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Lassonde Industries Inc. announces its Q3 2020 results

Lassonde Industries Inc. announces its Q3 2020 results Canada NewsWire ROUG...

articleLassonde Industries, Inc. Class ANovember 6, 20205/company/lassonde-industries-inc-class-a/news/lassonde-industries-inc-announces-its-q3-2020-results
Lassonde Industries Inc. announces its Q3 2020 results

About this update from Lassonde Industries, Inc. Class A

[{"type":"text","content":"\n \n \n \n Lassonde Industries Inc. announces its Q3 2020 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{\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.prngen2{\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.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.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n ROUGEMONT, QC, Nov. 6, 2020\n \n \n \n \n ROUGEMONT, QC,\n \n Nov. 6, 2020\n \n /CNW Telbec/ -\n \n \n Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\") posted sales of\n \n $495\n \n .2 million in the third quarter of 2020, up 17.1% year over year. Excluding the\n \n $47\n \n .3 million in sales from Sun–Rype, an entity acquired on\n \n January 3, 2020\n \n , and a\n \n $2\n \n .6 million favourable foreign exchange impact, adjusted sales were up 5.3% year over year. The Company's operating profit for the third quarter of 2020 totalled\n \n $40\n \n .0 million, up\n \n $15\n \n .0 million from\n \n $25\n \n .0 million in operating profit in the same quarter last year. The 2020 third–quarter profit attributable to the Company's shareholders totalled\n \n $25\n \n .3 million, up\n \n $10\n \n .0 million year over year.\n \n \n \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 Third quarters\n \n \n \n \n \n \n ended\n \n \n \n \n \n \n \n \n \n \n \n \n \n September 26,\n \n \n \n \n \n \n 2020\n \n \n \n \n \n \n \n ...

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