ASML Posts Better-Than-Expected Net Rise.

The article reports on the increase in the profit posted by ASML Holding NV in July 2008 as a result of a tax benefit. The company predicted that sales for the year could decline as much as 20% because of uncertain economic condition. The net profit of ASML in the second quarter grew by 20% from €159.5 million in 2007 to €192 million this year. ASML president Eric Meurice claimed that the firm will be prepared when macroeconomic conditions improve in 2009 and there is a growth in orders.