than quadrupled in five years

The number of registered cybersecurity companies in the Netherlands has quadrupled since 2021, reaching 962 by October 2024. This rapid growth is driven by increasing cyber threats and regulatory changes, highlighting the ongoing challenge for organizations to protect their digital systems.

Albert Heijn site and app back online, grocery deliveries resume Friday

Albert Heijn site and app back online, grocery deliveries resume Friday

Albert Heijn has restored its website and app following a cyberattack that caused a week-long outage across Ahold Delhaize platforms. Customers can access account features immediately, while the ability to place new grocery orders will resume this Friday.

Stellantis to hire hundreds of additional engineers in coming years

Stellantis to hire hundreds of additional engineers in coming years

Stellantis plans to hire hundreds of new engineers as part of a multi-billion euro investment strategy running through 2030. While the company aims for growth, it is also being sued by several organizations over claims that it installed illegal emission-cheating software in Fiat camper vans.

The insane week at Albert Heijn: ‘We grabbed things at random and sent them to stores’

The insane week at Albert Heijn: ‘We grabbed things at random and sent them to stores’

Dutch supermarket chain Albert Heijn recently experienced a significant cyber incident that forced them to take many internal systems offline. The disruption impacted both warehouse operations and retail staff, who faced logistical challenges and increased stress while managing store supplies without standard digital tools.