At ASML, even the sky seems to be offering no limits. With net sales of € 2.74 billion in the second quarter of 2018 (up from 2.3 billion in the first quarter), and a net income of €584 million (up from €540) the results were far above expectations. Gross margin is 43.3 percent (48 percent in the first quarter). ASML expects net sales to be stable in the third quarter, but a gross margin which again reaches more than 47 percent.

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