Lassonde Industries Inc. announces its Q3-2025 results

Executive Summary

• Lassonde Industries reported Q3 2025 sales of $723.9 M, up 4.8% YoY, and profit attributable to shareholders of $36.8 M, a 24.2% increase year‑over‑year.
• Adjusted EBITDA rose 24.7% to $86.4 M; adjusted EPS increased 28.9% to $5.84.
• The Board declared a quarterly dividend of $1.10 per share (payable Dec 15, 2025).

Key Details

• Financial Highlights (Q3 2025 vs Q3 2024)
• Sales: $723.9 M vs $668.3 M (+$55.6 M)
• Gross profit: $197.6 M vs $179.8 M (+$17.8 M)
• Operating profit: $57.9 M vs $47.2 M (+$10.7 M)
• Net profit (shareholders): $36.8 M vs $29.7 M (+$7.1 M)
• EPS: $5.40 vs $4.35 (+$1.05)
• Adjusted EBITDA: $86.4 M vs $69.3 M (+$17.1 M)

• Adjusted EPS: $5.84 vs $4.53 (+$1.31)

• Operating Metrics

• Operating cash flow generated $117.8 M (up from $87.5 M YoY).
• Long‑term debt increased to $558.5 M, net‑debt/adjusted EBITDA ratio now 1.71:1.

• Days operating working capital remained above historical levels; expected near upper range of historic norm by year‑end.

• Capital Projects

• Completion of relocation of production lines to North Carolina plant – first in‑house U.S. juice box production.

• New Jersey plant ground broken; construction on schedule and on budget.

• Outlook & Guidance

• Anticipates FY 2025 sales growth slightly above 10% (excluding FX impacts).
• Capital expenditures projected at up to 7.0 % of sales for 2025, financed primarily from operating cash flow with possible borrowing.

• Expected depreciation & amortization expense up to $115 M for 2025.

• Dividend

• Board declared a quarterly dividend of $1.10 per share, payable Dec 15, 2025 to shareholders of record Nov 19, 2025.

• Conference Call

• Date: Friday, November 7, 2025 at 8:30 AM ET.
• Dial‑in numbers provided; webcast available online.

Notable Quotes

“Lassonde delivered solid sales and profit growth in the third quarter, driven by strong execution on pricing and a favourable shift in our Canadian private label sales,” – Vince Timpano, CEO.

“Our priority remains executing our strategy, including capital investment projects…first in‑house juice box production in the U.S. enhances our ability to serve customers with improved reliability and lower costs.” – Vince Timpano, CEO.