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Lassonde Industries Inc. announces its results for the fourth quarter and fiscal 2018
Lassonde Industries Inc. announces its results for the fourth quarter and fiscal 2018 ...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n\n\n\nLassonde Industries Inc. announces its results for the fourth quarter and fiscal 2018\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.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\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.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUGEMONT, QC, March 29, 2019\n\n\n\nROUGEMONT, QC, March 29, 2019 /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) (\"Lassonde\") posted sales of $1,594.0 million in 2018. Excluding the $66.9 million in sales by Old Orchard Brands, LLC (\"OOB\") and a $1.0 million unfavourable foreign exchange impact, sales were up $2.0 million year over year. The 2018 profit attributable to the Company's shareholders totalled $66.4 million compared to $89.9 million last year. Excluding a $10.2 million impact in 2017 resulting from a reduction to deferred tax liabilities related to the U.S. tax reform, an estimated $5.5 million impact from the OOB acquisition, and a $0.6 million gain on capital assets recognized in 2017, the 2018 profit attributable to the Company's shareholders was down $7.2 million year over year.\n\n \n \n\n \n \nFinancial highlights\n(in thousands of dollars)\nFourth quarters\nended\nYears\nended\nDecember 31,2018\nDecember 31,201...