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Lassonde Industries Inc. announces its Q1 2016 results
Lassonde Industries Inc. announces its Q1 2016 results Lassonde Industries Inc. an...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n\n\n\nLassonde Industries Inc. announces its Q1 2016 results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n\n\n\n\n\n\nLassonde Industries Inc. announces its Q1 2016 results\nCanada NewsWire\nROUGEMONT, QC, May 13, 2016\n\n\n\nROUGEMONT, QC, May 13, 2016 /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\") posted sales of $386.5 million in the first quarter of 2016, a $58.8 million increase year over year. Profit attributable to the Company's shareholders for this period totalled $13.0 million, up $5.2 million from the first quarter of 2015. \n\n \n\n\n\n\n\n\n\nFinancial highlights \n\n(in thousands of dollars)\n\n\nFirst quarters\n\nended\n\n\n\n\nApril 2,\n\n2016\n\n\n\nMarch 28,\n\n2015\n\n\n\nSales\n\n\n$\n\n\n386,475\n\n\n\n$\n\n\n327,660\n\n\n\nOperating profit \n\n\n\n27,430\n\n\n\n\n16,961\n\n\n\nProfit before income taxes \n\n\n\n20,872\n\n\n\n\n11,577\n\n\n\nProfit attributable to the Company's shareholders\n\n\n\n12,955\n\n\n\n\n7,764\n\n\n\nBasic and diluted earnings per share (in $)\n\n\n$\n\n\n1.85\n\n\n\n$\n\n\n1.11\n\n \n\nNote: These are financial highlights only. Management's Discussion and Analysis, the unaudited interim condensed consolidated financial statements and notes thereto for the quarter ended April 2, 2016 will be available on the SEDAR website ...