VELDHOVEN, the Netherlands, 15 July 2015 - ASML Holding N.V. (ASML) today publishes its 2015 second-quarter results.

Q2 net sales of EUR 1.65 billion, gross margin 45.6 percent
ASML guides Q3 2015 net sales at between EUR 1.5 and 1.6 billion and a gross margin of around 45 percent.

Figures in millions of euros unless otherwise indicated) Q1 2015 Q2 2015
Net sales 1,650 1,654
...of which service and field option sales 403 520
Other income (Co-Investment Program) 21 21
New systems sold (units) 39 34
Used systems sold (units) 8 7
Average Selling Price (ASP) of net system sales 26.5 27.7
Net bookings 1,028 1,523*
Systems backlog 2,602 3,015*
Gross profit 779 754
Gross margin (%) 47.2 45.6
Net income 403 370
EPS (basic; in euros) 0.93 0.86
End-quarter cash and cash equivalents and short-term investments 2,839 2,520
*) For the adjusted definition of our net bookings and systems backlog see footnote 4 of our US GAAP Consolidated Financial Statements.
A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com

CEO Statement
"We posted second-quarter sales and gross margin that were slightly above our guidance. Sales were balanced between memory and logic customers. As part of a previously announced volume purchasing agreement with a major U.S. customer, we took orders for six EUV systems in the quarter. Of those, two are expected to be shipped this year, and four from next year. As a result, the backlog for EUV systems now stands at eight systems," ASML President and Chief Executive Officer Peter Wennink said.

"Given the recent advances in EUV productivity and availability, we believe that EUV is moving closer to volume production. In preparation for pilot production, several customers have run or are running marathon tests on their NXE:3300B systems. In parallel, customers are evaluating how far they can stretch immersion multiple patterning technology. The decision on when to introduce EUV into production and the timing of the corresponding orders will be determined by the production readiness of EUV systems versus the complexity of multiple patterning. System availability is our main focus in increasing production readiness of EUV," Wennink said.

"We expect to see continued overall business strength in the second half of 2015 due to increased demand from memory and foundry customers compared with our previous expectations. Underpinned by an anticipated strong service business, this will allow for a stable business outlook at expected Q3 levels for the balance of the year with some upside opportunity."

Q2 Product Highlights
In deep-UV immersion, we have demonstrated a 30 percent overlay improvement with our TWINSCAN NXT:1980Di system, which is expected to ship this year. The system will also offer a step up in productivity from 250 wafers per hour to 275 wafers per hour.
The average availability of our world-wide installed base of more than 300 TWINSCAN NXT tools increased to above 96 percent, demonstrating ASML's focus on extending the performance of systems already in production.
All immersion systems shipped during the quarter had one or several Holistic Lithography products attached. The integrated YieldStar metrology system is well established, contributing to a total installed base of more than 250 YieldStar systems.
ASML application experts are engaged at all major customers to assist with the production ramp of 10nm logic node and 1x memory nodes.
In EUV, the number of NXE:3300B systems in use at customer sites rose to eight.
With regards to EUV productivity, which is driven by source power and system availability, we demonstrated dose-controlled source power of 130 Watts at ASML and average availability of above 70 percent at multiple customer sites for one-week periods, with one customer achieving 70 percent over four weeks.
ASML opened a new EUV factory in Veldhoven, enabling us to ship in volume when customers begin their production ramps.

Outlook
For the third quarter of 2015, ASML expects net sales at between EUR 1.5 and 1.6 billion, a gross margin of around 45 percent, R&D costs of about EUR 275 million, other income of about EUR 20 million -- which consists of contributions from participants of the Customer Co-Investment Program --, SG&A costs of about EUR 90 million and an effective tax rate of approximately 11 percent.

Update Share Buyback Program
As part of ASML's policy to return excess cash to shareholders through dividend and regularly timed share buybacks, ASML announced its intention to purchase up to 3.3 million shares in 2015-2016 to cover employee stock and stock option plans (ESOPs). In addition, ASML announced its intention to purchase up to EUR 750 million of shares in 2015-2016 under this program, which it intends to cancel upon repurchase.

Through 28 June 2015, ASML has acquired 3.0 million shares under this program for a total consideration of EUR 285 million. These shares have been purchased to cover ESOPs.

All transactions under this share buyback program are published on ASML's website (www.asml.com/investors). This program may be suspended, modified or discontinued at any time.