Business
Results for the fourth quarter and for fiscal 2010 - Lassonde Industries Inc. announces its results for the fourth quarter and for fiscal 2010
Mar. 29, 2011 (Canada NewsWire Group) -- ROUGEMONT, QC, March 29 /CNW Telbec/ - Lassonde Indu...
About this update from Lassonde Industries, Inc. Class A
[{"type":"text","content":"\n\n\n Mar. 29, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nROUGEMONT, QC, March 29 /CNW Telbec/ - Lassonde Industries Inc. (TSX:\n LAS.A) is pleased to report an increase in net sales and net earnings\n for the fiscal year ended December 31, 2010.\n\n\nThe financial highlights are as follows:\n\n\n\n\n\n\n\nFinancial highlights\n(in thousands of dollars, except basic and diluted earnings per share)\n\n\nFourth quarters ended \nDecember 31\n\n\nFiscal years ended \nDecember 31\n\n\n\n\n \n\n\n2010\n\n\n \n\n\n2009\n\n\n \n\n\n2010\n\n\n \n\n\n2009\n\n\n \n\n\n\n\nNet sales\n\n\n$140,603 \n\n\n \n\n\n$139,412\n\n\n \n\n\n$536,245\n\n\n \n\n\n$524,179\n\n\n \n\n\n\n\nOperating income\n\n\n15,269\n\n\n \n\n\n15,466\n\n\n \n\n\n49,904\n\n\n \n\n\n47,416\n\n\n \n\n\n\n\nEarnings before income taxes\n\n\n14,096\n\n\n \n\n\n14,206\n\n\n \n\n\n45,038\n\n\n \n\n\n43,392\n\n\n \n\n\n\n\nNet earnings\n\n\n9,914\n\n\n \n\n\n10,233\n\n\n \n\n\n31,757\n\n\n \n\n\n30,600\n\n\n \n\n\n\n\nBasic and diluted earnings per share\n\n\n1.51\n\n\n \n\n\n1.55\n\n\n \n\n\n4.82\n\n\n \n\n\n4.62\n\n\n \n\n\n\n\nNote to the financial highlights: These are financial highlights only. Management's Discussion and\n Analysis, the audited consolidated financial statements and notes\n thereto of Lassonde Industries Inc. for the year ended\n December 31, 2010 will be ...