---

LDM Technologies Announces Q3 Earnings

11 August 1998

LDM Technologies Announces Third Quarter Earnings

    AUBURN HILLS, Mich., Aug. 11 -- LDM Technologies, Inc.
reports net sales for its third quarter ended June 28, 1998 (third quarter
1998) were $144.2 million, an increase of $61.9 million, or 75.1%, from the
third quarter of fiscal year 1997.  Third quarter 1998 net sales were
comprised of $120.4 million of automotive product sales, $4.1 million of
consumer and other product sales, and $19.7 million of mold sales.  The strong
sales growth was mainly attributable to increased automotive product sales
related to acquisitions made over the last nine months.  This growth was
offset by the General Motors strike, which resulted in estimated lost product
sales of $6.5 million.
    Operating profit was $8.5 million or 5.9% of net sales for the third
quarter of 1998 compared to $8.3 million, 10.1% of net sales for the same
period in 1997.  The decrease was due to increased goodwill amortization, lost
product gross margin resulting from the General Motors strike and lower
margins associated with acquisitions made over the last nine months.
    Interest expense was $5.4 million for the third quarter 1998, compared to
$3.4 million for the third quarter 1997.  The increased interest expense was
primarily due to the incurrence of additional debt related to recent
acquisitions.
    Net income for the third quarter 1998 was $1.6 million, or 1.1% of net
sales compared to $3.2 million, or 3.9% of net sales in the third quarter
1997.
    EBITDA for the third quarter 1998 was $13.2 million compared to $11.9
million for the third quarter 1997.  The increase is due to additional sales
volumes related to recent acquisitions.