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Car textiles producer Eybl posts revenue of EUR 294.1 mn

18 Aug '08
4 min read

Also a factor were performance problems in quality, production and supply as a result of the difficult economic situation the Eybl group found itself in.

However, the Eybl Group was still able to land numerous international orders in its most recent trading year, making it possible for the company to equip nearly every current AUDI model and to produce around 50% of the textile volume for the AUDI Q5.

Eybl was also able to obtain the future-oriented contract for the new VW Passat Coupé and will be responsible,in conjunction with the VW subsidiary SITECH, for developing & manufacturing all of the textiles for that make car. Eybl's cooperation with SEAT also developed very successfully.

In this way, Eybl secured a EUR 35 million order for manufacturing of the high-quality seats featuring comfort leather "Klimaleder" for a new model made by a Southern German automobile manufacturer. This luxury seat upholstery was designed in close cooperation with the competent departments of the car maker in question, whereby the Eybl technology "virtual reality" proved once again to be the decisive factor for the company's success.

By landing this order, Eybl International successfully added another chapter to its cooperation with the Germany premium manufacturer after having successfully equipped the M class series 3.

As at 31 March 2008, the Eybl Group's order volume came to approximately EUR 900 million.

Serious commitment from the key shareholder
In the context of the agreements reached in 2008 to restructure the Eybl Group,the key shareholder, the Fries Familien-Privatstiftung private foundation,injected EUR 32.4 million in capital into the company, making a sizable contribution toward securing the future of the Eybl Group.

This will enable the company to position itself on the market once again as a reliable partner for automobile manufacturers.

For more detail click here.

Eybl International AG

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