Eybl International AG

euro adhoc: Eybl International AG
Geschäftszahlen/Bilanz
Eybl International AG releases key figures for the first quarter of trading year 2008/09

-------------------------------------------------------------------------------- Ad-hoc-Mitteilung übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Quartalsbericht 18.08.2008 - Sales as anticipated during reporting period - First restructuring measures already implemented - Significant productivity increases in selected areas already achieved - Profits below budget, but improved against fiscal year 2007/08 Krems, 18 August 2008. Eybl International AG (ISIN: AT0000908157) - an internationally respected manufacturer of components for automotive interiors, specialising in the production of car textiles and the manufacture of seat upholstery in fabric and leather, with around 4,100 employees at nine production locations in Austria, Hungary, Romania, Germany and Slovakia - has released its key accounting figures for the first quarter of the 2008/09 trading year. During the first quarter of 2008/09, Eybl reported sales of EUR 82.4 million, equating to an increase of around 8% against the comparable value for the previous year (EUR 76.6 million). Customer demand relating to the new Passat CC project exceeded expectations and was instrumental in effecting this rise in sales. Financial growth EBIT to the value of EUR -1.4 million comprises operating profits of EUR -3.8 million and extraordinary influences of EUR 2.4 million. Operating profits are below budget, and were affected by special costs resulting from project launches and restructuring expenses to the value of some EUR 1.0 million, but are nevertheless markedly higher than profits for trading year 2007/08. The extraordinary influences essentially comprise positive currency differences based on the strong Forint exchange rate. Owing to the net loss for the period as at 30 June 2008 to the amount of EUR 3.9, equity as at 30 June 2008 fell to EUR 3.6 million (31 March 2008: EUR 6.2 million). At EUR 228.1 million, total assets remain unchanged against 31 March 2008. Liquid assets have achieved a satisfactory level of EUR 8.5 million (31 March 2008: EUR 14.2 million) prior to implementation of the measures provided for in the debt-burden agreement dated 25 June 2008 such as an increase in capital and the disposal of assets not operationally necessary. Key operating figures: Amounts in MEUR 1 April - 30 June 1 April - 30 June 1 April - 30 June 2008 2007 2006 Revenue 82.4 76.6 79.6 EBIT -1.4 1.3 1.1 Earnings from -3.8 -0.5 -2.0 normal operations Net loss for -3.9 -0.4 -1.9 the period 30 June 2008 31 March 2008 30 June 2007 Fixed assets 113.5 112.0 119.3 Liquid assets 8.5 14.2 12.4 Other assets 106.1 101.9 97.3 ASSETS 228.1 228.1 229.0 Equity 3.6 6.2 55.5 Financial liabilities 134.6 134.1 98.9 Other liabilities 89.9 87.8 74.6 LIABILITIES 228.1 228.1 229.0 Outlook It is anticipated that the measures defined in the debt-burden agreement, such as the disposal of non operating assets and the redemption of corporate bonds held by institutional major investors approached directly, will have been implemented to a large extent by the end of the second quarter. On the basis of the measures defined in the debt-burden agreement dated 25 June 2008, Eybl is anticipated to report an equity ratio of approximately 40% on 30 September 2008. Following the implementation of the initial measures, the management team is anticipating a stable quality and productivity situation from the third quarter of trading year 2008/09 onwards. The management team is subsequently planning to advise key customers during regular top-level customer visits with respect to progress in the restructuring of the company. Balance sheet date amendment In contrast to the Austrian legal situation, which applies to the individual accounts of Eybl International AG, in the group accounts, in accordance with the IFRS, the increase in capital may only be reported following a resolution and entry in the Commercial Register. So that the restructured group accounts may be documented as quickly as possible, it is necessary to prepare the next annual report with minimal delay and thus to move the balance sheet date from 31 March to 30 September. Ende der Mitteilung euro adhoc -------------------------------------------------------------------------------- ots Originaltext: Eybl International AG Im Internet recherchierbar: http://www.presseportal.ch Rückfragehinweis: Eybl International AG Investor Relations Robert Gabriel Tel.: +43 (0) 2732 881-300 Fax: +43 (0) 2732 881-79 mailto:robert.gabriel@eybl-international.com Branche: Fachhandel ISIN: AT0000908157 WKN: 914117 Index: WBI, Standard Market Auction Börsen: Wiener Börse AG / Amtlicher Handel

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