Heroux-Devtek Q4 Profit Surges 12%

Heroux-Devtek Inc HERXF posted a 12% gain in its fourth-quarter profit. Heroux-Devtek's quarterly net income climbed to C$9 million, or 29 Canadian cents per share, versus C$8 million, or 26 Canadian cents per share, in the year-ago period. Its sales gained 3% to C$109.0 million.