Lassonde Industries Inc., Rougemont, Quebec, posted sales of $315 million in the third quarter of 2014, marking a 22.3 percent increase compared with the prior-year period. Sales for the third quarter included the Apple & Eve LLC (A&E) portfolio, which was acquired earlier this year. Profit attributable to the company's shareholders for this period totaled $10.6 million, reflecting a decrease of $600,000 from the third quarter of 2013.
"Our 2014 third-quarter results reflect a combined impact of solid performance by our U.S. private-label products and charges incurred to acquire Apple & Eve,” said Pierre-Paul Lassonde, chairman of the board and chief executive officer of Lassonde Industries, in a statement. “Furthermore, we are satisfied with the progress made in integrating our new subsidiary."