ASML’s strong fourth-quarter performance is seen as a clear sign of customers planning for growth, Citi analysts write in a research note. This should give the market confidence in expecting strong growth in 2025 for the Dutch manufacturer of lithography systems for the semiconductor industry, and support its 2025 revenue to come in at the top half of its EUR30 billion-EUR40 billion range, ahead of consensus, the analysts add. ASML’s recovery shows customers’ confidence in the medium-to-long term outlook and should be reflected in the shares, the U.S. bank said. Shares are up 0.63% at 2888.0 pence.