Q4 2022 ASML Holding NV Earnings Interview with CEO (Pre-Recorded) Transcript

Jan 25, 2023 / NTS GMT
Unidentified Participant -

Mr. Wennink, can you give us a summary of the fourth quarter and full year results 2022?

Peter T. F. M. Wennink - ASML Holding N.V. - Chairman of the Management Board, President & CEO

Yes, let's start with the fourth quarter. Let's start with net sales. Net sales were -- came in about EUR 6.4 billion, which is at the midrange of our guidance. However, we were able to accelerate, what we call, fast shipments on deep UV also in Q4, which actually was quite a significant number because if you would add the fast shipments to the EUR 6.4 billion, then the normalized sales for Q4 would have been EUR 7.4 billion.

Now for the total year, EUR 21.2 billion in sales, of which about EUR 3.1 billion of fast shipments went into 2023. So the net effect of the fast shipments plus the revenue of EUR 21.2 billion would give you a normalized revenue, if you would have booked the fast shipments as revenue, of EUR 24 billion, which is quite a significant increase as compared to last year. So that's on the system -- that's on the total sales.

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