<PAGE>   1


                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

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

                  For the quarterly period ended June 28, 1998

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

                             LDM Technologies, Inc.
             (Exact name of registrant as specified in its charter)

         Michigan                        333-21819              38-2690171
   (State or other jurisdiction         (Commission           (I.R.S. Employer
      of incorporation)                 File Number)         Identification No.)

                 2500 Executive Hills Drive, Auburn Hills, Michigan 48326
                   (Address of principal executive offices) (Zip Code)

   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 common stock outstanding as of August 7, 1998: 600

                                  Total pages:

                              Listing of exhibits:


<PAGE>   2
                             LDM TECHNOLOGIES, INC.

                                      INDEX

                                                             Page No.
                                                             --------
             PART I    FINANCIAL INFORMATION

             ITEM 1    FINANCIAL STATEMENTS (UNAUDITED)

             Condensed Consolidated Balance Sheets, June
               28, 1998 and September 28, 1997                    3

             Condensed Consolidated Statements of Income,
               three months ended June 28, 1998 and 
               June 29, 1997                                      4

             Condensed Consolidated Statements of Income,
               nine months ended June 28, 1998 and 
               June 29, 1997                                      5

             Condensed Consolidated Statements of Cash
               Flows, nine months ended June 28, 1998 
               and June 29, 1997                                  6

             Notes to Condensed Consolidated Financial
               Statements                                         7

             ITEM 2    MANAGEMENT'S DISCUSSION AND ANALYSIS      18
                       OF FINANCIAL CONDITION AND RESULTS OF               
                       OPERATIONS

             PART II   OTHER INFORMATION

             Item 1    Legal Proceedings                         21

             Item 2    Changes in Securities                     21

             Item 3    Defaults upon Senior Securities           21

             Item 4    Submission of Matters to a Vote of
                       Security Holders                          21

             Item 5    Other Information                         21
                                                              
             Item 6    Exhibits and Reports on Form 8-K          21
                       Index to Exhibits
                       Exhibit 27 - Financial Data Schedule

                       Signature Page                            22


                                       2

<PAGE>   3



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

<TABLE>
<CAPTION>


                                                       JUNE 28, 1998   SEPTEMBER 28, 1997
                                                         (UNAUDITED)        (NOTE)
                                                       -------------   ------------------      
       <S>                                                 <C>               <C>        
       ASSETS                                                                          
       Current assets:                                                                 
           Cash                                            $5,981            $4,633    
           Accounts receivable                             76,935            45,811    
           Inventory:                                                                  
                Raw materials                              16,303             8,988    
                Work in process                             1,417             1,626    
                Finished goods                              7,068             4,434    
           Mold costs                                      18,214            13,825    
           Deferred income taxes                            5,098             4,627    
           Other current assets                             2,988             2,054    
                                                         --------          --------    
              Total current assets                        134,004            85,998    
       Net property, plant and equipment                  117,557            82,259    
       Investment in joint venture                          1,398                 -    
       Goodwill, net                                       73,547            36,791    
       Debt issue costs, net                                6,344             5,733    
       Other assets                                           595             1,014    
                                                         --------          --------    
              Totals                                     $333,445          $211,795    
                                                         ========          ========    
                                                                                       
       LIABILITIES AND STOCKHOLDERS' EQUITY                                            
       Current liabilities:                                                            
           Lines of credit and revolving loans            $34,831            $3,530    
           Accounts payable                                42,308            28,152    
           Accrued liabilities                             15,751            13,107    
           Accrued interest                                 6,593             2,555    
           Accrued compensation                             6,524             4,616    
           Advance mold payments from customers             7,003            11,082    
           Income taxes payable                               416             1,249    
           Current maturities of long-term debt             9,621               979    
                                                         --------          --------    
              Total current liabilities                   123,047            65,270    
       Long-term debt due after one year                  178,730           122,261    
       Deferred income taxes                                7,812             3,513    
       Note payable to affiliate                               87                87    
       Minority interest                                      142               279    
                                                                                       
       STOCKHOLDERS' EQUITY                                                            
           Common Stock (par value $.10, issued and                                    
           outstanding 600 shares; authorized                                          
           100,000 shares)                                                             
           Additional paid-in capital                          94                94    
           Retained earnings                               23,575            20,353    
           Foreign currency translation adjustments           (42)              (62)   
                                                         --------          --------    
           Total stockholders' equity                      23,627            20,385    
                                                         --------          --------    
              Totals                                     $333,445          $211,795    
                                                         ========          ========    
</TABLE>


Note: The balance sheet at September 28, 1997 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 contained herein.


                                       3

<PAGE>   4



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


<TABLE>
<CAPTION>
                                                        UNAUDITED
                                                   THREE MONTHS ENDED
                                              JUNE 28, 1998    JUNE 29, 1997
                                            ---------------- -----------------  
<S>                                              <C>              <C>
                  Revenues:
                      Net product sales          $124,541         $77,821 
                      Net mold sales               19,694           4,539 
                                                 --------         ------- 
                                                  144,235          82,360 
                  Cost of Sales                                           
                      Cost of product sales       102,639          59,502 
                      Cost of mold sales           16,737           4,209 
                                                 --------         ------- 
                                                  119,376          63,711 
                                                 --------         ------- 
                  Gross Margin                     24,859          18,649 
                                                                          
                  Selling, general and                                    
                    administrative expenses        16,326          10,393 
                                                 --------         ------- 
                                                                          
                  Operating profit                  8,533           8,256 
                  Interest expense                 (5,442)         (3,405)
                  Foreign currency exchange                               
                    loss                              (66)            -   
                  Equity in joint venture loss       (218)            -   
                  Gain on sale of land and                                
                    building                          -               215 
                  Other income                         18             115 
                                                 --------         ------- 
                                                                          
                  Income before income taxes                              
                    and minority interest           2,825           5,181 
                                                                          
                  Provision for income taxes        1,331           1,941 
                                                 --------         ------- 
                  Income before minority                                  
                    interest                        1,494           3,240 
                  Minority interest                    66              (7)
                                                 --------         ------- 
                  Net income                     $  1,560         $ 3,233 
                                                 ========         ======= 

</TABLE>

See notes to condensed consolidated financial statements.


                                       4

<PAGE>   5



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

<TABLE>
<CAPTION>
                                                        UNAUDITED
                                                    NINE MONTHS ENDED
                                           JUNE 28, 1998       JUNE 29, 1997
                                           ---------------------------------   
<S>                                             <C>               <C>
                Revenues:
                    Net product sales           $336,255          $197,337 
                    Net mold sales                34,166            17,901 
                                                --------          -------- 
                                                 370,421           215,238 
                Cost of Sales                                              
                    Cost of product sales        276,822           157,142 
                    Cost of mold sales            30,491            16,926 
                                                --------          -------- 
                                                 307,313           174,068 
                                                --------          -------- 
                Gross Margin                      63,108            41,170 
                                                                           
                Selling, general and                                       
                  administrative expenses         41,995            25,521 
                                                --------          -------- 
                                                                           
                Operating profit                  21,113            15,649 
                Interest expense                 (14,410)           (7,386)
                Foreign currency exchange loss      (735)              -   
                Equity in joint venture loss        (218)              -   
                Gain on sale of land and                                   
                  building                           -                 215 
                Other income                         210               369 
                                                --------          -------- 
                                                                           
                Income before income taxes                                 
                  and minority interest            5,960             8,847 
                                                                           
                Provision for income taxes         2,880             3,331 
                                                --------          -------- 

                Income before minority                                     
                  interest                         3,080             5,516 
                Minority interest                    142                79 
                                                --------          -------- 
                Net income                      $  3,222          $  5,595 
                                                ========          ======== 


</TABLE>

See notes to condensed consolidated financial statements.


                                       5

<PAGE>   6
 

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


<TABLE>
<CAPTION>
                                                                                         UNAUDITED
                                                                                     NINE MONTHS ENDED
                                                                               JUNE 28, 1999  JUNE 29, 1997
                                                                               -------------  -------------   
       <S>                                                                      <C>              <C>        
       NET CASH PROVIDED BY OPERATING ACTIVITIES                                $  16,889        $   9,234  
                                                                                                            
       CASH FLOWS FROM INVESTING ACTIVITIES                                                                 
           Additions to property, plant and equipment                               (7,708)        (10,850) 
           Proceeds from disposal of property, plant                                                        
           and equipment                                                               186           1,536  
           Use of investments restricted to property,                                                       
           plant and equipment                                                                         658  
           Purchase of Molmec, Inc., net of $2,705                                                          
           cash acquired                                                                           (53,198) 
           Purchase of Kendallville                                                                 (6,878) 
           Purchase of Huron Plastics Group, net of                                                         
           $1,835 cash acquired                                                    (66,780)                 
           Purchase of LDM Germany                                                  (9,706)                 
           Purchase of Kenco Plastics, net of $500                                                          
           cash acquired                                                           (26,641)                 
                                                                                ----------       ---------  
                       NET CASH USED FOR INVESTING ACTIVITIES                     (110,649)        (68,732) 
                                                                                                            
       CASH FLOWS FROM FINANCING ACTIVITIES                                                                 
       Proceeds from long-term debt issuance, net of                                                        
           issuance costs of $1,313 in 1998, $5,911 in 1997                         65,566         104,089  
       Payments on long-term debt                                                   (2,119)        (22,039) 
       Net borrowings (repayments) on lines of credit                               31,661         (19,212) 
                                                                                ----------       ---------  
                                                                                                            
                       NET CASH PROVIDED BY FINANCING ACTIVITIES                    95,108          62,838  
                                                                                ----------       ---------  
                                                                                                            
       Net cash change                                                               1,348           3,340  
       Cash at beginning of period                                                   4,633           2,122  
                                                                                ----------       ---------  
       Cash at end of period                                                    $    5,981       $   5,462  
                                                                                ==========       =========  
                                                                                                            
       SUPPLEMENTAL INFORMATION:                                                                            
       Depreciation and amortization                                            $   13,939       $   8,189  
                                                                                ==========       =========  
</TABLE>

See notes to condensed consolidated financial statements.


                                       6

<PAGE>   7



                             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 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 and nine-month periods ended June
1998 are not necessarily indicative of the results that may be expected for the
year ending September 27, 1998. For further information, refer to the
consolidated financial statements and footnotes thereto in the Company's annual
report on Form 10-K for the year ended September 28, 1997.

2.    PURCHASES OF MOLMEC,  AEROQUIP  KENDALLVILLE  - INDIANA  FACILITY,  KENCO 
      PLASTICS, AEROQUIP BEIENHEIM - GERMAN FACILITY, AND HURON PLASTICS GROUP

On January 22, 1997, the Company purchased the business and certain net assets
of Molmec, Inc. (a manufacturer of automotive under the hood plastics products)
for approximately $55.9 million. The acquisition was financed by the issuance of
debt as described in note 3.

On April 25, 1997, the Company purchased the business and certain net assets of
Aeroquip, Inc.'s Kendallville, Indiana Facility (a manufacturer of automotive
plastic air register vents). The purchase price was approximately $7.2 million.
The acquisition was financed with working capital.

On September 30, 1997, the Company acquired the entire voting stock of Kenco
Plastics, Inc. (Michigan) and Kenco Plastics, Inc. (Kentucky) and the business
and net tangible assets of Narens Design and Engineering, Inc. for approximately
$27.1 million in cash. The acquisition was financed with additional borrowings
under the existing Senior Credit Facility.

On November 25, 1997, the Company acquired the business and certain net assets
comprising the `Beienheim' plant of Aeroquip Corporation for approximately $9.1
million in cash. The acquisition was financed with additional borrowings under
the existing Senior Credit Facility.

On February 6, 1998, LDM acquired the stock of Huron Plastics Group, Inc. and
substantially all the assets of Tadim, Inc. (collectively referred to herein as
"HPG") for $69.0 million in cash and the assumption of certain liabilities. The
transaction was funded with proceeds from a $66.0 million dollar term loan
issued by the Company's senior lender. HPG's sales and net income for its fiscal
year ended March 31, 1997 were $88.1 million and $0.8 million, respectively. HPG
manufactures a wide variety of interior trim and underhood components for many
automotive customers, including Ford, Chrysler, General Motors, Bundy, TRW, and
Johnson Controls.

The pro forma unaudited results of operations for the nine months ended June 28,
1998 and June 29, 1997, assuming consummation of the above described purchases
and issuance of the debt as described in note 3 had occurred on September 30,
1996, are as follows:


                                       7

<PAGE>   8



                              For nine months ended
                             (dollars in thousands)
                           June 28, 1998        June 29, 1997
                          ---------------      ---------------
    Net sales                  $412,776             $347,896
    Net income                   $2,605               $3,556

3.    ISSUANCE OF DEBT

On January 22, 1997, the Company issued $110 million aggregate principal amount
of its 10 3/4% Senior Subordinated Notes due 2007. The net proceeds, which
amounted to approximately $105 million, were used to repay debt in default
amounting to $37.8 million, to repay the $3 million note payable to a former
shareholder, to fund the Molmec acquisition described in note 2, and for general
corporate purposes. In addition, the Company obtained a new Senior Credit
Facility, which provides available borrowings of $75 million under revolving
loans.

On April 6, 1998, the Company secured additional financing from Bank of America,
its current senior lender. The financing was comprised of a $66.0 million term
loan and an additional $10.0 million, capital expenditure line of credit
facility. The term loan and line of credit facility bear interest at the prime
rate plus .5% or libor plus 2.5%. Proceeds from the term loan were used to fund
the HPG purchase. No draws have been made on the additional capital expenditure
line of credit facility to date.

4.    COMMITMENTS AND CONTINGENCIES

On February 20, 1998, the Company settled a lawsuit for damages and specific
performance of a contract related to certain equipment purchase obligations,
which resulted in a reversal to income of $0.4 million from the previously
recorded estimated settlement reserve.

In March 1998, the Company settled an outstanding notification of violation of
certain permitted air emission levels at one of its plants. The amount of the
settlement was $170,000. At September 28, 1997, the Company had a related
reserve for $160,000. The additional $10,000 was expensed in the current
quarter.

5.    SUPPLEMENTAL GUARANTOR INFORMATION

The $110 million 10 3/4% Senior Subordinated Notes due 2007, the Senior Credit
Facility, and the standby letter of credit with respect to the $8.8 million
Multi-Option Adjustable Rate Notes are obligations of LDM Technologies, Inc.,
and are guaranteed fully, unconditionally and jointly and severally by LDM
Technologies Company, ("LDM Canada") and certain holding companies (LDM Holdings
L.L.C., and LDM Canada Limited Partnership). Non-guarantor subsidiaries consist
of Como, a 75% owned subsidiary, and LDM Germany ("Beienheim"), a wholly owned
subsidiary.

Supplemental consolidating financial information of LDM Technologies, Inc., the
guarantor subsidiaries, and the nonguarantor subsidiaries is presented below.


                                       8

<PAGE>   9



                             LDM TECHNOLOGIES, INC.
            Condensed Consolidating Balance Sheet as of June 28, 1998
                                   (unaudited)
                             (dollars in thousands)

<TABLE>
<CAPTION>
                                         LDM                                                                                       
                                       Technologies    Guarantor      Nonguarantor     Consolidating                               
                                         Inc.          Subsidiaries   Subsidiaries       Entries      Consolidated                  
                                      -----------     -------------  --------------   --------------  -------------                 
<S>                                   <C>             <C>             <C>             <C>             <C>                       
ASSETS                                                                                                                             
Current assets:                                                                                                                    
    Cash                              $     503       $   3,631       $   1,847       $               $   5,981                    
    Accounts receivable                  65,020           8,894           5,743          (2,812)         76,935                    
    Notes receivable due                                                                                                           
         from affiliates                 22,255           3,478                         (25,733)                                  
    Inventory:                                                                                                                     
         Raw materials                   12,155           1,255           2,893                          16,303              
         Work in process                  1,104             113             200                           1,417              
         Finished goods                   6,138             573             357                           7,068              
    Mold costs                            8,201           4,109           5,904                          18,214              
    Deferred income taxes                 4,898                             200                           5,098                   
    Other current assets                  2,792              55             141                           2,988              
                                      ---------       ---------       ---------       ---------       ---------                    
      Total current assets              123,066          22,198          17,285         (28,545)        134,004                    
                                                                                                                                   
Net property, plant and                                                                                                            
    equipment                            95,841          14,713           7,003                         117,557                    
Investment in                                                                                                                      
subsidiaries                              7,937                                          (6,539)          1,398                    
Goodwill, net                            73,547                                                          73,547                    
Debt issue costs, net                     6,344                                                           6,344                    
Other assets                                539                              56                             595                    
                                      ---------       ---------       ---------       ---------       ---------                    
      Totals                          $ 307,274       $  36,911       $  24,344       $ (35,084)      $ 333,445                    
                                      =========       =========       =========       =========       =========                    
                                                                                                                                   
LIABILITIES AND STOCKHOLDERS'                                                                                                      
EQUITY                                                                                                                             
Current liabilities:                                                                                                               
    Lines of credit and                                                                                                            
      revolving loans                 $  32,659       $               $   2,172       $               $  34,831                    
    Accounts payable                     33,839           5,882           5,670           (3083)         42,308                    
    Accrued liabilities                  11,542           2,713           1,496                          15,751                    
    Accrued interest                      6,593                                                           6,593                    
    Accrued compensation                  4,082             380           2,062                           6,524                    
    Advance mold payments from                                                                                                     
      customers                                           5,122           1,881                           7,003                    
    Income taxes payable                  1,675                          (1,259)                            416                    
    Current maturities of                                                                                                          
      long-term debt                      9,621                                                           9,621                    
                                      ---------       ---------       ---------       ---------       ---------                    
      Total current liabilities         100,011          14,097          12,022          (3,083)        123,047                    
Long-term debt due after                                                                                                           
    one year                            178,727               3                                         178,730                    
Deferred income taxes                     5,791           1,707             314                           7,812                    
Note payable to affiliates                               15,408          10,138         (25,459)             87                    
Minority interest                           142                                                             142                    
                                                                                                                                   
STOCKHOLDERS' EQUITY                                                                                                               
    Common stock                                          5,857               1          (5,858)                                   
    Additional paid-in capital               94                             126            (126)             94                    
    Retained earnings                    22,571            (161)          1,723            (558)         23,575                    
    Foreign currency                                                                                                               
      translation adjustments               (62)                             20                             (42)                   
                                      ---------       ---------       ---------       ---------       ---------                    
    Total stockholders' equity           22,603           5,696           1,870          (6,542)         23,627                    
                                      ---------       ---------       ---------       ---------       ---------                    
      Totals                          $ 307,274       $  36,911       $  24,344       $ (35,084)      $ 333,445                    
                                      =========       =========       =========       =========       =========                    
</TABLE>

                                       9

<PAGE>   10



                             LDM TECHNOLOGIES, INC.
         Condensed Consolidating Balance Sheet as of September 28, 1997
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>

                                          LDM                                                                               
                                       Technologies    Guarantor     Nonguarantor    Consolidating                          
                                          Inc.       Subsidiaries    Subsidiaries      Entries        Consolidated          
                                      -----------   --------------  --------------  ---------------  ---------------        
<S>                                   <C>             <C>             <C>             <C>                <C>                
ASSETS                                                                                                                      
Current assets:                                                                                                             
    Cash                              $      12       $   4,598       $      23                       $   4,633             
    Accounts receivable                  40,102           6,688           1,773       ($  2,752)         45,811             
    Notes receivable due                                                                                                    
         from affiliates                 16,098                                         (16,098)                            
     Inventory:                                                                                                             
         Raw materials                    6,046           1,422           1,520                           8,988             
         Work in process                  1,173             310             143                           1,626             
         Finished goods                   3,674             382             378                           4,434             
    Mold costs                            3,887           8,902           1,036                          13,825             
    Deferred income taxes                 1,852           2,575             200                           4,627             
    Other current assets                  1,851             121              82                           2,054             
                                      ---------       ---------       ---------       ---------       ---------             
      Total current assets               74,695          24,998           5,155         (18,850)         85,998             
                                                                                                                            
Net property, plant and                                                                                                     
  equipment                              64,073          16,239           1,947                          82,259             
Investment in                                                                                                               
subsidiaries                              4,536                                          (4,536)                            
Goodwill, net                            36,791                                                          36,791             
Debt issue costs, net                     5,733                                                           5,733             
Other assets                                680                            334                            1,014             
                                      ---------       ---------       ---------       ---------       ---------             
    Totals                            $ 186,508       $  41,237       $  7,436         ($23,386)      $ 211,795             
                                      =========       =========       =========       =========       =========             
                                                                                                                            
LIABILITIES AND STOCKHOLDERS'                                                                                               
EQUITY                                                                                                                      
Current liabilities:                                                                                                        
    Lines of credit and                                                                                                     
      revolving loans                 $   1,700                       $   1,830                       $   3,530             
    Accounts payable                     21,262       $   7,802           2,260         ($3,172)         28,152             
    Accrued liabilities                  10,236           2,070             801                          13,107             
    Accrued interest                      2,555                                                           2,555             
    Accrued compensation                  3,895             286             435                           4,616             
    Advance mold payments from                                                                                              
      customers                                          10,102             980                          11,082             
    Income taxes payable                  1,631               8            (390)                          1,249             
    Current maturities of                                                                                                   
      long-term debt                        881                              98                             979             
                                      ---------       ---------       ---------       ---------       ---------             
      Total current liabilities          42,160          20,268           6,014          (3,172)         65,270             
Long-term debt due after                                                                                                    
      one year                          122,256               5                                         122,261             
Deferred income taxes                     1,490           1,709             314                           3,513             
Note payable to affiliates                               15,408             350         (15,671)             87             
Minority interest                           279                                                             279             
                                                                                                                            
STOCKHOLDERS' EQUITY                                                                                                        
    Common stock                                          5,857               1          (5,858)                            
    Additional paid-in capital               94                             126            (126)             94             
    Retained earnings                    20,291          (2,010)            631           1,441          20,353             
    Foreign currency                                                                                                        
      translation adjustments               (62)                                                            (62)            
                                      ---------       ---------       ---------       ---------       ---------             
     Total stockholders' equity          20,323           3,847             758          (4,543)         20,385             
                                      ---------       ---------       ---------       ---------       ---------             
      Totals                          $ 186,508       $  41,237       $   7,436        ($23,386)      $ 211,795             
                                      =========       =========       =========       =========       =========             
</TABLE>

                                       10

<PAGE>   11
                             LDM TECHNOLOGIES, INC.
             Condensed Consolidating Statement of Operations for the
                        Three-Months Ended June 28, 1998
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>

                                 LDM
                              Technologies   Guarantor      Nonguarantor   Consolidating
                                 Inc.       Subsidiaries    Subsidiaries     Entries      Consolidated
                             -------------  ------------   --------------  -------------  -------------      
<S>                          <C>             <C>             <C>             <C>             <C>
Revenues:
     Net product sales       $  98,771       $  15,115       $  10,712       $     (57)      $ 124,541
     Net mold sales              6,257          13,665            (228)                         19,694
                             ---------       ---------       ---------       ---------       ---------
                               105,028          28,780          10,484             (57)        144,235
Cost of Sales
     Cost of product sales      79,057          12,993          10,646             (57)        102,639
     Cost of mold sales          5,186          11,798            (247)                         16,737
                             ---------       ---------       ---------       ---------       ---------
                                84,243          24,791          10,399             (57)        119,376
                             ---------       ---------       ---------       ---------       ---------

Gross Margin                    20,785           3,989              85                          24,859

Selling, general and
     administrative expenses    14,843             305           1,178                          16,326
                             ---------       ---------       ---------       ---------       ---------

Operating profit (loss)          5,942           3,684          (1,093)                          8,533
Interest expense                (5,417)           (411)           (236)            622          (5,442)
Foreign currency
     exchange gain/(loss)                         (192)            126                             (66)
Equity in joint
     venture loss                 (218)                                                           (218)
Other income (expense), net        648               9             (17)           (622)             18
Equity in net income of 
     subsidiaries                1,201                                          (1,201)
                             ---------       ---------       ---------       ---------       ---------

Income (loss) before income 
     taxes and minority 
     interest                    2,156           3,090          (1,220)         (1,201)          2,825

Provision (credit) for
     income taxes                  662           1,149            (480)                          1,331
                             ---------       ---------       ---------       ---------       ---------
Income (loss) before
     minority interest           1,494           1,941            (740)         (1,201)          1,494
Minority interest                   66                                                              66
                             ---------       ---------       ---------       ---------       ---------
Net income (loss)            $   1,560       $   1,941       $    (740)      $  (1,201)      $   1,560
                             =========       =========       =========       =========       =========
</TABLE>


                                       11

<PAGE>   12
                             LDM TECHNOLOGIES, INC.
             Condensed Consolidating Statement of Operations for the
                        Three-Months Ended June 29, 1997
                                   (unaudited)
                             (dollars in thousands)

<TABLE>
<CAPTION>


                                        LDM                                                                  
                                     Technologies   Guarantor    Nonguarantor    Consolidating               
                                        Inc.       Subsidiaries   Subsidiaries     Entries     Consolidated  
                                    ------------- -------------- -------------- -------------- ------------  
<S>                                  <C>            <C>            <C>               <C>         <C>         
Revenues:                                                                                                    
     Net product sales               $ 63,467       $ 10,203       $  4,469          ($318)      $ 77,821    
     Net mold sales                     2,868            212          1,459                         4,539    
                                     --------       --------       --------        -------       --------                          
                                       66,335         10,415          5,928           (318)        82,360    
Cost of Sales                                                                                                
     Cost of product sales             46,274          9,325          4,221           (318)        59,502    
     Cost of mold sales                 2,834            124          1,251                         4,209    
                                     --------       --------       --------        -------       --------
                                       49,108          9,449          5,472           (318)        63,711    
                                     --------       --------       --------        -------       --------
                                                                                                             
Gross Margin                           17,227            966            456                        18,649    
                                                                                                             
Selling, general and                                                                                                          
    administrative expenses             9,517            489            387                        10,393    
                                     --------       --------       --------        -------       --------
                                                                                                             
Operating profit (loss)                 7,710            477             69                         8,256    
Interest expense                       (3,331)          (438)           (65)           429         (3,405)   
Gain on sale of land and building         215                                                         215    
Other income, net                         511             29              4           (429)           115    
Equity in net income of                                                                                                    
    subsidiaries                           58                                          (58)                  
                                     --------       --------       --------        -------       --------
                                                                                                             
Income before income                                                                                                       
    taxes and minority interest         5,163             68              8            (58)         5,181    
Provision for income taxes              1,923                            18                         1,941    
                                     --------       --------       --------        -------       --------
Income (loss) before minority                                                                                              
    interest                            3,240             68            (10)           (58)         3,240    
Minority interest loss                     (7)                                                         (7)   
                                     --------       --------       --------        -------       -------- 
Net income (loss)                    $  3,233       $     68           ($10)          ($58)      $  3,233    
                                     ========       ========       ========        =======       ========   
</TABLE>


                                       12

<PAGE>   13
                             LDM TECHNOLOGIES, INC.
                 Condensed Consolidating Statement of Operations
                     for the Nine-Months Ended June 28, 1998
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>

                                   LDM                                                                        
                                 Technologies    Guarantor     Nonguarantor     Consolidating                 
                                   Inc.         Subsidiaries   Subsidiaries        Entries     Consolidated   
                                -------------  -------------- --------------   --------------- -------------  
<S>                              <C>              <C>             <C>              <C>           <C>          
Revenues:                                                                                                     
     Net product sales          $ 269,429       $  38,768       $  28,452       $    (393)      $ 336,255     
     Net mold sales                19,698          13,848             620                          34,166     
                                ---------       ---------       ---------       ---------       ---------     
                                  289,126          52,616          29,072            (393)        370,421     
Cost of Sales                                                                                                 
     Cost of product sales        215,279          33,706          28,230            (393)        276,822     
     Cost of mold sales            18,074          11,949             468                          30,491     
                                ---------       ---------       ---------       ---------       ---------     
                                  233,353          45,655          28,698            (393)        307,313     
                                ---------       ---------       ---------       ---------       ---------     
                                                                                                              
Gross Margin                       55,773           6,961             374                          63,108     
                                                                                                              
Selling, general and 
     administrative expenses       38,497             975           2,523                          41,995     
                                ---------       ---------       ---------       ---------       ---------     
                                                                                                              
Operating profit (loss)            17,276           5,986          (2,149)                         21,113     
Interest expense                  (14,294)         (1,247)           (587)          1,718         (14,410)    
Foreign currency exchange loss                       (504)           (231)                           (735)    
Equity in joint venture loss         (218)                                                           (218)    
Other income (expense), net         1,765             213             (50)         (1,718)            210     
Equity in net income of                                                                                                     
     subsidiaries                     861                                            (861)                    
                                ---------       ---------       ---------       ---------       ---------     

Income (loss) before income                                                                                                 
     taxes and minority 
     interest                       5,390           4,448          (3,017)           (861)          5,960     
                                                                                                              
Provision (credit) for income                                                                                                    
     taxes                          2,310           1,734          (1,164)                          2,880     
                                ---------       ---------       ---------       ---------       ---------     
Income (loss) before minority                                                                                               
     interest                       3,080           2,714          (1,853)           (861)          3,080     
Minority interest                     142                                                             142     
                                ---------       ---------       ---------       ---------       ---------     
Net income (loss)               $   3,222       $   2,714       $  (1,853)      $    (861)      $   3,222     
                                =========       =========       =========       =========       =========     
</TABLE>


                                       13

<PAGE>   14



                             LDM TECHNOLOGIES, INC.
                 Condensed Consolidating Statement of Operations
                     for the Nine-Months Ended June 29, 1997
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>

                                       LDM                                                                      
                                    Technologies    Guarantor    Nonguarantor     Consolidating                  
                                       Inc.        Subsidiaries  Subsidiaries       Entries     Consolidated    
                                   -------------- -------------- -------------   ------------- --------------   
<S>                                <C>               <C>             <C>             <C>           <C>          
Revenues:                                                                                                       
     Net product sales             $ 154,769       $  28,445       $  15,259         ($1,136)      $ 197,337    
     Net mold sales                   13,592           1,126           3,183                          17,901    
                                   ---------       ---------       ---------       ---------       ---------    
                                     168,361          29,571          18,442          (1,136)        215,238    
Cost of Sales                                                                                                   
     Cost of product sales           116,034          27,398          14,846          (1,136)        157,142    
     Cost of mold sales               13,230             976           2,720                          16,926    
                                   ---------       ---------       ---------       ---------       ---------    
                                     129,264          28,374          17,566          (1,136)        174,068    
                                   ---------       ---------       ---------       ---------       ---------    
                                                                                                                
Gross Margin                          39,097           1,197             876                          41,170    
                                                                                                                
Selling, general and 
     administrative expenses          22,968           1,202           1,351                          25,521    
                                   ---------       ---------       ---------       ---------       --------    
                                                                                                                
Operating profit (loss)               16,129              (5)           (475)                         15,649    
Interest expense                      (6,836)         (1,166)           (189)            805          (7,386)   
Gain on sale of land and building        215                                                             215    
Other income, net                        766             377              31            (805)            369    
Equity in net loss of subsidiaries      (559)                                            559                    
                                   ---------       ---------       ---------       ---------       ---------    
                                                                                                                
Income (loss) before income                                                                                                   
     taxes and minority interest       9,715            (794)           (633)            559           8,847    
                                                                                                                
Provision for income                                                                                                          
taxes                                  4,113            (579)           (203)                          3,331    
                                   ---------       ---------       ---------       ---------       ---------    
Income (loss) before minority                                                                                                 
     interest                          5,602            (215)           (430)            559           5,516    
Minority interest loss                    (7)                             86                              79    
                                   ---------       ---------       ---------       ---------       ---------    
Net income (loss)                  $   5,595           ($215)          ($344)      $     559       $   5,595    
                                   =========       =========       =========       =========       =========    

</TABLE>

                                       14

<PAGE>   15



                             LDM TECHNOLOGIES, INC.
                 Condensed Consolidating Statement of Cash Flows
                     for the Nine-Months Ended June 28, 1998
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>
                                                                                                                          
                                                       LDM                                                               
                                                    Technologies   Gauarantor    Nonguarantor   Consolidating                   
                                                       Inc.        Subsidiaries  Subsidiaries   Entries         Consolidated       
                                                    ------------   ------------  ------------   -------------   ------------      
<S>                                                 <C>             <C>            <C>           <C>            <C>
NET CASH PROVIDED (USED) BY                         $  17,271       $(714)       $    334        $  (2)         $  16,889       
     OPERATING ACTIVITIES                            
                                                                                                                            
CASH FLOWS FROM INVESTING                            
     ACTIVITIES                                                                                                              
  Additions to property, plant                       
     and equipment                                     (6,652)       (250)           (806)                         (7,708)   
  Proceeds from disposal of                                                                                                 
     property, plant and equipment                        186                                                         186    
  Purchase of Huron Plastics Group                                                                                       
     Inc., net of $1,835 cash acquired                (66,780)                                                    (66,780) 
  Purchase of LDM Germany                              (9,706)                                                     (9,706)       
  Purchase of Kenco Plastics,                                                                                                    
     net of $500 cash acquired                        (26,641)                                                    (26,641)       
                                                    ---------       -----        --------        -----          ---------
                                                                                                                            
NET CASH USED FOR INVESTING                                                                                                      
     ACTIVITIES                                      (109,593)       (250)           (806)                       (110,649)       
                                                                                                                            
CASH FLOWS FROM FINANCING                                                                                                        
     ACTIVITIES                                                                                                              
Borrowings (to)/from affiliates                        (2,054)                      2,052            2                            
Proceeds from long-term debt issuance                  65,563           3                                          65,566        
Payments on long-term debt                             (1,655)         (6)           (458)                         (2,119)       
Net proceeds from lines of                                                                                                       
    credit borrowings                                  30,959                         702                          31,661        
                                                    ---------       -----        --------        -----          ---------
NET CASH PROVIDED (USED) BY FINANCING                                                                                            
     ACTIVITIES                                        92,813          (3)          2,296            2             95,108        
                                                    ---------       -----        --------        -----          ---------
                                                                                                                            
Net cash change                                           491        (967)          1,824                           1,348        
Cash at beginning of period                                12       4,598              23                           4,633        
                                                    ---------       -----        --------        -----          ---------
Cash at end of period                               $     503       3,631        $  1,847        $              $   5,981        
                                                    =========       =====        ========        =====          =========
                                                                                                                            
SUPPLEMENTAL INFORMATION:                                                                                                        
Depreciation and amortization                       $  11,235       1,494        $  1,210        $              $  13,939          
                                                    =========       =====        ========        =====          =========          

</TABLE>
   
                                       15   
   
<PAGE>   16
                             LDM TECHNOLOGIES, INC.
                 Condensed Consolidating Statement of Cash Flows
                     for the Nine-Months Ended June 29, 1997
                                   (unaudited)
                             (dollars in thousands)


<TABLE>
<CAPTION>

                                         LDM
                                      Technologies,    Guarantor           Nonguarantor
                                         Inc.         Subsidiaries         Subsidiaries         Consolidated
                                      ------------   --------------       --------------       --------------
<S>                                   <C>             <C>                  <C>                    <C>
NET CASH PROVIDED (USED) BY
    OPERATING ACTIVITIES              $  7,956        $  2,649              ($1,371)              $   9,234
CASH FLOWS FROM INVESTING ACTIVITIES
  Additions to property, plant
    and equipment                       (9,020)         (1,537)                (293)                (10,850)
  Proceeds from disposal of
    property, plant and equipment        1,536                                                        1,536
  Use of investments restricted
    to property, plant and
    equipment                              658                                                          658
  Purchase of Molmec, net of
    $2,705 cash acquired               (53,198)                                                     (53,198)
Purchase of Kendallville                (6,878)                                                      (6,878)
                                      --------        --------              -------               ---------

NET CASH USED FOR INVESTING 
    ACTIVITIES                         (66,902)         (1,537)                (293)                (68,732)

CASH FLOWS FROM FINANCING
    ACTIVITIES
Proceeds from long-term debt net
    of $5,911 debt issuance costs       88,660          15,429                                      104,089
Payments on long-term debt             (12,397)         (9,642)                                     (22,039)
Net proceeds from line of credit                                                                          
    borrowings                         (15,500)         (3,634)                 (78)                (19,212)
                                      --------        --------              -------               ---------
NET CASH PROVIDED BY FINANCING
    ACTIVITIES                          60,763           2,153                  (78)                 62,838
                                      --------        --------              -------               ---------
Net cash change                          1,817           3,265               (1,742)                  3,340
Cash at beginning of period                  9              17                2,096                   2,122
                                      --------        --------              -------               ---------
Cash at end of period                 $  1,826        $  3,282              $   354               $   5,462      
                                      ========        ========              =======               =========

SUPPLEMENTAL INFORMATION:
Depreciation and amortization         $  6,072        $  1,536              $   581               $   8,189 
                                      ========        ========              =======               =========
</TABLE>

                                       16

<PAGE>   17




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

OVERVIEW

The Company's financial results for the quarter and nine months ended June 28,
1998 are less favorable than the same periods in 1997. This is the result of
increased goodwill amortization, lower margins associated with its fiscal 1998
acquisitions, and a strike at one of its major customers.

FISCAL YEAR 1998 ACQUISITIONS

KENCO: On September 30, 1997, the Company acquired the entire outstanding stock
of Kenco Plastics, Inc. of Michigan, Kenco Plastics, Inc. of Kentucky and the
business and net tangible assets of Narens Design and Engineering, Inc.
(collectively referred to herein as "Kenco") for approximately $27.1 million in
cash. The acquisition was financed with additional borrowings under the
Company's Senior Credit Facility. Kenco designs and manufactures a full range of
blow molded plastic parts including HVAC components, air induction components,
functional components, and fluid reservoirs at six manufacturing locations in
Michigan, Kentucky, and Tennessee. Kenco's customers include Chrysler, Ford,
General Motors, Mercedes, Mitsubishi, and Toyota. Kenco's net sales for the
twelve-month period ended September 28, 1997 were approximately $60.5 million.

BEIENHEIM: On November 25, 1997, the Company acquired substantially all of the
operating assets of Aeroquip Vickers International GmbH, related to its
manufacturing operation located in Beienheim Germany for approximately $9.7
million in cash, and the assumption of approximately $2.5 million of
liabilities. The acquisition was made through the Company's newly formed German
subsidiary and was financed with additional borrowings under the Company's
Senior Credit Facility. The Beienheim facility manufactures various interior
trim components, exterior trim components, and under the hood components
supplied primarily to European automotive OEM's. Beienheim's customers include
Ford, Opel, and Audi. Net sales for the Beienheim facility over the twelve-month
period ended September 28, 1997 were approximately $33.0 million.

HURON PLASTICS GROUP: On February 6, 1998, the Company acquired the stock of
Huron Plastics Group, Inc. and substantially all the assets of Tadim, Inc,
(collectively referred to herein as "HPG") for $69.0 million in cash and the
assumption of certain liabilities. The transaction was funded with proceeds from
a $66.0 million dollar term loan issued by the Company's senior lender. HPG's
sales and net income for its fiscal year ended March 31, 1997 were $88.1 million
and $0.8 million, respectively. HPG manufactures a wide variety of interior
trim, underhood and functional components for many automotive customers,
including Ford, Chrysler, General Motors, Bundy, TRW, and Johnson Controls.

FISCAL YEAR 1997 ACQUISITIONS

MOLMEC: On January 22, 1997, the Company acquired substantially all the assets
of Molmec for approximately $55.9 million in cash and the assumption of certain
liabilities including $4.6 million of indebtedness and $8.4 million of current
liabilities. Molmec is an industry leader in the design, manufacture, and
integration of fluid and air management components and under the hood
assemblies.

KENDALLVILLE:  On April 25,  1997,  the  Company  acquired  certain net assets 
of Aeroquip Corporation's  Kendallville,  Indiana  plant for $7.2  million in 
cash.  The  Kendallville plant manufactures automotive air vents.


                                       17

<PAGE>   18



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

RESULTS OF CONTINUING OPERATIONS

QUARTER ENDED JUNE 28, 1998 COMPARED TO QUARTER ENDED JUNE 29, 1997

NET SALES: Net sales for the three-month period ended June 28, 1998 ("third
quarter 1998") were $144.2 million, an increase of $61.9 million, or 75.1%, from
the three-month period ended June 29, 1997 ("third quarter 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 sales growth is primarily the result of acquisitions described
previously herein. This growth was offset slightly by a strike at a major
customer resulting in lost product sales of $6.5 million.

GROSS MARGIN: Gross margin was $24.9 million or 17.2% of net sales for the third
quarter of 1998. Third quarter 1998 gross margin related to product sales was
$21.9 million or 17.6% of net product sales compared to $18.3 million or 23.5%
of net product sales for the third quarter of 1997. The decrease in gross margin
related to product sales is the result of lower margins associated with the 1998
acquisitions, and a strike at a major customer. The strike resulted in lost
gross margin of $1.8 million. If the strike had not occurred, third quarter 1998
gross margin related to product sales would have been $23.7 million or 18.1% of
net product sales.

SELLING, GENERAL AND ADMINISTRATIVE (SG&A) EXPENSES: SG&A expenses for third
quarter 1998 were $16.3 million, or 11.3% of net sales, compared to $10.4
million, or 12.6% of net sales, for third quarter 1997. The decrease in SG&A as
a percentage of net sales was the result of increased net sales mentioned
herein.

INTEREST EXPENSE: Interest expense was $5.4 million for third quarter 1998
compared to $3.4 million for third quarter of 1997. The increased interest
expense was primarily due to the incurrence of additional debt related to the
acquisitions described above.

INCOME TAXES: The provision for income taxes for third quarter 1998 was $1.3
million with an effective tax rate of 43.7%, as compared to $1.9 million with an
effective tax rate of 37.5% for third quarter 1997. The rate difference relates
principally to certain nondeductible expenses.

NINE MONTHS ENDED JUNE 28, 1998 COMPARED TO NINE MONTHS ENDED JUNE 29, 1997

NET SALES: Net sales for the nine-month period ended June 28, 1998 ("Year to
date June 1998") were $370.4 million, an increase of $155.2 million, or 72.1%,
from the nine-month period ended June 29, 1997 ("Year to date June 1997"). Year
to date June 1998 net sales were comprised of approximately $322.4 million of
automotive product sales, $13.9 million of consumer and other product sales, and
$34.1 million of mold sales. The sales growth is primarily the result of
acquisitions described previously herein. This growth was offset slightly by a
strike at a major customer resulting in lost product sales of $6.5 million.

GROSS MARGIN: Gross margin was $63.1 million or 17.0% of net sales for Year to
date June 1998. Year to date June 1998 gross margin related to product sales was
$59.4 million or 17.7% of net product sales compared to $40.2 million or 20.4%
of net product sales for Year to date June 1997. The decrease was the result of
lower margins associated with the 1998 acquisitions, and a strike at a major
customer. The strike resulted in lost gross margin of $1.8 million. If the
strike had not occurred, Year to date June 1998 gross margin related to product
sales would have been $61.2 million or 17.9% of net product sales.


                                       18

<PAGE>   19



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

SELLING, GENERAL AND ADMINISTRATIVE (SG&A) EXPENSES: SG&A expenses for Year to
date June 1998 were $42.0 million, or 11.3% of net sales, compared to $25.5
million, or 11.9% of net sales, for Year to Date June 1997.

INTEREST EXPENSE: Interest expense was $14.4 million for Year to date June 1998
compared to $7.4 million for Year to date June 1997. The increased interest
expense was primarily due to the incurrence of additional debt related the
acquisitions described elsewhere herein.

INCOME TAXES: The provision for income taxes for Year to date June 1998 was $2.9
million with an effective tax rate of 46.6%, as compared to $3.3 million with an
effective tax rate of 37.7% for Year to date June 1997. The rate difference
relates principally to certain nondeductible expenses.

ACQUISITION OF HURON PLASTICS GROUP: On February 6, 1998, the Company acquired
100% of the issued stock of Huron Plastics Group, Inc. and substantially all of
the operating assets of Tadim, Inc. (collectively "HPG"). The aggregate purchase
price was $69.0 million in cash and the assumption of certain liabilities. HPG
is engaged in molded plastics manufacturing for North American OEM's and their
suppliers. HPG's net sales and net income for the year ended March 31, 1997 were
$88.1 million and $0.8 million, respectively.

TERM LOAN AND ADDITIONAL LINE OF CREDIT FACILITY: On February 6, 1998, the
Company secured additional financing from Bank of America Business Credit, its
current senior lender. The financing was comprised of a $66 million term loan
and an additional $10 million capital expenditure line of credit facility. The
term loan and line of credit bear interest at the prime rate plus .5% or libor
plus 2.5%. Proceeds from the term loan were used to fund the HPG acquisition. No
borrowings have been made on the capital expenditure line of credit facility to
date.

LIQUIDITY AND CAPITAL RESOURCES

The Company's principal capital requirements are to fund working capital needs,
to meet required debt obligations, and capital expenditures for facility
maintenance and expansion. The Company believes its future cash flows 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 June 28, 1998, the Company had $178.8 million of long-term
debt outstanding, $34.8 million of revolving loans and current maturities of
long-term debt outstanding and $19.1 million of borrowing availability under its
revolving credit facilities.

Cash provided by operating activities Year to date June 1998 was $16.9 million
compared to $9.2 million of cash provided by operating activities in Year to
date June 1997. The increase in cash provided by operating activities was the
result of the sales growth described above.

Capital expenditures for Year to date June 1998 were $7.7 million compared to
$10.9 million for Year to date June 1997. The Company believes its capital
expenditures (exclusive of the HPG acquisition) will be approximately $15.0
million in fiscal year 1998, and approximately $15.0 in fiscal years 1999 and
2000. The majority of the Company's fiscal 1998 capital expenditures will be
used to facilitize for new programs launching in fiscal 1999, install a new
enterprise-wide information system and upgrade certain


                                       19

<PAGE>   20



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

elements of the newly acquired facilities to LDM standards. 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. The Company's sales are concentrated
with a few OEM customers and a change in their demand for products could have a
material impact on the Company. Labor relations problems at General Motors
Corporation have significantly affected the Company's production during the
months of June and July 1998. 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: The information technology systems at the Company are not
Year 2000 compliant. The Company has selected and is in the process of preparing
for the implementation of new information technology systems that are fully Year
2000 compliant. The implementation is expected to be completed by June 30, 1999.
The expenditure related to this project is estimated to be $6 to $7 million over
the next one and a half years. The estimated cost has increased due to expansion
of the project to include hardware upgrades to facilitate the year 2000
compliant software.



                                       20

<PAGE>   21



                           PART II - OTHER INFORMATION

<TABLE>

          <S>      <C>                                 <C>
          Item 1   Legal Proceedings                   Not applicable

          Item 2   Changes in Securities               Not applicable

          Item 3   Defaults upon Senior Securities     Not applicable

                   Submission of Matters to a Vote
          Item 4   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
                                                       (b)  The registrant filed a
                                                            Current Report on Form
                                                            8-K dated April 22, 1998
                                                            as to the Huron Plastics
                                                            acquisition, Current
                                                            Report on Form 8-K dated
                                                            September 30, 1997 as to
                                                            the Kenco acquisition,
                                                            and filed a Current
                                                            Report on Form 8-K dated
                                                            November 25, 1997 as to
                                                            the Beienheim
                                                            acquisition.
</TABLE>


                                       21

<PAGE>   22



                                   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/ G. E. Borushko
                                     ----------------------------------
                                              Gary E. Borushko
                                              Chief Financial Officer

                                         /s/ B. N. Frederick
                                     -----------------------------------
                                             Bradley N. Frederick
                                             Chief Accounting Officer

                                             Date:  August 11, 1998


                                       22


<PAGE>   23





                                INDEX TO EXHIBITS



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






                                       23