ST. LOUIS -- Viasystems Group reported a first-quarter net loss of $5.1 million, down from a profit of $3.8 million a year ago, as restructuring and acquisition charges eroded the bottom line.

For the period ended March 31, net sales rose 9.8% year-over-year and fell 2.6% sequentially to $262.1 million on higher demand for automotive, industrial & instrumentation, computer and datacom, and military and aerospace, partially offset by declines in telecommunications.

Operating income was $5.2 million, net of $7 million in restructuring costs in connection with the previously announced closures of two factories in China, and $1 million in costs incurred in connection with the of DDi Corp. Adjusted EBITDA was $33.1 million, up from $29.3 million a year ago and down from $44.1 million last quarter.

The company's printed circuit boards segment had sales of $213.1 million, up from $192.7 million last year. Operating income fell 30% from last year to $7 million. The segment had sales and operating income of $224 million and $22.3 million, respectively, for the December quarter. Viasystems took $6.4 million in charges realated to the closure of the company's Huizhou, China, PCB fabrication plant. The unit saw increased net sales automotive, computer and datacom, and military and aerospace customers, partly offset by weaker telecom and industrial & instrumentation sales.

The company's acquisition of fellow PCB fab DDi is expected to close during the current quarter.

The company's Assembly segment had sales of $49 million for the quarter, up from $46 million last year. The operating loss was $800,000, down from income of $1.5 million in 2011. The firm took $600,000 in charges related to the closure of its Qingdao, China electromechanical assembly facility.

In a press release, chief executive David Sindelar said, "Excluding the first-quarter expense effects of special items including acquisitions and factory consolidations, we generated year-over-year growth both in net sales and in earnings. Strong overall bookings in our first quarter have us positioned for sequential and year-over-year net sales growth in the coming quarter as well."

"I am very excited about the prospects of expanding the scope of our product and service offerings to U.S. and global customers through the combination of DDi's business with ours," Sindelar said.

He said the annual interest expense savings from refinancing previous senior secured notes should be approximately $8.3 million, and DDi's adjusted net income in 2011 would have exceeded interests cost of funds borrowed to finance the acquisition by approximately $1 million.

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圣路易 - 惠亚集团报告第一季度的净亏损510万美元，从一年前的380万美元的利润，作为重组费用及收购，蚕食的底线。

截至3月31日期间，净销售额上升9.8％，一年的过，今年和下跌2.6％，依次为262.1亿美元更高的汽车，工业仪器仪表，计算机和数据通信，以及军事和航空航天的需求，电信业的下降部分抵消。

营业收入是520万美元的，扣除$ 7万美元2在中国的工厂，此前宣布的关闭有关的重组费用，并与DDI公司而产生的费用的100万美元，调整后的EBITDA为$ 33.1万美元，29.3亿美元一年前，从上一季度为44.1万美元。

公司的印刷电路板分部销售额213.1亿美元，从去年的192.7万美元。营业收入从去年同期下跌30％至700万美元。段的销售和营业收入为224亿美元和22.3亿美元，分别为去年第四季度，。惠亚花了640万美元的收费realated到公司的惠州市，中国，PCB制造工厂倒闭。单位看到，汽车，计算机和数据通信，军事和航天客户，部分抵消较弱的电信和工业和仪器仪表的销售净销售额增加。

同胞PCB工厂DDI公司的收购预计将在本季度。

大会该公司的分部有该季度销售收入4900万美元，同比增长从去年的4600万美元。经营亏损为80万美元，从美元在2011年的1.5亿美元的收入。该公司采取了在青岛，中国机电装配厂关闭有关的费用60万美元。

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