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LAS.A — Lassonde Industries News Story

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Brief: Lassonde Industries posts Q3 earnings per share of C$2.52

Nov 11 (Reuters) - Lassonde Industries Inc  LASa.TO : 
    * Lassonde Industries Inc announces its Q3 2016 results 
    * "Seeing moderate growth in industry sales in u.s. Fruit 
juice and drink market" 
    * Competitive environment in canada remains challenging, and 
company does not see any signs of activity increasing by end of 
2016 
    * "Remains optimistic about its ability to slightly increase 
its consolidated sales in 2016 compared to those of 2015" 
    * Our cumulative results benefited from five more delivery 
days than in 2015, Q4 of 2016 may be affected by "reversal of 
this effect" 
    * Q3 earnings per share c$2.52 
    * Q3 sales c$377.2 million versus c$363.3 million 
 
Source text for Eikon:  ID:nCNWqHRXDa  
Further company coverage:  LASa.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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