ASML Holding NV today confirms its view, first stated at the 2014 investor day, of an annual revenue opportunity of EUR 10 billion in 2020. The operational leverage in our business model is expected to lead to an opportunity in 2020 to increase the gross margin to around 50 percent and together with expected higher sales to a rise in earnings per share to more than 8 euros. The planned acquisition of Hermes Microvision Inc. (HMI) will provide additional opportunities for growth.

At ASML’s Investor Day today in New York City, executive management will lay out the key drivers, market opportunities and operational priorities that are expected to enable the company’s continued growth and value creation.

The event starts at 9:00 AM Eastern Time (2:00 PM Central European Time) and will be webcast live on www.asml.com.

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Author profile picture Bart Brouwers is co-founder and co-owner of Media52 BV, the publisher of innovationorigins.com.