Lassonde Industries Inc. (TSE:LAS.A) has released an update.
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Lassonde Industries Inc. has reported a strong start to 2024 with Q1 sales increasing to $569.8 million and a notable 32% growth in operating profit, driven by strategic pricing, cost management, and positive sales mix changes. The company attributes its success to robust brand reputation, an extensive product portfolio, and solid customer relationships, as well as optimistic projections for the U.S. market and specialty food business expansion.
For further insights into TSE:LAS.A stock, check out TipRanks’ Stock Analysis page.
