“In terms of our end markets, we are pleased with the recent trends and near-term outlook for all but the telecommunications sector. Of course, we are keeping our eye on global economic developments for signals of recessionary and inflationary influences on each of our end markets,” concluded Sindelar.
Technology Conference Presentation
Viasystems expects to participate in the Stifel Nicolaus 2012 Technology & Telecom Conference at the St. Regis Monarch Beach hotel in Dana Beach, California, today, February 8, 2012. Mr. David Sindelar, Chief Executive Officer, will make a presentation to conference attendees at approximately 3:15 p.m. Pacific Time. The presentation will be webcast at http://investor.viasystems.com/events.cfm. The audio webcast will be archived at the same location for approximately 90 days.
Investor Conference CallViasystems expects to release results for the quarter ended December 31, 2011 on Tuesday, February 14, 2012. Management plans to discuss the results of the quarter during a conference call with investors and analysts at 3:30 p.m. Eastern Time, Tuesday, February 14, 2012, which Viasystems will broadcast live on the Internet. The live listen-only audio of the conference call will be available at http://investor.viasystems.com. The live conference call will be available by telephone for professional investors and analysts by dialing 877-640-9867 (toll-free) or 914-495-8546. A telephonic replay of the conference call will be available for one week at 855-859-2056 or 404-537-3406. Replay listeners should enter the conference ID 49001517. The webcast replay will be available at http://investor.viasystems.com for an indefinite period. Use of Non-GAAP Financial Measures Adjusted EBITDA is not a recognized financial measure under U.S. GAAP, and does not purport to be an alternative to operating income or an indicator of operating performance. Adjusted EBITDA is presented to enhance an understanding of operating results and is not intended to represent cash flows or results of operations. The Board of Directors, lenders and management of the company use Adjusted EBITDA primarily as an additional measure of operating performance for matters including executive compensation and competitor comparisons. The use of this non-GAAP measure provides an indication of the company’s ability to service debt, and management considers it an appropriate measure to use because of its leveraged position.