Viasystems reports profit increase

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Viasystems reports profit increase
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Rising demand for automotive-related products helped Viasystems Group Inc., a provider of printed circuit boards, to a fourth-quarter profit of $15.5 million, or 74 cents per share, compared with $9.5 million, or 44 cents a share, a year ago. Sales grew 10.3 percent, to $269 million, from the corresponding period the previous year. Demand for the Clayton-based company's products by automotive users continued an upward trend from last year.

Tim Bryant covers real estate and construction for the Post-Dispatch. He blogs on Building Blocks. Follow the Business section on Twitter @postdispatchbiz.

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