Valassis Communications Inc., a Livonia, MI, marketer of freestanding inserts and other direct marketing services, reported net earnings of $53.4 million for the quarter ended March 31, a 57.5% increase over $33.9 million for the same period in 1999.
Net Sales for the period were $212.3 million, a 2.3% decline from the 1999 period’s total of $217.3 million.