27.06.2005 – 08:48

Eybl International AG

euro adhoc: Eybl International AG
Annual Reports
Eybl International announces results for financial 2004/05 • Established position as development partner to the automobile industry • Steady improvement in financial performance • Record order inta

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27.06.2005

Krems, 27 June 2005 The sustained success of Eybl International’s
positioning as a development partner to the automobile industry is
reflected in steady improvement of major financial performance
indicators and a successful underpinning of earnings levels despite
the extremely difficult business conditions facing the European
automobile industry as a whole.

Despite these positive developments, however, Eybl was obliged to
accept slight declines in sales and earnings. The overall economic
climate combined with the decline in the German automobile industry
in the fourth quarter of 2004/05 in particular meant that sales for
the year fell somewhat short of budget, as the continuing reductions
in series production orders in fabrication ate into volume business.
Increased expenses for series production start-ups in fabrication
also affected profitability.

Eybl International’s aggregate sales revenue came to EUR 332.5m
(2003/04: EUR 342.2m). Of this, textiles production and finishing
contributed around 20%, or EUR 66.6m, fabrication 68.5%, or EUR
227.6m, and interiors roughly 11.5%, or EUR 38.3m. EBITDA (operating
profit before depreciation and amortisation) at EUR 20.2m very nearly
reached last year’s level (EUR 21.3m). Operating profit before
interest and taxes (EBIT) came to EUR 10.3m (2003/04: EUR 12.3m), and
the net profit for the year to EUR 7.3m (2003/04: EUR 9.0m). The
decline in EBIT compared with the previous year was reflected in an
EBIT margin of 3.1%, so that profitability was 0.5 percentage points
down on 2003/04’s level.

Eybl International’s established position as development partner to
the automobile industry is reflected in the new records achieved in
order intake and order book. The Group’s order book at 31 March 2005
stood at EUR 1,311m (2003/04: EUR 1,124m). Order intake for 2004/05
amounted to EUR 541m (2003/04: EUR 515m), a year-on-year increase of
5%.

At 31 March 2005 the Group’s total assets were EUR 206.9m, about 7.3%
up on the previous year’s EUR 192.9m. The improvement in the equity
ratio to 31.0% (31 March 2003: 29.1%) underlines the health of Eybl’s
balance sheet. Return on capital employed (ROCE) was 8.8% for the
year, compared to 12.1% for the last financial year, reflecting the
stable earnings situation.

As of 31 March 2005, Eybl International had a total of 4,047
employees at its 13 sites.

For financial 2005/06 Eybl International’s management is not counting
on major increases in production figures, since the economic climate
and conditions in the industry are expected to continue to be
difficult. However the Group sees its record levels of order intake
and order book as a positive indication for the future. The aim for
financial 2005/06 is once again to broaden the markets Eybl serves
and to gain market shares in all its major technologies.

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 4,000 people at 13 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.

Summarised results for financial 2004/05 (EUR m)

2004/05            2003/04          Changes
                                   Comparable period
Sales revenue           332.5              342.2            (9.7)
EBIT                     10.3               12.3            (2.0)
EBIT margin (%)           3.1                3.6            (0.5)
Net profit
for the year              7.3                9.0            (1.7)
Order intake              541                515            26.0

Order book              1,311              1,124           187.0

end of announcement                               euro adhoc 27.06.2005 08:14:52

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:
Börsen: Berliner Wertpapierbörse
Frankfurter Wertpapierbörse
Baden-Württembergische Wertpapierbörse
Wiener Börse AG