(Registrieren)

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

Geschrieben am 24-10-2006


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


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
--------------------------------------------------------------------------------


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


Kontaktinformationen:

Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.

Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.

Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.

http://www.bankkaufmann.com/topics.html

Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.

@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf

E-Mail: media(at)at-symbol.de

36119

weitere Artikel:
  • Rekord-Bauboom in Münster: Über eine halbe Milliarde Euro Investitionsvolumen / "Butterfly" - Aufbruch in neue Dimension Münster (ots) - Die Investitionen in Immobilien in Münster haben ein neues Hoch erreicht: über eine halbe Milliarde verbauen derzeit Unternehmen und öffentliche Hand. Den Aufbruch in eine einzigartige Dimension veranschaulicht das neueste Projekt "Butterfly". 66 Meter und 20 Stockwerke in den Himmel ragen sollen zwei architektonisch ausgefeilte Bürotürme in "Z"-Form. Die Westfalenmetropole erlebt einen Bauboom wie niemals zuvor, berichtet die Wirtschaftsförderung Münster (WFM) auf der "Expo Real" in München (23.-25.11.2006). Das Rekordergebnis mehr...

  • Alcan eruiert Nachfolge für ausscheidende Präsidentin der Primary Metal Group Montreal, Kanada (ots/PRNewswire) - - Ernennung eines Nachfolger noch vor Jahresende Alcan Inc gab heute bekannt, dass das Unternehmen im Zusammenhang mit dem Ausscheiden von Cynthia Carroll, zurzeit Senior Vice President von Alcan Inc. und Präsidentin des Geschäftsbereichs Primary Metal, die Frage der Nachfolge eruiert. Carroll wird ab Mitte Januar 2007 die Position des Chief Executive Officer bei Anglo American plc übernehmen. Ein Nachfolger wird voraussichtlich bis Ende des Jahres ernannt und in der Zwischenzeit wird sie die Geschäfte mehr...

  • Dritter Platz für Kindernothilfe beim Transparenz-Preis / PricewaterhouseCoopers analysierte 50 größte Spendenorganisationen Duisburg/Berlin (ots) - Die Kindernothilfe hat beim Transparenz-Preis von PriceWaterhouseCoopers (PwC) den dritten Platz erreicht. Prof. Dr. h.c. Dieter Stolte, ehemaliger Intendant des ZDF, stellte das Hilfswerk vor und lobte die Arbeit: "Der Finanzbericht zählt zu den Besten und die inhaltliche Darstellung der Arbeit der Kindernothilfe ist überdurchschnittlich." Die PricewaterhouseCoopers AG ist eine der führenden Wirtschaftsprüfungs- und Beratungsgesellschaften. Die 2005 erstmalig vergebene Auszeichnung belohnt die informative und qualitativ mehr...

  • LGB gibt rund 20 % von Klöckner & Co ab / Der Streubesitz liegt jetzt bei rund 55 % Düsseldorf / New York (ots) - Multi Metal Investment S.à r.l., eine Investmentgesellschaft des Lindsay Goldberg & Bessemer Funds (LGB), hat 9 Millionen Aktien der Klöckner & Co Aktiengesellschaft außerbörslich zum Preis von EUR 23,50 pro Aktie an institutionelle Investoren verkauft. Die Transaktion wurde von der Deutschen Bank, JP Morgan und UBS im sog. beschleunigten Bookbuilding-Verfahren durchgeführt. LGB hält mit rd. 45 % der Anteile nach wie vor das mit Abstand größte Aktienpaket an Klöckner & Co. Der frühere Thyssenchef Dieter mehr...

  • Klöckner & Co's free float now about 55 per cent -------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Duisburg, October 24, 2006 - The free float of the international distribution company Klöckner & Co AG has increased from 35 per cent to a new level of around 55 per cent. The private equity investor Lindsay Goldberg & Bessemer (LGB), until now the majority shareholder in mehr...

Mehr zu dem Thema Finanzen

Der meistgelesene Artikel zu dem Thema:

Century Casinos wurde in Russell 2000 Index aufgenommen

durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht