ROUGEMONT, QC, March 27, 2025 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") today announced its financial results for its fourth quarter and year ended December 31, 2024.

Financial Highlights:

Fourth quarters ended

Years ended

Dec. 31,2024

Dec. 31,2023

∆

Dec. 31,2024

Dec. 31,2023

∆

(in millions of dollars, unless otherwise indicated)

$

$

$

$

$

$

Sales

738.1

604.8

133.3

2,600.9

2,314.9

285.9

Gross profit

192.9

152.5

40.4

698.1

587.7

110.4

Operating profit

43.0

32.1

10.9

174.7

135.4

39.3

Profit

27.8

20.5

7.3

113.4

88.3

25.1

Attributable to:

Corporation's shareholders

27.1

21.0

6.1

114.1

87.5

26.6

Non-controlling interests

0.7

(0.5)

1.2

(0.7)

0.7

(1.5)

EPS (in $)

3.97

3.08

0.89

16.73

12.83

3.90

Weighted average number of shares outstanding (in thousands)

6,822

6,822

-

6,822

6,822

-

Adjusted EBITDA1

79.6

52.6

27.0

275.8

207.1

68.7

Adjusted EPS1 (in $)

5.13

3.14

1.99

19.05

13.18

5.87

ROUGEMONT, QC, March 14, 2025 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") is pleased to announce that it will host a conference call to discuss its fourth quarter and fiscal 2024 results on Friday, March 28, 2025. Mr. Vince Timpano, Chief Executive Officer, and Mr. Eric Gemme, Chief Financial Officer will host the call.

OPEN TO:   

Investors, analysts, and all interested parties

DATE:         

Friday, March 28, 2025

TIME:           

7:30 a.m. ET

CALL:         

647-484-8814 (for overseas participants)

1-844-763-8274 (for other North American participants)

ROUGEMONT, QC, March 14, 2025 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") is pleased to announce that it will host a conference call to discuss its fourth quarter and fiscal 2024 results on Friday, March 28, 2025. Mr. Vince Timpano, Chief Executive Officer, and Mr. Eric Gemme, Chief Financial Officer will host the call.

OPEN TO:   

Investors, analysts, and all interested parties

DATE:         

Friday, March 28, 2025

TIME:           

7:30 a.m. ET

CALL:         

647-484-8814 (for overseas participants)

1-844-763-8274 (for other North American participants)

ROUGEMONT, QC, Feb. 12, 2025 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) (the "Corporation") is pleased to announce that, in accordance with its dividend policy, holders of Class A Subordinate Voting Shares and Class B Multiple Voting Shares registered at the close of business on February 24, 2025, will receive a quarterly dividend of $1.10 per share, payable on March 14, 2025. This dividend is designated as an "eligible dividend" for Canadian tax purposes.

ROUGEMONT, QC, Nov. 7, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") today announced its financial results for the third quarter of 2024.

Financial Highlights:

Third quarters ended

Sept. 28,2024

Sept. 30,2023

∆

(in millions of dollars, unless otherwise indicated)

$

$

$

Sales

668.3

583.4

84.9

Gross profit

179.8

146.3

33.5

Operating profit

47.2

35.7

11.5

Profit

29.1

24.3

4.8

Attributable to:

Corporation's shareholders

29.7

24.3

5.4

Non-controlling interests

(0.6)

0.0

(0.6)

EPS (in $)

4.35

3.56

0.79

Weighted average number of shares outstanding (in thousands)

6,822

6,822

-

Adjusted EBITDA1

69.3

52.9

16.4

Adjusted EPS1 (in $)

4.53

3.67

0.86

ROUGEMONT, QC, Oct. 24, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") is pleased to announce that it will host a conference call to discuss its third quarter 2024 results on Friday, November 8, 2024. Mr. Vince Timpano, Chief Executive Officer, and Mr. Eric Gemme, Chief Financial Officer will host the call.

OPEN TO:   

Investors, analysts, and all interested parties

DATE:         

Friday, November 8, 2024

TIME:           

8:30 a.m. ET

CALL:         

647-484-8814 (for overseas participants)

1-844-763-8274 (for other North American participants)

TORONTO, Oct. 1, 2024 /CNW/ - Trading resumes in:

Company: Lassonde Industries Inc.

TSX Symbol: LAS.A

All Issues: Yes

Resumption (ET): :1 30 PM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

TORONTO, Oct. 1, 2024 /CNW/ - The following issues have been halted by CIRO:

Company: Lassonde Industries Inc.

TSX Symbol: LAS.A

All Issues: Yes

Reason: Pending News

Halt Time (ET): 12:43 PM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

ROUGEMONT, QC, Oct. 1, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") announced today an important capital investment program aimed at enhancing the competitiveness of its U.S. beverage manufacturing network.

The program mainly consists in the investment of approximately US$200.0 million over an estimated two-year period for the construction of a new beverage manufacturing facility in New Jersey, on a site adjacent to the Corporation's existing plant. Once built, the state-of-the-art facility, extending across approximately 200,000 square feet, will replace the existing plant and enable Lassonde to fortify its competitive position in the key U.S. northeast market by improving operating efficiency and delivering incremental volume at lower costs through a more efficient production flow, improved yields, and better logistics. The investment is expected to be accretive with an internal rate of return that exceeds the Corporation's cost of capital.

ROUGEMONT, QC, Aug. 8, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") announced today a phased leadership transition for its board of directors (the "Board") and certain members of its executive management team.

To ensure a smooth transition of the Board leadership role, Pierre-Paul Lassonde, presently Chairman of the Board, who dedicated the last 50 years at the helm of the business founded by his family two generations prior, will share his responsibilities by Co-Chairing the Board along with Nathalie Lassonde, between September 1, 2024 and January 1, 2025. He will thereafter continue to serve as a member of the Board.

ROUGEMONT, QC, Aug. 8, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") today announced its financial results for the second quarter of 2024.

Financial Highlights:

Second quarters ended

June 29, 2024

July 1, 2023

∆

(in millions of dollars, unless otherwise indicated)

$

$

$

Sales

624.7

579.4

45.3

Gross profit

175.7

152.3

23.4

Operating profit

50.0

41.3

8.7

Profit

32.8

25.7

7.1

Attributable to:

Corporation's shareholders

33.5

25.1

8.4

Non-controlling interests

(0.7)

0.7

(1.4)

EPS (in $)

4.91

3.68

1.23

Weighted average number of shares outstanding (in thousands)

6,822

6,822

-

Adjusted EBITDA1

74.6

58.6

16.0

Adjusted EPS1 (in $)

5.73

3.89

1.84

ROUGEMONT, QC, July 25, 2024 /CNW/ - Lassonde Industries Inc. (TSX: LAS.A) ("Lassonde" or the "Corporation") is pleased to announce that it will host a conference call to discuss its second quarter 2024 results on Friday, August 9, 2024. Mr. Vince Timpano, President and Chief Operating Officer, and Mr. Eric Gemme, Chief Financial Officer will host the call.

OPEN TO:   

Investors, analysts, and all interested parties

DATE:         

Friday, August 9, 2024

TIME:           

8:30 a.m. ET

CALL:         

647-484-8814 (for overseas participants)

1-844-763-8274 (for other North American participants)