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Lassonde Industries Inc. announces its Q1 2019 results and the appointment of Nathalie Lassonde as Chief Executive Officer
Lassonde Industries Inc. announces its Q1 2019 results and the appointment of Nathalie Las...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n\n\n\nLassonde Industries Inc. announces its Q1 2019 results and the appointment of Nathalie Lassonde as Chief Executive Officer\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.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; 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: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\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.prngen4{\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.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUGEMONT, QC, May 10, 2019\n\n\n\nROUGEMONT, QC, May 10, 2019 /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\") posted sales of $403.5 million in the first quarter of 2019. Excluding the $29.8 million in sales by Old Orchard Brands, LLC (\"OOB\") and a $10.9 million favourable foreign exchange impact, first-quarter sales were up 1.4% year over year. The Company's operating profit for the first quarter of 2019 totalled $23.4 million, up $1.1 million from $22.3 million in the same quarter last year. First-quarter profit attributable to the Company's shareholders totalled $12.6 million. Excluding the impacts of the OOB acquisition, the 2019 first-quarter profit attributable to the Company's shareholders would have been $12.9 million, down $1.6 million year over ye...