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euro adhoc: Eybl International AG / other / Restructuring Plan approved by Supervisory Board

Geschrieben am 10.04.2008 - [Nächster Artikel]


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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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10.04.2008

Krems, 10 April 2008. Eybl International AG (ISIN: AT0000908157), a
well-known manufacturer for automotive interiors, commissioned - as
already announced - the consulting firm of Roland Berger Strategy
Consultants to assist it in restructuring and reorientation its
corporate group. Upon completion of the first phase, Roland Berger
has now presented the proposals on how to restructure and reposition
the group. At its meeting held on 9 April 2008, Eybl International
AG´s supervisory board accepted these proposals and commissioned the
management board with implementing them. For the upcoming business
year of 2008/2009 the corporate group is expecting sales in the range
of EUR 310 million and EUR 320 million and an EBIT between EUR 4.6
million and EUR 8.8 million.

By reason of the ongoing reorientation and restructuring and the
required commitment of resources, the finance department at Eybl
International AG will present the publication of the preliminary
financial results of the business year 2007/08 on 2 June 2008. The
final financial results of the business year 2007/08 will be
published in terms of a regular reporting on 10 July 2008. The 18th
general shareholders´ meeting of Eybl International AG will be held
on 11 July 2008.

Eybl International in brief Eybl International AG, which is listed on
the Vienna Stock Exchange, is an internationally well-known
manufacturer of interior components for automotive interiors,
specialising in the production of automotive textiles, the
manufacture of seat covers in cloth or leather and cloth/leather
combinations and the lining of special interior parts. The company,
which is domiciled in Krems a.d. Donau/Lower Austria, employs some
4,000 people at 15 locations, of which eleven are sited in Austria,
Hungary, Romania, Germany and Slovakia. All company facilities are
audited according to the stringent accreditation requirements used by
the automotive industry. Company sales offices are also to be found
in Germany, France, Spain and the U.K.


end of announcement euro adhoc
--------------------------------------------------------------------------------


ots Originaltext: Eybl International AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

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: Speciality stores
ISIN: AT0000908157
WKN: 914117
Index: WBI, Standard Market Auction
Börsen: Wiener Börse AG / official market
 
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