ASML Unveils Comprehensive 2024 Annual Reports Insights
ASML Publishes Its 2024 Annual Reports
Sustainability Statements Reported for the First Time
Recently, ASML Holding NV (NASDAQ: ASML) released its 2024 Annual Reports, a significant stride for the company as it embraces innovative practices in the semiconductor industry. This year's reports, titled 'Powering technology forward with you,' highlight ASML's dedication to developing state-of-the-art tools designed to produce faster, more efficient, and sustainable microchips. By equipping their clients to conquer pressing global challenges, ASML is paving the way for a brighter and more energy-efficient future.
Key Highlights from the Reports
The 2024 Annual Reports provide an in-depth look at ASML's robust business model and strategic initiatives. In a notable first, these reports include sustainability statements adhering to European Sustainability Reporting Standards (ESRS), showcasing the company’s commitment to transparency and responsibility in its operations. ASML's innovative approach is powered by collaborative partnerships with stakeholders, all dedicated to crafting sustainable solutions to benefit society.
Financial Reporting Standards Utilized
ASML's financial reporting is grounded in US GAAP, the accounting principles generally accepted in the United States. Moreover, for statutory purposes in the Netherlands, ASML also adheres to the International Financial Reporting Standards (IFRS). The reports detail key areas where US GAAP and IFRS diverge, particularly concerning product development cost management and income tax accounting. ASML will submit its Annual Report based on US GAAP through Form 20-F to the U.S. Securities and Exchange Commission (SEC), while the IFRS-based report will be filed with the Dutch Authority for the Financial Markets (AFM).
Contact Information for Media and Investors
For any inquiries or additional information regarding ASML’s operations or financial performance, stakeholders can reach out via the company's media and investor relations contacts. Media relations can be contacted through Monique Mols at +31 6 5284 4418 or Sarah de Crescenzo at +1 925 899 8985. Furthermore, Jim Kavanagh at +31 40 268 3938 and Pete Convertito at +1 203 919 1714 are available for investor relations queries.
About ASML
ASML stands at the forefront of the semiconductor industry, serving as a vital supplier. The company specializes in providing cutting-edge hardware, software, and services that empower chipmakers to mass-produce intricate integrated circuits. Through collaborative efforts with partners, ASML champions the creation of high-performance microchips that are not only powerful but also more energy-efficient, thus addressing critical needs in fields like healthcare, energy conservation, mobility, and agriculture. With its headquarters in Veldhoven, the Netherlands, ASML operates globally, employing over 44,000 individuals who consistently challenge conventional limits of technology. ASML actively trades on both Euronext Amsterdam and NASDAQ under the symbol ASML. Interested individuals can learn about ASML's innovative products, technology, and career opportunities through the company's website.
Frequently Asked Questions
What are the main highlights of ASML's 2024 Annual Reports?
The reports emphasize ASML's commitment to sustainability and innovation in technology, containing sustainability statements aligned with ESRS.
How does ASML report its financials?
ASML follows US GAAP for its main financial reporting and additionally uses IFRS as required for statutory reporting in the Netherlands.
Who can I contact for media inquiries about ASML?
For media inquiries, you can contact Monique Mols or Sarah de Crescenzo for assistance.
What role does ASML play in the semiconductor industry?
ASML is a leading supplier to the semiconductor sector, providing essential tools for mass production of microchips.
How many employees does ASML have worldwide?
ASML employs more than 44,000 individuals across its global operations, committed to pushing technological boundaries.
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