Business
Lassonde Industries Inc. announces its Q1 2022 results
Lassonde Industries Inc. announces its Q1 2022 results Canada NewsWire ...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n \n \n \n Lassonde Industries Inc. announces its Q1 2022 results\n \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.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen6{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n ROUGEMONT, QC\n \n \n ,\n \n \n May 13, 2022\n \n \n /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\" or the \"Corporation\") posted sales of\n \n $509.0 million\n \n in the first quarter of 2022, up 9.1% year over year. The Corporation's operating profit for the first quarter of 2022 totalled\n \n $22.4 million\n \n , down from\n \n $31.4 million\n \n in the same quarter last year. Excluding\n \n $2.4 million\n \n in expenses related to the multi-year strategy discussed below, operating profit was down\n \n $6.6 million\n \n . The 2022 first‑quarter profit attributable to the Corporation's shareholders totalled\n \n $14.8 million\n \n , down\n \n $5.3 million\n \n year over year.\n \n \n \n \n \n \n \n \n \n \n \n \n \n Financial highlights\n \n \n \n \n \n (in thousands of $)\n \n \n \n \n \n \n \n \n \n \...