ASML beats expectations with increased order intake

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ASML beats expectations with increased order intake
Photo: Peter Dejong/AP/TT

Semiconductor giant ASML, Europe's most valuable listed company, reports increased order intake that beat expectations.

Dutch ASML, which manufactures machines used to make semiconductors, made a profit after tax of 2.84 billion euros for the fourth quarter, 34 percent higher than in the third quarter.

Order intake rose to 13.16 billion euros, compared with 5.4 billion in the previous quarter. Analysts' expectations were 6.85 billion euros.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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