viasystems group inc (VIAS:NASDAQ GM)
viasystems group inc (VIAS) Key Developments
Viasystems Group, Inc. Presents at Barclay's High Yield Bond and Syndicated Loan Conference, May-21-2013 10:50 AM. Venue: JW Marriott Chicago, 151 W. Adams Street, Chicago, Illinois, United States. Speakers: David M. Sindelar, Chief Executive Officer, Director and Member of Executive Committee, Gerald G. Sax, Chief Financial Officer and Senior Vice President.
Viasystems Group, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue was $272.94 million against $262.09 million a year ago. The year-over-year increase of 4.1% in sales was primarily the result of the company's acquisition of DDi Corp. on May 31, 2012. Operating income was $2.55 million against $5.16 million a year ago. Loss before income taxes was $10.12 million against $2.92 million a year ago. Net loss attributable to common stockholders was $13.45 million against $4.64 million a year ago. Diluted loss per share was $0.67 against $0.23 a year ago. Net cash provided by operating activities was $29.13 million against $10.26 million a year ago. Capital expenditure was $20.25 million against $22.37 million a year ago. Out of CapEx about $11 million is related to recurring or maintenance projects and the remaining $9 million related to special projects, such as factory relocations and replacement of the fire-damaged equipment in Guangzhou factory. Adjusted EBITDA was $29.5 million against $33.1 million a year ago. Adjusted net loss attributable to common stockholders was $7.79 million or $0.39 loss per share against income of $6.49 million or $0.32 income per share a year ago.
Viasystems Group, Inc., Q1 2013 Earnings Call, May 09, 2013
Viasystems Group, Inc. announced that they will report Q1, 2013 results on May 09, 2013
Viasystems Group, Inc., Annual General Meeting, May 07, 2013., at 07:30 Central Daylight. Location: The Ritz-Carlton, St. Louis. Agenda: To elect twelve directors to serve until the next annual meeting of stockholders; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for 2013; and to transact such other business as may properly come before the meeting or any postponement or adjournment thereof.

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