euro adhoc: Eybl International AG / quarterly or semiannual financial statement / Eybl International publishes its results for the first half-year 2006/07:

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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24.10.2006

- Increased sales to EUR 173.3 million
- Satisfactory order situation due to significant new intakes
- Possible fall in sales during the second half-year

Krems, October 24, 2006. During the first six months of the 2006/07
financial year, Eybl International AG, which is listed on the Vienna
Stock Exchange and manufactures components for automotive interiors,
was able to maintain its positive sales development with an increase
from EUR 169 million in the first half of the preceding year to EUR
173.3 million.

However, this satisfactory situation is overshadowed by the general
situation in the European sub-supplier industry, which in recent
months has suffered a further intensification of already massive
price pressure. EBIT in the first half year was slightly up on the
figure for the previous year (EUR 4.2 million) at EUR 4.3 million.
The EBIT margin remained at the level of the preceding at 2.5%, while
EBITDA was some 10% higher at EUR 11.3 million. The EBITDA margin
stood at 6.5% (first half-year 2005/06: 6.0%).

Balance sheet and equity demonstrate stability

As in the first quarter of the current year, the result for the first half-year
was subject to the negative effects of the closing date evaluation of a EUR/HUF
swap. The ordinary business result amounted to EUR 0.5 million (1st half-year
2005/06: EUR 2.0 million) and the result for the period of EUR 1.1 million was
also down on the EUR 2.6 million of the preceding year. At EUR 7.2 million,
operating cash flow attained the level of the previous year and following the
payment of a dividend of EUR 0.85 per share for the 2005/06 financial year,
equity was held steady through a profit for the period of EUR 1.1 million. On
the closing date of September 30, 2006, equity stood at EUR 50.9 million and
when compared to the figure on the balance sheet closing date, at 20.2% the
equity ratio for the first half-year 2006/07 was virtually constant.
New orders in the premium class confirm company quality and reliability
The company’s establishment of a position as a competent and stable process
partner to the automotive industry, particularly in Germany and France, is
reflected by a series of new orders captured during the first half of 2006/07.
In total, these led to order intake amounting to EUR 160 million, which resulted
in adjusted order backlog on the closing date of EUR 1,048 million. The decline
in order intake mirrored the trend among automotive manufacturers, who are
increasingly replacing long-term contracts with three-year agreements.
The most important new orders in 2006/07:

- Following a multi-stage process, General Motors has nominated Eybl
International as the most competent global textile supplier for the
Vectra platform. This is the first time that a single supplier has
been selected by General Motors for global production. Serial
production will commence in 2008.

- From autumn 2006, the Krems plant (later Hungary and Romania) will
start to produce fabric and leather covers for the three-door, coupé
and convertible models from the BMW 1 range. Subsequent serial
production will also be supplied by Eybl International.

- The Eybl competence centres in Deta/Romania and Nagykanizsa/Hungary
are also producing gear and brake lever bellows for BMW.

- Eybl has also captured another major order from Peugeot, involving
the future supply of fabric seat covers for the 308 and 207 models
from the plant in Deta/Romania.

- Eybl is participating in the face-lifting of the Renault Scenic
with seat covers in leather and a fabric/leather combination.
Unfortunately, problems with item numbers are having a negative
effect on existing orders.

Outlook for the current financial year

The economic researchers from Global Insight anticipate that 14.6
million cars will be produced by Western European manufacturers in
the 2006 calendar year, which represents further market stagnation.
Moreover, the expected advance purchases in Germany awaited in the
run-up to the increase in value added tax in 2007 have not made
themselves felt at Eybl International in the shape of order call-ups.
The pressure on costs in the operative business area continues to
dominate in the European sub-supply industry and in particular, has
led to operative losses among suppliers responsible for complete
systems.

Eybl International has reacted to this persistently difficult market
situation with an earnings optimisation concept and ongoing quality
improvements. CEO, Johannes M. Elsner, "The cost pressure applied by
the automotive manufacturers is noticeable at all levels of the
value-added chain. Although the first half-year progressed
satisfactorily for Eybl International, weak call-up and the trend
among the OEMs towards in-house production, mean that a decline in
sales during the second half-year is possible."

The result of the first half-year 2006/07 at a glance:
(in EUR m)

Key indicators 2006/07 2005/06 2004/05
Sales 173.3 169.0 167.8
EBIT 4.3 4.2 5.1
EBIT margin in % 2.5 2.5 3.1
EBITDA margin in % 6.5 6.0 6.3
Profit for the
period 1.1 2.6 3.4
Order intake 160 246 401
Order backlog 1,048 1,302 1,342
Employees 4,308 3,995 4,315
Eybl International in brief
Eybl International AG, which is listed on the Vienna Stock Exchange, is an
internationally recognised 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, Austria, employs some 4,000 people at 14 locations in Austria, Hungary,
Romania, Germany, France and Slovakia, as well as in Spain and U.K. Today, Eybl
International is Austria's largest company in the automotive sub-supplier
sector, as well as being Austria's largest textile manufacturer in terms of
sales.

end of announcement euro adhoc 24.10.2006 12:05:10
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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, ATX Prime
Börsen: Wiener Börse AG / official market


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