Frencken - Phillip Securities 2026-01-05: Where Growth Meets Value

• Frencken’s two key semiconductor equipment customers indicated that 2H26e will be a stronger half. An order ramp in high-NA EUV and an acceleration in wafer fabrication equipment (WFE) spending are expected to occur in 2H26e.

Company Background

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• Frencken operates in 18 facilities across Singapore, Malaysia, China, Europe, and the US. Its largest revenue contribution comes from the Netherlands (38% of revenue), its key semiconductor equipment customer.

Investment Merits/Outlook

Semiconductor customers are expanding production in Asia.

• - Read this at SGinvestors.io -
• Nonetheless, both customers indicated 2H26e will be a stronger half, driven by an expected high-NA EUV order ramp and an acceleration in WFE spending.

Increased demand for medical devices.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Read also Phillip's most recent report:
2026-03-09 Frencken - Position For The Rebound In Semiconductor.

Price targets by 3 other brokers at Frencken Target Prices.

Listing of research reports at Frencken Analyst Reports.

Relevant links:
Frencken Share Price History,
Frencken Announcements,
Frencken Dividend Payout Dates & Corporate Actions,
Frencken News