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BE Semiconductor ( (GB:0XVE) ) has issued an announcement.
BE Semiconductor Industries N.V. reported its financial results for Q4 and the full year 2024, showcasing a revenue growth of 4.9% to €607.5 million and a net income increase of 2.8%, driven by heightened demand in AI-related markets. Despite facing challenges in mainstream assembly markets and automotive applications, Besi’s strategic focus on advanced packaging and hybrid bonding applications helped maintain robust profitability, with a proposed dividend reflecting a 95% payout ratio.
More about BE Semiconductor
BE Semiconductor Industries N.V. (Besi) is a prominent manufacturer of assembly equipment for the semiconductor industry, specializing in advanced packaging solutions. The company focuses on markets such as hybrid bonding and photonics applications, which are crucial for AI-related and computing end-user markets.
YTD Price Performance: -12.61%
Average Trading Volume: 87,435
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €9.43B
For detailed information about 0XVE stock, go to TipRanks’ Stock Analysis page.
