Business
Results for the fourth quarter and for fiscal 2009 - Lassonde Industries Inc. announces its results for the fourth quarter and for fiscal 2009
Results for the fourth quarter and for fiscal 2009 - Lassonde Industries Inc. announces its resul...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n\n\n\nROUGEMONT, QC, Mar. 31, 2010 (Canada NewsWire Group) -- /CNW Telbec/ -- Lassonde Industries Inc. (TSX - LAS.A) is pleased to report an increase in net sales and net earnings for the fiscal year ended December 31, 2009.The financial highlights are as follows:-------------------------------------------------------------------------Financial highlights(in thousands of dollarsexcept basic and diluted Fourth quarters ended Fiscal years endedearnings per share) December 31 December 31-------------------------------------------------------------------------2009 2008 2009 2008(unaudited) (unaudited) (audited) (audited)(1) (1)-------------------------------------------------------------------------Net sales $139,412 $133,199 $524,179 $505,500-------------------------------------------------------------------------Operating income 15,466 11,065 47,416 42,169-------------------------------------------------------------------------Earnings before incometaxes 14,206 10,320 43,392 39,769-------------------------------------------------------------------------Net earnings 10,233 7,658 30,600 29,250-------------------------------------------------------------------------Basic and diluted earningsper share 1.55 1.15 4.62 4.39-------------------------------------------------------------------------Total assets 345,220 312,224 345,220 312,224-------------------------------------------------------------------------Cash flows from (used by)operating activities 6,494 (3,559) 47,270 31,873-------------------------------------------------------------------------Shareholders' equity $182,018 $171,317 $182,018 $171,317-------------------------------------------------------------------------Shareholders' equity tototal assets 52.7% 54.9% 52.7% 54.9%-------------------------------------------------------------------------Note to the financial highlights: These are financial highlights only.Management's Discussion and Analysis, the audited consolidated financialstatements and notes thereto of Lassonde Industries Inc. for the yearended December 31, 2009 will be available on the SEDAR website atwww.sedar.com and on the website of Lassonde Industries Inc.(1) The comparative figures for the fourth quarter of last fiscal yearand for last fiscal year have been restated to reflect a newaccounting standard on goodwill and intangible assets that wasapplied a...