ASML (ASML NA) - Q4 2025 (EUR): Sales 9.72bln (exp. 9.26bln, guided 9.2-9.8bln), Orders 13.2bln (exp. 6.95bln), guides Q1 2026 Revenue 8.2-8.9bln (exp. 8.11bln), guides FY26 sales 34-39bln (exp. 36.5bln); Announces up to EUR 12bln share buyback
ASML's Q4 2025 results exceeded expectations, with notable beats in both sales and gross profit, signaling solid demand, particularly in EUV and AI-related sectors.
Volvo (VOLVB SS) Q4 (SEK) EPS 4.73 (exp. 4.34), Sales 123.8bln (exp. 121.7bln), Op. Income 12.8bln (exp. 11.7bln); raises FY26 NA truck orders 265k (prev. guided 250k)
Standard Chartered forecasts copper prices in H1'26 at USD 12.96k compared with USD 11.47k in H2'26; USD softness and sharp moves in gold and silver has supported copper
ASML (ASML NA) - Q4 2025 (EUR): Sales 9.72bln (exp. 9.26bln, guided 9.2-9.8bln), Orders 13.2bln (exp. 6.95bln), guides Q1 2026 Revenue 8.2-8.9bln (exp. 8.11bln), guides FY26 sales 34-39bln (exp. 36.5bln); Announces up to EUR 12bln share buyback
Kazakhstan's Energy Minister says oil output decline will ensure the country remains within OPEC+ quotas, adds Kazakhstan's energy minister says, oil production in Kazakhstan declined around 900,000 tons after halts at Tengiz and Korolev
ECB's Cipollone says uncertainty may increase, hitting a recovery, and warned that global turbulence could hit the euro area, according to Bloomberg
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- Gross profit EUR 5.07bln (exp. 4.98bln).
- ASML intends to declare a total dividend for the year 2025 of EUR 7.50 per ordinary share, which is a 17% increase compared to 2024.
CEO:
- Expect 2026 to be another growth year for the Co., largely driven by a significant increase in EUV sales and growth in our installed-based business sales.
- Expect Q1'26 total net sales between EUR 8.2 -8.9bln (exp. 8.11bln), with a gross margin between 51% and 53%.
- For the FY26, expects total net sales to be between EUR 34-39bln (exp. 36.5bln), with a gross margin between 51% and 53% (exp. 52.9%).
- "In the last months, many of our customers have shared a notably more positive assessment of the medium-term market situation, primarily based on more robust expectations of the sustainability of AI-related demand. This is reflected in a marked step-up in their medium-term capacity plans and in our record order intake.
Their guidance for 2026 suggests continued growth, backed by strong order inflow and a significant share buyback, reflecting confidence in sustained demand. This release is likely to bolster sentiment in the semiconductor space and could attract positive attention from equities investors.
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