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Lassonde Industries Inc. announces its Q1 2018 results

Lassonde Industries Inc. announces its Q1 2018 results Canada NewsWire ROUGEMONT...

articleLassonde Industries, Inc. Class AMay 9, 20184/company/lassonde-industries-inc-class-a/news/lassonde-industries-inc-announces-its-q1-2018-results
Lassonde Industries Inc. announces its Q1 2018 results

About this update from Lassonde Industries, Inc. Class A

[{"type":"text","content":"\n\n\n\nLassonde Industries Inc. announces its Q1 2018 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.prngen5{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUGEMONT, QC, May 9, 2018\n\n\n\nROUGEMONT, QC, May 9, 2018 /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\") posted sales of $357.7 million in the first quarter of 2018. Excluding a $9.8 million unfavourable foreign exchange impact, adjusted sales were down 0.9% year over year. Profit attributable to the Company's shareholders for this period totalled $14.5 million, up $1.4 million or 11.2% from the first quarter of 2017. \n\n \n\n\n\n\n\n\n\nFinancial highlights \n\n(in thousands of dollars)\n\n\nFirst quartersended\n\n\n\n\nMarch 31,\n\n2018\n\n\n\nApril 1,\n\n2017\n\n\n\nSales\n\n\n$\n\n\n357,698\n\n\n\n$\n\n\n370,738\n\n\n\nOperating profit \n\n\n\n22,341\n\n\n\n\n23,666\n\n\n\nProfit before income taxes \n\n\n\n20,130\n\n\n\n\n20,256\n\n\n\nProfit attributable to the Company's shareholders\n\n\n\n14,546\n\n\n\n\n13,086\n\n\n\nBasic and diluted earnings per share (in $)\n\n\n$\n\n\n2.08\n\n\n\n$\n\n\n1.87\n\n \n\nNote: These are financial highligh...

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