<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON DC 20549


                                    FORM 10-Q


              (X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended December 19, 1999

                                       OR
          ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                        COMMISSION FILE NUMBER 333-21819

                             LDM TECHNOLOGIES, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

          MICHIGAN                                         38-2690171
 (State or other jurisdiction of                       (IRS Employer
 incorporation or organization)                        Identification No.)

        REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (248) 858-2800

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by sections 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding twelve months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to the
filing requirements for the past 90 days.

                           YES X                  NO

    Number of shares of common stock outstanding as of January 28, 2000: 600

                                 Total pages: 21
                             Listing of exhibits: 20

<PAGE>   2


                             LDM TECHNOLOGIES, INC.

                                      INDEX
<TABLE>
<CAPTION>

                                                                                Page No.
                                                                               -------------
<S>                                                                            <C>

        PART I       FINANCIAL INFORMATION

        ITEM 1       FINANCIAL STATEMENTS (UNAUDITED)

        Condensed Consolidated Balance Sheets, December 19, 1999 and
           September 26, 1999                                                      3

        Condensed Consolidated Statements of Income, three months ended
           December 19, 1999 and December 27, 1998                                 4

        Condensed Consolidated Statements of Cash Flows, three months ended
           December 19, 1999 and December 27, 1998                                 5

        Notes to Condensed Consolidated Financial Statements                       6

        ITEM 2        MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                      CONDITION AND RESULTS
                      OF OPERATIONS                                                14

        PART II       OTHER INFORMATION

        Item 1        Legal Proceedings                                        Not applicable

        Item 2        Changes in Securities                                    Not applicable

        Item 3        Defaults upon Senior Securities                          Not applicable

        Item 4        Submission of Matters to a Vote of Security Holders      Not applicable

        Item 5        Other Information                                        Not applicable

        Item 6        Exhibits and Reports on Form 8-K                         (a) Exhibit 27
                                                                               Financial Data
                                                                               Schedule
</TABLE>

                      Signature Page


<PAGE>   3


                             LDM TECHNOLOGIES, INC.
                      Condensed Consolidated Balance Sheets
                             (dollars in thousands)

<TABLE>
<CAPTION>


                                              DECEMBER 19, 1999                    SEPTEMBER 26, 1999
                                                 (UNAUDITED)                             (NOTE)
                                            ----------------------               -----------------------
<S>                                        <C>                                  <C>

ASSETS
Current assets:
   Cash                                                    $3,107                               $4,317
   Accounts Receivable                                     87,414                               79,434
   Raw materials                                           14,199                               12,827
   Work in process                                          2,073                                1,872
   Finished goods                                           5,150                                6,084
   Mold costs                                              14,698                               12,706
   Refundable income taxes                                                                       1,385
   Deferred income taxes                                    2,157                                1,947
   Other current assets                                     2,098                                1,960
                                            ----------------------               ----------------------
     Total current assets                                 130,896                              122,532

Net property, plant and equipment                         108,681                              121,116
Goodwill, net                                              58,483                               59,688
Debt issue costs, net                                       5,050                                5,126
Equity investments in affiliates                            2,791                                2,091
Note receivable from affiliate                              2,518                                  895
Other assets                                                  693                                  695
                                            ----------------------               ----------------------
     Totals                                              $309,112                             $312,143
                                            ======================               ======================

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
   Revolving loan                                         $39,034                              $33,276
   Accounts payable                                        52,755                               55,120
   Accrued liabilities                                     19,480                               17,976
   Accrued interest                                         5,584                                3,599
   Accrued compensation                                     8,149                                7,988
   Income taxes payable                                        69
   Current maturities of long-term debt                    11,564                               11,564
                                            ----------------------               ----------------------
     Total current liabilities                            136,635                              129,523

Long-term debt due after one year                         156,747                              168,262
Deferred income taxes                                       1,354                                1,438

STOCKHOLDERS' EQUITY
   Common Stock (par value $.10, issued
   and outstanding 600 shares; authorized
   100,000 shares)
   Additional paid-in capital                                  94                                   94
   Retained earnings                                       13,873                               12,525
   Accumulated other comprehensive income                     409                                  301
                                            ----------------------               ----------------------
   Total stockholders' equity                              14,376                               12,920
                                            ----------------------               ----------------------
     Totals                                              $309,112                             $312,143
                                            ======================               ======================
</TABLE>


Note: The balance sheet at September 26, 1999 has been derived from the audited
consolidated financial statements at that date but does not include all of the
information and footnotes required by generally accepted accounting principles
for complete financial statements.

See notes to condensed consolidated financial statements.







                                        3
<PAGE>   4

                             LDM TECHNOLOGIES, INC.
                   Condensed Consolidated Statements of Income
                             (dollars in thousands)

<TABLE>
<CAPTION>

                                                                    (Unaudited)
                                                                 Three Months Ended
                                            -------------------------------------------------------------
                                              December 19, 1999                       December 27, 1998
                                            ----------------------                   --------------------
<S>                                        <C>                                       <C>
Revenues
   Net product sales                                     $118,929                               $132,438
   Net mold sales                                           6,467                                  5,658
                                            ----------------------                   --------------------
                                                          125,396                                138,096

Cost of Sales
   Cost of product sales                                   96,038                                106,760
   Cost of mold sales                                       6,454                                  6,300
                                            ----------------------                   --------------------
                                                          102,492                                113,060
                                            ----------------------                   --------------------

Gross Margin                                               22,904                                 25,036

Selling, general and administrative                        15,354                                 15,620
expenses                                    ----------------------                   --------------------

Operating profit                                            7,550                                  9,416
Interest expense                                          (4,653)                                (5,396)
Other income, net                                           (292)                                   (68)
                                            ----------------------                   --------------------

Income before income taxes                                  2,605                                  3,952

Provision for income taxes                                  1,257                                  2,250
                                            ----------------------                   --------------------
Net income                                                 $1,348                                 $1,702
                                            ======================                   ====================
</TABLE>


See notes to condensed consolidated financial statements.
Total comprehensive income is not materially different from net income.






                                        4
<PAGE>   5


                             LDM TECHNOLOGIES, INC.
                 Condensed Consolidated Statements of Cash Flows
                             (dollars in thousands)
<TABLE>
<CAPTION>


                                                                                 (Unaudited)
                                                                              Three Months Ended
                                                                -----------------------------------------------
                                                                    December 19,               December 27,
                                                                         1999                       1998
                                                                -------------------          ------------------
<S>                                                             <C>                          <C>

Net cash provided (used) by operating activities                            $(607)                     $6,439

Cash flows from investing activities
   Additions to property, plant and equipment                              (2,482)                     (4,044)
   Proceeds from disposal of property, plant and equipment                  8,258
                                                                -----------------            ----------------
             Net cash provided (used) for investing activities              5,776                      (4,044)


Cash flows from financing activities
   Costs associated with debt acquisition                                     (73)                        (68)
   Advances to affiliates                                                    (549)
   Payments on long-term debt                                             (11,515)                     (2,996)
   Net borrowings on line of credit                                         5,758                         947
                                                                -----------------            ----------------
                        Net cash used for financing activities             (6,379)                     (2,117)
                                                                -----------------            ----------------

Net cash change                                                            (1,210)                        278
Cash at beginning of period                                                 4,317                       3,317
                                                                -----------------            ----------------
Cash at end of period                                                      $3,107                      $3,595
                                                                =================            ================

Supplemental information
   Depreciation and amortization                                           $5,785                      $5,129
                                                                =================            ================
</TABLE>

See notes to condensed consolidated financial statements.


                                       5
<PAGE>   6


                             LDM TECHNOLOGIES, INC.
              Notes to Condensed Consolidated Financial Statements

1.       Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information and with the instructions to Form 10-Q and Article 10 of
Regulation S-X. Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. Operating results for the three month period ending December 19,
1999 is not necessarily indicative of the results that may be expected for the
year ending September 24, 2000. For further information, refer to the
consolidated financial statements and footnotes thereto included in the
Company's annual report on Form 10-K for the year ended September 26, 1999.

The Company closed its quarter ended December 19, 1999 one week early to allow
for Year 2000 testing. The quarter ended December 19, 1999 contains 12 weeks
versus a 13 week quarter for the preceding year. As a result, certain fixed
costs may appear higher as a percentage of sales in the quarter ended December
19, 1999 compared to the quarter ended December 27, 1998. The week ended
December 26, 1999 resulted in product sales of $6,754. Management estimates that
pretax income would have increased by 15% of such sales if this week would have
been included in the first quarter of the Company's fiscal year 2000.

2.       Sale of Blowmolding Machinery and Equipment to DBM Technologies, LLC

Effective as of December 31, 1998, the Company entered into a joint venture (DBM
joint venture) that is 49% owned by the Company, and 51% owned by an independent
third party. The Company sold the Kenco business and most of its net current
assets to the joint venture at an amount equal to the net book value of the net
current assets. The sales price of the net current assets approximated $8.8
million.

The Company leased all machinery and equipment of the Kenco business to the
joint venture, and is subleasing to the joint venture all real properties in the
Kenco operations.

Under the terms of the agreement, the Company provided a subordinated $1.8
million loan to the joint venture and guaranteed $1.0 million of the joint
venture line of credit borrowings. As a result of those terms, and the
relatively small amount of equity contributed to the joint venture by the
independent third party, the Company retained substantially all of the risks of
ownership. The investment is treated as an equity investment for accounting
purposes, but the Company has recorded 100% of the joint venture losses as
equity losses.

On December 8, 1999, the Company sold all of the machinery and equipment of the
Kenco business to the joint venture for $10.3 million, the approximate net book
value of the machinery and equipment. Proceeds from the sale were comprised of
$8.3 million in cash and an additional $2.0 million subordinated note payable to
the Company from the joint venture.

As part of the transaction, the joint venture refinanced its line of credit
which released the Company from the $1 million guarantee discussed above.

The joint venture's new senior lender required the Company to subordinate all
amounts due from the joint venture at the time of refinancing. As a result, the
previous subordinated note payable to the Company was canceled and replaced with
a new subordinated note payable approximating $5.6 million. This amount is
comprised of the $2.0 million related to the machinery and equipment purchase,
$1.9 million related to the original subordinated note payable plus accrued
interest, and $1.7 million related to unpaid machinery and equipment rentals and
miscellaneous other unpaid trade amounts. The new subordinated note payable
bears interest at 9.5% and is payable in equal quarterly installments beginning
June 1, 2000 and shall be fully paid on or before December 8, 2004.


                                       6

<PAGE>   7


                             LDM TECHNOLOGIES, INC.

              Notes to Condensed Consolidated Financial Statements

3.       Commitments and Contingencies

There have been no significant changes in commitments and contingencies from the
matters described in footnote 12 of the Company's consolidated financial
statements as of and for the fiscal year ended September 26, 1999.

5.       Supplemental Guarantor Information

The $110 million 10 3/4% Senior Subordinated Notes due 2007, the Senior Credit
Facility, the standby letters of credit with respect to the $8.8 million
Multi-Option Adjustable Rate Notes and the $4.4 million Variable Rate Demand
Limited Obligation Revenue Bonds and the Senior Term and Capital Expenditures
Line of Credit are obligations of LDM Technologies, Inc. The obligations are
guaranteed fully, unconditionally and jointly and severally by LDM Technologies
Company and LDM Holding Canada, Inc. The non-guarantor subsidiaries are Como,
LDM Germany, LDM Mexico, and LDM Holding Mexico, Inc. LDM Mexico and Como are
currently inactive.

Supplemental consolidating financial information of LDM Technologies, Inc., LDM
Canada (including the related holding company guarantors) and combined Como, LDM
Mexico, and LDM Germany (the "non-guarantor subsidiaries") is presented below
(in thousands). Investments in subsidiaries are presented on the equity method
of accounting. Separate financial statements of the guarantors are not provided
because management has concluded that the summarized financial information below
provides sufficient information to allow investors to separately determine the
nature of the assets held by and the operations of LDM Technologies, Inc., and
its guarantor and non-guarantor subsidiaries.


                                       7
<PAGE>   8
                            LDM TECHNOLOGIES, INC.
    Condensed Consolidating Balance Sheet as of December 19, 1999 (Unaudited)
                             (dollars in thousands)
<TABLE>
<CAPTION>

                                                      LDM
                                                  Technologies,         LDM         Nonguarantor     Consolidating
                                                      Inc              Canada       Subsidiaries        Entries         Consolidated
                                                  ------------        ---------     ------------     -------------      ------------
<S>                                               <C>                  <C>           <C>             <C>                  <C>
ASSETS
Current assets:
   Cash                                              $      31                        $   3,076                          $   3,107
   Accounts receivable                                  70,197        $  13,886           3,331                             87,414
   Raw materials                                        10,891            1,936           1,372                             14,199
   Work in process                                       1,449              299             325                              2,073
   Finished goods                                        3,959              892             299                              5,150
   Mold costs                                           11,562            3,098              38                             14,698
   Deferred income taxes                                 2,157                                                               2,157
   Other current assets                                  1,819              264              15                              2,098
                                                     ---------        ---------       ---------          ---------       ---------
      Total current assets                             102,065           20,375           8,456                            130,896


Net property, plant and equipment                       90,143           14,441           4,097                            108,681
Investment in subsidiaries                               8,637                                            $ (8,637)
Goodwill, net                                           58,483                                                              58,483
Debt issue costs, net                                    5,050                                                               5,050
Equity investments in affiliates                         2,791                                             (15,818)          2,791
Notes receivable due from affiliates                    18,336                                                               2,518
Other assets                                               693                                                                 693
                                                     ---------        ---------       ---------          ---------       ---------
     Totals                                          $ 286,198        $  34,816       $  12,553          $ (24,455)      $ 309,112
                                                     =========        =========       =========          =========       =========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
   Revolving loan                                    $  39,034                                                           $  39,034
   Accounts payable                                     37,424        $  11,199       $   4,239          $    (107)         52,755
   Accrued liabilities                                  15,622            2,824           1,034                             19,480
   Accrued interest                                      5,584                                                               5,584
   Accrued compensation                                  6,092              387           1,670                              8,149
   Income taxes payable                                     69                                                                  69
   Current maturities of long-term debt                 11,564                                                              11,564
                                                     ---------        ---------       ---------          ---------       ---------
                                                       115,389           14,410           6,943               (107)        136,635
     Total current liabilities

Long-term debt due after one year                      156,747                                                             156,747
Deferred income taxes                                      117            1,237                                              1,354
Note payable to affiliates                                               10,532          11,068            (21,600)

STOCKHOLDERS' EQUITY
Common stock                                                              5,850           2,944             (8,794)
Additional paid-in capital                                  94                                                                  94
Retained earnings                                       13,873            2,787          (8,833)             6,046          13,873
Accumulated other comprehensive income                     (22)                             431                                409
                                                     ---------        ---------       ---------         ----------       ---------
   Total stockholders' equity                           13,945            8,637           5,458             (2,748)         14,376
                                                     ---------        ---------       ---------         ----------       ---------
     Totals                                          $ 286,198        $  34,816       $  12,553         $  (24,455)      $ 309,112
                                                     =========        =========       =========         ==========       =========
</TABLE>



                                       8
<PAGE>   9
                             LDM TECHNOLOGIES, INC.
   Condensed Consolidating Balance Sheet as of September 26, 1999 (Unaudited)
                             (dollars in thousands)

<TABLE>
<CAPTION>

                                                         LDM
                                                    Technologies,        LDM        Nonguarantor     Consolidating
                                                        Inc.           Canada       Subsidiaries        Entries        Consolidated
                                                   -------------     ----------     ------------    ---------------    ------------
<S>                                                <C>               <C>            <C>             <C>                <C>

ASSETS
Current assets:
   Cash                                              $   2,184                       $   2,133                             4,317
   Accounts receivable                                  60,613       $  13,748           5,073                            79,434
   Raw materials                                         9,456           1,941           1,430                            12,827
   Work in process                                       1,336             240             296                             1,872
   Finished goods                                        4,977             692             415                             6,084
   Mold costs                                           10,193           2,379             134                            12,706
   Refundable income taxes                               1,312              73                                             1,385
   Deferred income taxes                                 1,947                                                             1,947
   Other current assets                                  1,817             143                                             1,960
                                                     ---------       ---------       ---------          ---------      ---------
     Total current assets                               93,835          19,216           9,481                           122,532

Net property, plant and equipment, at cost             102,017          14,650           4,449                           121,116
Investment in subsidiaries and affiliates               10,269                                           $ (8,178)         2,091
Note receivable affiliates                              17,175                                            (16,280)           895
Goodwill                                                59,688                                                            59,688
Debt issue costs                                         5,126                                                             5,126
Other                                                      695                                                               695
                                                     ---------       ---------       ---------          ---------      ---------
     Totals                                          $ 288,805       $  33,866       $  13,930          ($ 24,458)     $ 312,143
                                                     =========       =========       =========          =========      =========


LIABILITIES AND STOCKHOLDERS'
EQUITY
Current liabilities:
   Lines of credit and revolving loan                $  33,276                                                            33,276
   Accounts payable                                     39,231       $  11,300       $   4,635          ($     46)        55,120
   Accrued liabilities                                  14,004           2,420           1,552                            17,976
   Accrued interest                                      3,599                                                             3,599
   Accrued compensation                                  5,988             282           1,718                             7,988
   Current maturities of long-term debt                 11,564                                                            11,564
                                                     ---------       ---------       ---------          ---------      ---------
     Total current liabilities                         107,662          14,002           7,905                (46)       129,523

Long-term debt due after one year                      168,262          10,532          10,897            (21,429)       168,262
Deferred income taxes                                      284           1,154                                             1,438

STOCKHOLDERS' EQUITY
Common stock                                                             5,850           2,943             (8,793)
Additional paid-in capital                                  94                                                                94
Retained earnings                                       12,525           2,328          (8,138)             5,810         12,525
Accumulated other comprehensive income                     (22)                            323                               301
                                                     ---------       ---------       ---------          ---------      ---------
   Total stockholders' equity (loss)                    12,597           8,178          (4,872)            (2,983)        12,920
                                                     ---------       ---------       ---------          ---------      ---------
   Total liabilities and stockholders' equity        $ 288,805       $  33,866       $  13,930          ($ 24,458)     $ 312,143
                                                     =========       =========       =========          =========      =========

</TABLE>



                                       9
<PAGE>   10


                            LDM TECHNOLOGIES, INC.
            Condensed Consolidating Statement of Operations for Three
                   Months ended December 19, 1999 (Unaudited)
                             (dollars in thousands)

<TABLE>
<CAPTION>


                                               LDM
                                          Technologies,           LDM          Nonguarantor       Consolidating
                                               Inc.             Canada         Subsidiaries          Entries          Consolidated
                                          ---------------    --------------   ----------------   ----------------    ---------------
<S>                                       <C>               <C>               <C>               <C>                  <C>
Revenues:
   Net product sales                             $92,601           $18,340             $7,988                              $118,929
   Net mold sales                                  6,467                                                                      6,467
                                          --------------     -------------    ---------------    ---------------     --------------
                                                  99,068            18,340              7,988                               125,396
Cost of Sales
   Cost of product sales                          70,995            17,276              7,767                                96,038
   Cost of mold sales                              6,454                                                                      6,454
                                          --------------     -------------    ---------------    ---------------     --------------
                                                  77,449            17,276              7,767                               102,492
                                          --------------     -------------    ---------------    ---------------     --------------
Gross Margin                                      21,619             1,064                221                                22,904

Selling, general and administrative
expenses                                          14,550               308                496                                15,354
                                          --------------     -------------    ---------------    ---------------     --------------

Operating profit (loss)                            7,069               756               (275)                                7,550
Interest expense                                  (4,653)             (274)              (161)              $435             (4,653)
Other income (expense), net                          475               156               (259)              (435)               (63)
Equity in net loss of subsidiaries
and affiliates                                      (465)                                                    236               (229)
                                          --------------     -------------    ---------------    ---------------     --------------
Income (loss) before income taxes                  2,426               638               (695)               236              2,605

Provision for income taxes                         1,078               179                                                    1,257
                                          --------------     -------------    ---------------    ---------------     --------------
Net income (loss)                                 $1,348              $459              $(695)              $236             $1,348
                                          ==============     =============    ===============    ===============     ==============
</TABLE>



                                       10
<PAGE>   11


                             LDM TECHNOLOGIES, INC.
     Condensed Consolidating Statement of Operations for Three Months Ended
                         December 27, 1998 (Unaudited)
                             (dollars in thousands)

<TABLE>
<CAPTION>

                                               LDM
                                          Technologies,           LDM          Nonguarantor       Consolidating
                                               Inc.             Canada         Subsidiaries          Entries          Consolidated
                                          ---------------    --------------   ----------------   ----------------    ---------------
<S>                                       <C>               <C>               <C>               <C>                  <C>
Revenues:
   Net product sales                            $105,631           $15,544            $11,263                              $132,438
   Net mold sales                                  5,613                18                 27                                 5,658
                                          ---------------    --------------   ----------------   ----------------    ---------------
                                                 111,244            15,562             11,290                               138,096
Cost of Sales
   Cost of product sales                          80,593            14,302             11,865                               106,760
   Cost of mold sales                              6,277                                   23                                 6,300
                                          ---------------    --------------   ----------------   ----------------    ---------------
                                                  86,870            14,302             11,888                               113,060
                                          ---------------    --------------   ----------------   ----------------    ---------------
Gross Margin                                      24,374             1,260               (598)                               25,036

Selling, general and administrative
expenses                                          14,366               283                971                                15,620
                                          ---------------    --------------   ----------------   ----------------    ---------------

Operating profit (loss)                           10,088               977             (1,569)                                9,416
Interest expense                                  (5,299)             (304)              (267)                474            (5,396)
Other income (expense), net                          452               (83)                37                (474)              (68)
Equity in net income of subsidiaries                 201                                                     (201)
                                          ---------------    --------------   ----------------   ----------------    ---------------

Income (loss) before income taxes                  5,362               590             (1,799)               (201)            3,952

Provision (credit) for income taxes                2,803               167               (720)                                2,250
                                          ---------------    --------------   ----------------   ----------------    ---------------
Net income (loss)                                 $2,559              $423            $(1,079)              $(201)           $1,702
                                          ===============    ==============   ================   ================    ===============
</TABLE>





                                        11
<PAGE>   12

                            LDM TECHNOLOGIES, INC.
     Condensed Consolidating Statement of Cash Flows for Three Months Ended
                         December 19, 1999 (Unaudited)
                             (dollars in thousands)
<TABLE>
<CAPTION>

                                                                LDM
                                                            Technologies,       LDM        Nonguarantor
                                                                Inc.          Canada       Subsidiaries      Consolidated
                                                            -------------    ----------    -------------     -------------
<S>                                                         <C>              <C>           <C>               <C>


Net cash provided (used) by operating activities                $(1,692)          $313             $772            $(607)

Cash flows from investing activities
   Additions to property, plant and equipment                    (2,169)         (313)                            (2,482)
  Proceeds from disposal of property, plant and equipment          8,258                                            8,258

                                                            -------------    ----------    -------------     -------------
          Net cash provided (used) by investing activities         6,089         (313)                              5,776


Cash flows from financing activities
  Borrowing (to)/from affiliates                                   (720)                            171             (549)
  Costs associated with debt acquisition                            (73)                                             (73)
  Payments on long-term debt                                    (11,515)                                         (11,515)
  Net proceeds from line of credit borrowings                      5,758                                            5,758
                                                            -------------    ----------    -------------     -------------
          Net cash provided (used) by financing activities       (6,550)                            171           (6,379)
                                                            -------------    ----------    -------------     -------------

Net cash change                                                  (2,153)                            943           (1,210)
Cash at beginning of period                                        2,184                          2,133             4,317
                                                            -------------    ----------    -------------     -------------
Cash at end of period                                                $31       $                 $3,076            $3,107
                                                            =============    ==========    =============     =============

Supplemental information:
Depreciation and amortization                                     $4,911          $522             $352            $5,785
                                                            =============    ==========    =============     =============
</TABLE>






                                        12
<PAGE>   13


                             LDM TECHNOLOGIES, INC.
     Condensed Consolidating Statement of Cash Flows for Three Months Ended
                         December 27, 1998 (Unaudited)
                             (dollars in thousands)
<TABLE>
<CAPTION>


                                                             LDM
                                                         Technologies,       LDM       Nonguarantor   Consolidating
                                                             Inc.          Canada     Subsidiaries       Entries      Consolidated
                                                         -------------   -----------  -------------   -------------  --------------
<S>                                                      <C>             <C>          <C>              <C>            <C>


Net cash provided by operating activities                   $ 4,663      $   325        $ 1,451                       $ 6,439

Cash flows from investing activities
   Additions to property, plant and equipment                (3,539)        (119)          (386)                       (4,044)
  Disbursements on notes receivable to affiliates              (204)                                     $   204
                                                            -------      -------        -------          -------      -------
                 Net cash used for investing activities      (3,743)        (119)          (386)             204       (4,044)


Cash flows from financing activities
Costs associated with debt acquisition                          (68)           2            202                           (68)
Proceeds from long-term debt                                                                                 204
Payments on long-term debt                                   (2,996)                                                   (2,996)
Net proceeds (repayment) from online of credit
  borrowings                                                  1,501                        (554)                          947
                                                            -------        ------        -------         -------      -------
       Net cash provided (used) by financing activities      (1,563)           2           (352)            (204)      (2,117)
                                                            -------      -------        -------          -------      -------

Net cash change                                                (643)         208            713                           278
Cash at beginning of period                                     673        1,317          1,327                         3,317
                                                            -------      -------        -------          -------      -------
Cash at end of period                                       $    30      $ 1,525        $ 2,040          $            $ 3,595
                                                            =======      =======        =======          =======      =======
Supplemental information:
Depreciation and amortization                               $ 4,228      $   470        $   431          $            $ 5,129
                                                            =======      =======        =======          =======      =======
</TABLE>


                                       13
<PAGE>   14


          MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                           AND RESULTS OF OPERATIONS


This Management's Discussion and Analysis of Financial Condition and Results of
Operations contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this section, the words
"anticipate,""believe,""estimate"and "expect"and similar expressions are
generally intended to identify forward-looking statements. Readers are cautioned
that any forward-looking statements, including statements regarding the intent,
belief or current expectations of the Company or its management, are not
guarantees of future performance and involve risks and uncertainties, and that
the actual results may differ materially from those in the forward-looking
statements as a result of various factors including, but not limited to: (i)
general economic conditions in the markets in which the Company operates; (ii)
fluctuations in worldwide or regional automobile and light and heavy truck
production; (iii) labor disputes involving the Company or its significant
customers; (iv) changes in practices and/or policies of the Company's
significant customers toward outsourcing automotive components and systems; (v)
foreign currency and exchange fluctuations; (vi) factors affecting the ability
of the Company or its key suppliers to resolve Year 2000 issues in a timely
manner; and (vii) other risks detailed from time to time in the Company's
filings with the Securities and Exchange Commission. The Company does not intend
to update these forward-looking statements.

OVERVIEW

The Company's financial results for the quarter ended December 19, 1999 continue
to reflect the positive impact of its strategic initiatives, which include
recent acquisitions and divestitures.

The Company closed its quarter ended December 19, 1999 one week early to allow
for Year 2000 testing. The quarter ended December 19, 1999 contains 12 weeks
versus a 13 weeks quarter for the preceding year. As a result, certain fixed
costs may appear higher as a percentage of sales in the quarter ended December
19, 1999 compared to the quarter ended December 27, 1998. The week ended
December 26, 1999 resulted in product sales of $6,754. Management estimates that
pretax income would have increased by 15% of such sales if this week would have
been included in the first quarter of the Company's fiscal year 2000.

RESULTS OF OPERATIONS

QUARTER ENDED DECEMBER 19, 1999 COMPARED TO THE QUARTER ENDED
DECEMBER 27, 1998

Net sales for the quarter ended December 19, 1999 ("first quarter 2000") were
$125.4 million, a decrease of $12.7 million or 9.2% from the quarter ended
December 27, 1998 ("first quarter 1999"). First quarter 2000 net sales were
comprised of approximately $118.9 million of automotive product sales and $6.5
million of tooling sales. The decline in net sales is primarily the result of
the sale of the Company's Kenco business and the current year 12 week quarter
discussed above.

Gross margin was $22.9 million or 18.3% of net sales for the first quarter 2000
compared with $25.0 million or 18.1% of net sales for the first quarter 1999.
First quarter 2000 gross margin related to automotive product sales was $22.9
million or 19.3% of net product sales compared to $25.3 million or 19.7% of net
product sales for the first quarter of 1999. The slight decline in gross margin
percentage related to product sales is the result of the 12 week quarter
discussed above.

Selling, General and Administrative (SG&A) expense for the first quarter 2000
was $15.4 million, or 12.3% of net sales compared to $15.6 million, or 11.3% of
net sales for the first quarter of 1999. The increase in first quarter 2000 as a
percentage of sales is the result of the 12 week quarter discussed above.

Interest expense for the first quarter 2000 was $4.7 million compared to $5.4
million for the first quarter 1999. The decrease in interest expense is
primarily due to scheduled debt repayments and debt repayment related to the
sale of the Company's blowmolding machinery and equipment.

                                       14
<PAGE>   15


The provision for income taxes for the first quarter 2000 was $1.3 million. The
effective tax rate for the first quarter of 2000 was 48.3% compared to 56.9% for
the first quarter 1999. The high effective rates are due to certain
nondeductible expenses and foreign tax in excess of tax credits.

LIQUIDITY AND CAPITAL RESOURCES

The Company's principal capital requirements are to fund working capital needs,
to meet required debt obligations, and to fund capital expenditures for facility
maintenance and expansion. The Company believes its future cash flow from
operations, combined with its revolving credit availability will be sufficient
to meet its planned debt service, capital requirements, and internal growth
opportunities. Potential growth from acquisitions will be funded from a variety
of sources including cash flow from operations and permitted additional
indebtedness. As of December 19, 1999, the Company had $156.7 million of
long-term debt outstanding, $50.6 million of revolving loans and current
maturities of long-term debt outstanding, and $16.0 million of borrowing
availability under its revolving credit facility.

Cash used by operating activities in first quarter 2000 was $0.6 million
compared to $6.4 million of cash provided by operating activities in the first
quarter 1999. The decrease is due to the timing of customer cash remittances as
they relate to the end of each fiscal quarter.

Capital expenditures for first quarter 2000 were $2.5 million compared to $4.0
million for first quarter 1999. The Company believes its capital expenditures
will be approximately $19.0 million in fiscal year 2000. The majority of the
Company's fiscal year 2000 capital expenditures will be used to facilitate new
programs launching in fiscal year 2000 and to increase painting capacity for
programs launching in fiscal year 2000 and 2001. However, the Company's capital
expenditures may be greater than currently anticipated as the result of new
business opportunities.

The Company's liquidity is affected by both the cyclical nature of its business
and levels of net sales to its major customers. The Company's ability to meet
its working capital and capital expenditure requirements and debt obligations
will depend on its future operating performance, which will be affected by
prevailing economic conditions and financial, business and other factors,
certain of which are beyond its control. However, the Company believes that its
existing borrowing ability and cash flow from operations will be sufficient to
meet its liquidity requirements in the foreseeable future.

YEAR 2000 COMPLIANCE:

GENERAL DESCRIPTION OF THE YEAR 2000 ISSUE AND THE NATURE AND EFFECTS OF THE
YEAR 2000 ON INFORMATION TECHNOLOGY (IT) AND NON-IT SYSTEMS

The Year 2000 Issue is the result of computer programs being written using two
digits rather than four to define the applicable year. Any of the Company's
computer programs or hardware that have date-sensitive software or embedded
chips may recognize a date using "00"as the year 1900 rather than the year
2000. This could result in a system failure or miscalculations causing
disruptions of operations, including, among other things, a temporary inability
to process transactions, send invoices, or engage in similar normal business
activities.

The Company determined that it was required to modify or replace significant
portions of its software and certain hardware so that those systems will
properly utilize dates beyond December 31, 1999. The Company believes that
modifications or replacements of existing software and certain hardware have
mitigated the Year 2000 Issue. However, other matters related to the Year 2000
Issue could have a material impact on the operations of the Company.

The Company's plan to resolve the Year 2000 Issue involved the following four
phases: assessment, remediation, testing, and implementation. To date, the
Company has fully completed its assessment of all systems that could be
significantly affected by the Year 2000. The completed assessment indicated that
most of the Company's significant information technology systems could be
affected, particularly the


                                       15
<PAGE>   16


general ledger, billing, and inventory systems. That assessment also indicated
that software and hardware (embedded chips) used in production and manufacturing
systems (hereafter also referred to as operating equipment) were at risk.
Affected systems include automated assembly lines and related robotic
technologies used in various aspects of the manufacturing process. In addition,
the Company has gathered information about the Year 2000 compliance status of
its significant suppliers and subcontractors and continues to monitor their
compliance.

STATUS OF PROGRESS IN BECOMING YEAR 2000 COMPLIANT, INCLUDING TIMETABLE FOR
COMPLETION OF EACH REMAINING PHASE

For its information technology exposures, the Company has completed all phases
and has fully implemented Year 2000 compliant hardware and software. The Company
has also completed all phases and has upgraded all operating equipment to be
Year 2000 compliant.

NATURE AND LEVEL OF IMPORTANCE OF THIRD PARTIES AND THEIR EXPOSURE TO THE YEAR
2000

The Company's accounts receivable system interfaces directly with significant
customers. The Company has worked with these customers to ensure that the
Company's systems that interface directly with third parties are Year 2000
compliant. We understand that these key customers are in the process of making
their accounts payable systems Year 2000 compliant. Each customer queried
believed that its payable system would be Year 2000 compliant by the end of
1999.

The Company has queried its significant suppliers and subcontractors that do not
share information systems with the Company (external agents). To date, the
Company is not aware of any external agent with a Year 2000 issue that would
materially impact the Company's results of operations, liquidity, or capital
resources. However, the Company has no means of ensuring that external agents
are Year 2000 ready. The inability of external agents to complete their Year
2000 resolution process in a timely fashion could materially impact the Company.
The effect of non-compliance by external agents is not determinable.

COST

The Company has utilized both internal and external resources to reprogram, or
replace, test, and implement the software and operating equipment for Year 2000
modifications. The total cost of the Year 2000 project approximated $7 million,
and was funded through operating cash flows. The total expenditures were
comprised of $4 million of new hardware, software, and operating equipment which
was capitalized, and the remaining $3 million relates to repairs and
implementation costs which were expensed as incurred. Such expenditures were
incurred during the Company's 1998 and 1999 fiscal years.

RISKS

Management of the Company believes it completed an effective program to resolve
the Year 2000 Issue in a timely manner. As noted above, the Company has
completed all necessary phases of the Year 2000 program. Disruptions in the
economy generally resulting from the Year 2000 Issue could also materially
adversely affect the Company. The amount of potential liability and lost revenue
cannot be reasonably estimated at this time.

CONTINGENCY PLAN

The Company had contingency plans for certain critical applications. These
contingency plans involved, among other actions, manual workarounds, increasing
inventories, and adjusting staffing strategies.


                                       16
<PAGE>   17

YEAR 2000 DISCLOSURE CHART
<TABLE>
<CAPTION>

----------------------------- -------------------- ---------------------- --------------------- ----------------------
                                  ASSESSMENT            REMEDIATION             TESTING            IMPLEMENTATION
----------------------------- -------------------- ---------------------- --------------------- ----------------------
<S>                           <C>                  <C>                    <C>                   <C>
Information Technology        100% complete        100% complete          100% complete         100% complete
----------------------------- -------------------- ---------------------- --------------------- ----------------------
Operating Equipment with      100% complete        100% complete          100% complete         100% complete
Embedded Chips or Software
----------------------------- -------------------- ---------------------- --------------------- ----------------------
Products                      100% complete        100% complete          100% complete         100% complete
----------------------------- -------------------- ---------------------- --------------------- ----------------------
Third Party                   100% complete        100% complete          100% complete         100% complete

                                                                                                Implement
                                                                                                contingency plans or
                                                                                                other alternatives
                                                                                                as necessary,
                                                                                                December 1999
----------------------------- -------------------- ---------------------- --------------------- ----------------------
</TABLE>

POST YEAR 2000 ISSUES

As of the date of this filing, the Company has not experienced any disruptions
in its operations and has been able to process transactions and engage in normal
business activities. No issues have been encountered or are anticipated that
would have a material impact on the Company.



                                       17
<PAGE>   18


                                  SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.


                                           LDM TECHNOLOGIES, INC.



                                           By: /s/ Gary E. Borushko
                                               -----------------------------
                                                   Gary E. Borushko
                                                   Chief Financial Officer

                                           By: /s/ Bradley N. Frederick
                                               -----------------------------
                                                   Bradley N. Frederick
                                                   Director of Finance
                                                   Chief Accounting Officer


Dated: February 2, 2000

<PAGE>   19



                                INDEX TO EXHIBITS

             EXHIBIT NO                  DESCRIPTION
             -------------------         -----------------------------
                 27                      Financial Data Schedule