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Eybl International AG

euro adhoc: Eybl International AG
Quarterly or Semiannual Financial Statements
Eybl International announces results for third quarter 2004/05

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
28.01.2005
•	Order intake again highly gratifying 
•	Sales stable 
•	Further boost to productivity and earnings
Krems, 28 January 2005 - Despite continuing stagnation in the
European automobile industry, Eybl International AG can be pleased
with its performance in the first three quarters of financial
2004/05.
Following a record order intake in the first quarter and a
satisfactory level of new orders in the second, orders in the third
quarter were a very acceptable EUR 47m, bringing the total for the
first three quarters of 2004/05 to EUR 448m, almost up to last year’s
level.
Eybl Group sales revenues and profits in the first three quarters of
2004/05 were reasonably satisfactory; however, in the third quarter
such factors as prolonged holiday closures (German premium OEMs,
French system suppliers) and low year end inventories noticeably
depressed turnover. Sales revenues of almost EUR 252m for the first
three quarters were approximately at the same level as last year, but
reflect the current low levels of production in the European
automotive industry. The increases in volumes in respect of product
start-ups as a result of the improved order book were negatively
affected in the short run by long-term quantity reductions on
existing orders for series models. The fabrication business
contributed EUR 175.4m or around 69.7% of overall sales revenue.
Textile production posted revenues amounting to EUR 48.6m, or 19.3 %
of the total, and the interiors and services businesses contributed a
combined 11.0%, with EUR 27.7m.
Consolidated EBIT for the first three quarters reached EUR 8.0m,
about 8.0% up on the same period last year (EUR 7.4m). With an EBIT
margin of 3.2%, earnings were broadly in line with budgeted
expectations. Profit from ordinary activities (POA) rose by 15.8%,
from EUR 5.0m to EUR 5.8m. Net profit for the period increased by EUR
1.4m to EUR 5.5m.
As of 31 December 2004, the Group’s total assets were EUR 193.6m —
17.6% up on the previous year’s EUR 164.6m. The equity ratio rose
from 30.4% as of 31 December 2003 to roughly 32.0% this year, an
increase of some 5.3%.
As of the end of the period, Eybl Group employed 4,406 people at a
total of 15 locations.
Eybl’s positive performance in the first three quarters of financial
2004/05 is also reflected in the performance of its shares — up 38%
since September 2004. Listed in the Prime Market section of the
Vienna Stock Exchange since 19 September 2003, Eybl’s stock shows an
annual increase of 10.6% (31 December 2003 to 31 December 2004).
Prospects for financial 2004/05 
Despite the continuing difficulties of the automotive industry as a
whole, management is confident that Eybl’s results for financial
2004/05 will be close to target, and that the Group will continue to
consolidate its position in the marketplace.
For financial 2004/05, management is budgeting for sales revenues
nearly as high as last year’s and for a total order intake of some
EUR 565m, a 10% increase on 2003/04. On the basis of current market
conditions, the forecast for the current financial year is for an
EBIT margin slightly higher than in the comparable period last year.
About Eybl International 
Vienna listed Eybl International is an internationally recognised
manufacturer of automotive interior parts. It specialises in the
production of autotextiles, the fabrication of cloth, leather and
combination cloth/leather seat covers and the covering of special
interior trim parts. Headquartered in Krems, Austria, the Group
employs some 4,400 people at 15 locations in Austria, Germany,
Hungary, Romania, Slovakia and Spain. Today, Eybl International is
Austria’s largest automotive components supplier, and the country’s
leading textile manufacturer in terms of revenue.
end of announcement                    euro adhoc 28.01.2005 08:30:00 

Further inquiry note:

Contact
Eybl International AG Press Office
Robert Hurtak
PLEON PUBLICO, Neulinggasse 37, A-1030 Vienna
Tel: +43 (1) 71786 138, fax: +43 (1) 71786 60

Branche: Textiles & Clothing
ISIN: AT0000908157
WKN:
Index: WBI, ATX Prime
Börsen: Berliner Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Wiener Börse AG / official dealing

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