Netherlands Association for Investor Relations Announces 18th Annual Dutch IR Awards Nominees.

The Netherlands Association for Investor Relations (NEVIR) has announced the nominations for the 18th Annual Dutch IR Awards. ASML Holding, ASR Nederland, and Shell are nominated for AEX Company of the Year, while Marcel Kemp, Michel Hulters, and Robin van den Broek are nominated for AEX IR Professional of the Year. CTP, Just Eat Takeaway.com, and Royal Vopak are nominated for AMX Company of the Year, with Rutger Relker, Maarten Otte, and Fatjona Topciu nominated for AMX IR Professional of the Year. Alfen, Avantium, and Wereldhave are nominated for AScX Company of the Year, and Aarne Luten, Floor van Maaren, and Inge Laudy are nominated for AScX IR Professional of the Year. ASR Nederland, Royal Ahold Delhaize, and Unilever are nominated for Best ESG Engagement, and ASR Nederland, Royal Ahold Delhaize, and Shell are nominated for Best Investor Event. AkzoNobel, KPN, and Philips are nominated for Best IR Website, and Adyen, Corbion, and Exor are nominated for Most Improved Company (IR Programme). Valentina Fantigrossi and Lennart Scholtus are nominated for Young IR Talent.

ASML Holding, a leading provider of lithography machines for semiconductor manufacturing, has reiterated its long-term growth prospects at the recent Investor Day. The company expects global semiconductor sales to exceed $1 trillion by 2030, with a compound annual growth rate of about 9% from 2025 to 2030. ASML has set its own sales target to reach €44 billion to €60 billion by 2030, maintaining a gross margin of about 56% to 60% during this period [1].

The company's performance is often seen as a benchmark for the entire semiconductor industry. ASML's Chief Financial Officer, Roger Dassen, stated, "We have reaffirmed our capital allocation strategy and expect to continue returning significant cash to shareholders through a combination of increasing dividends and share buybacks."

Despite the recent disappointing third-quarter performance, where orders were only half of market expectations, causing the stock price to plummet by 17% on the same day, ASML remains optimistic about the future. The company's stock price has fallen by more than 5% so far this year, but CEO Christophe Fouquet previously stated that the slow recovery of the chip market will continue until 2025, with the years 2026 and beyond expected to be the 'years of overall growth' for the industry and ASML.

ASML's strong position in the semiconductor supply chain is bolstered by its advanced lithography machines, which are essential tools for manufacturing advanced chips. The company's performance is closely tied to the increasing global demand for advanced chips, driven by the vigorous development of AI and other technologies.

ASML's recent financial report shows that China's sales were €2.79 billion, accounting for nearly half of the company's total sales. The company expects that next year, Chinese sales will represent around 20% of total revenue.

In the realm of investor relations, ASML Holding is nominated for AEX Company of the Year in the Netherlands Association for Investor Relations (NEVIR) 18th Annual Dutch IR Awards, reflecting the company's strong standing in the financial community [2].

References:
[1] https://www.moomoo.com/news/post/76657594/record-tr4cking-news-default
[2] URL of the NEVIR 18th Annual Dutch IR Awards announcement