AMSTERDAM (Reuters) – ASML Holding NV, one of the key suppliers to computer chip makers, increased its financial forecasts on Wednesday and said it would have sales growth of around 11% annually through 2030 amid booming demands for its products.
It estimated sales would hit 24-30 billion euros ($28 billion-35 billion) by 2025 with gross margins up to 55%. That compares with the current forecast of 15-24 billion euro range in the same year, with gross margins of at least 50%.
The company’s top executives are due to meet with investors day later on Wednesday.
($1 = 0.8537 euros)
(Reporting by Toby Sterling; Editing by Muralikumar Anantharaman)
