Lassonde Industries Inc (TSX:LAS.A)
C$ 214.9 -0.10 (-0.05%) Market Cap: 1.47 Bil Enterprise Value: 2.15 Bil PE Ratio: 12.76 PB Ratio: 1.39 GF Score: 82/100

Q4 2024 Lassonde Industries Inc Earnings Call Transcript

Mar 28, 2025 / 11:30 AM GMT
Release Date Price: C$213 (+0.24%)

Key Points

Positve
  • Lassonde Industries Inc (LSDAF) achieved record financial results in 2024 with sales exceeding $2.6 billion and adjusted EBITDA of $276 million.
  • The company's US business showed a 10% volume increase, indicating successful market share growth despite a declining category.
  • Lassonde Industries Inc (LSDAF) expanded its specialty food business by acquiring Summer Garden Food Manufacturing, enhancing its product portfolio.
  • The company is investing $220 million in a multi-year program to construct a new facility in New Jersey and enhance its North Carolina operations, boosting production capabilities and creating job opportunities.
  • Lassonde Industries Inc (LSDAF) successfully executed pricing strategies in Canada to offset high orange juice costs, supported by innovation and promotional plans.
Negative
  • The North Carolina facility faced disruptions due to Hurricane Elaine, leading to a 15-day plant closure and subsequent production delays.
  • Mechanical issues with the single-serve line in North Carolina resulted in missed production targets and opportunities.
  • The company anticipates margin contraction in Q1 2025 due to a recent surge in apple juice concentrate costs.
  • Transportation and warehousing costs have risen due to potential North American trade disputes, impacting the company's cost structure.
  • Lassonde Industries Inc (LSDAF) faces uncertainties related to tariffs, which could affect consumer demand and global supply chains.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LASa.TO - Lassonde Industries Inc
Q4 2024 Lassonde Industries Inc Earnings Call
Mar 28, 2025 / 11:30AM GMT

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Presentation
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Good morning, ladies and gentlemen.

Thank you for standing by.

Welcome to Leonde Industries 2024 4th quarter and year-end earnings conference call.

The corporation's press release reporting its financial results was published yesterday after the market closed.

It can be found on its website at lason.com along with the MDNA and financial statements.

These documents are available on Cedar Plus as well.

A presentation supporting this conference call was also posted on the website.

At this time, all participants are in a listen-only mode.

Following the presentation, we will conduct a question and answer session.

Instructions will be provided at
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