Asm International Nv

Good afternoon. This is the Coral School Conference operator. Welcome and thank you for joining the ASM International fourth quarter 2024 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, Head of Investor Relations. Please go ahead, sir.

Thank you, operator. Good afternoon, and thank you for joining our Q4 earnings call. With me today are our CEO, Hesham Nassam, and our CFO, Paul Verhagen. ASM issued its fourth quarter 2024 results yesterday 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, along with our latest investor presentation. As always, we remind you that in this conference call may contain information related to ASEM's 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 the company's press releases and financial reports, which are available on our website. Please further note that during this earnings call, we will reference profitability numbers primarily on an adjusted basis. Reconciliation with the reported financial numbers can be found in the press release and in the investor presentation. And with that, I will now turn the call over to our CEO, Isa Moussaou.

Thank you, Victor, and thanks to everyone for attending our earnings call. I'll start it with a few of the highlights. We delivered strong results in the fourth quarter with revenue growth of 27%. For the full year, our sales increased 12% ahead of WFE growth, marking our eighth consecutive year of double-digit growth. Strategically, we booked solid progress in 2024 as we expanded our addressable market, in particular with the transition to gate-all-around and as we further expanded our R&D engagement with key customers. I want to thank all our people for their relentless commitment and teamwork, which contributed to another successful year for ASM. The agenda for today's call is as usual. Paul will first review our financial results. I will then continue with the discussion of the market trends and outlook, followed by the Q&A sessions. Before handing over to Paul, I'm pleased to let you know that we will have our next Investor Day on September 23rd this year in London. Please mark your calendars. We hope to see many of you there. And with that, over to you, Paul.