Professional
Added to YB: 2024-10-07
Pitch date: 2024-09-30
LAS-A.TO [bullish]
Lassonde Industries Inc.
+29.88%
current return
Author Info
No bio for this author
Company Info
Lassonde Industries Inc., together with its subsidiaries, develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, and frozen juice concentrates in Canada, the United States, and internationally.
Market Cap
CAD 1.2B
Pitch Price
CAD 170.50
Price Target
N/A
Dividend
2.27%
EV/EBITDA
7.26
P/E
11.11
EV/Sales
0.71
Sector
Food Products
Category
turnaround
Palm Valley Capital Fund Portfolio Holding: Lassonde Industries Inc.
LAS-A.TO: Fruit juice maker rebounding from cost inflation & inefficiencies. Op profit +30% recently. Major capex to boost performance, especially in lagging US market. Acquired premium sauce brands to expand high-margin Specialty Foods segment. Management expects further improvement.
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