Asm International Nv

Good afternoon. This is the Coral School Conference operator. Welcome and thank you for joining the ASM International first quarter 2023 earnings call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Victor Barreño, Investor Relations. Please go ahead, sir.

Thank you. Welcome, everyone. I'm joined here today by our CEO, Benjamin Lowe, and our CFO, Paul Verhagen. ASM issued its fourth quarter 2023 results yesterday evening at 6 p.m. Central European Time. For those of you who have not yet seen the press release, it is available on our website, asm.com, together with our latest investor presentation as always we remind you that this conference call may contain information related to asm future business and results in addition to historical information for more information on the risk factors related to such forward-looking statements please refer to our company's press releases reports and financial statements which are available on our website Please note that the profitability measures mentioned in this call will be primarily based on normalized non-IFRS figures. For reported IFRS results, please refer to the quarterly results press release. And with that, I'll turn the call over to Benjamin.

Thank you, Victor. And thanks to everyone for attending our fourth quarter 2023 results conference call. I'll start with a few of the highlights. ASM had another successful year. Our sales increased by 13% at constant currencies, despite the softer wafer fare equipment market conditions. This marks our seventh consecutive year of double digit growth. In the second half, we received the first meaningful orders for gave all around technology, which will be a significant driver for ASM. We remain on track towards our strategic targets and continue to invest in innovation and expansion. I want to thank our ASM people. Their hard work and dedication contributed to our company's robust performance in 2023. The agenda for today's call is as usual. Paul will first review our financial results. I will then continue with a discussion of the market trends and outlook, followed by the Q&A session. With that, handing over to you, Paul.