ASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2018 RESULTS

Almere, The Netherlands
February 21, 2019, 6 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) today reports its fourth quarter 2018 operating results (unaudited) in accordance with IFRS.

FINANCIAL HIGHLIGHTS

EUR million	Q4 2017 (restated)		Q3 2018		Q4 2018
New orders	203.2		258.0		301.6
Net sales	181.5		195.7		254.7
Gross profit margin %	39.6	%	40.9	%	41.7	%
Operating result	26.0		28.0		46.2
Result from investments (excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013)	14.0		16.8		6.1
Amortization intangible assets (resulting from the sale of ASMPT stake in 2013)	(4.6	)	(3.1	)	(2.4	)
Result from sale of ASMPT shares	183.9		-		-
Net earnings	215.9		39.1		43.7
Normalized net earnings (excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013 and result from sale of ASMPT shares)	36.6		42.2		46.1

2017 results were restated for the effects of IFRS 15