Earnings Call Summary | LASSONDE INDUSTRIES INC(LSDAF.US) Q4 2023 Earnings Conference
Earnings Call Summary | LASSONDE INDUSTRIES INC(LSDAF.US) Q4 2023 Earnings Conference
The following is a summary of the Lassonde Industries Inc. (LSDAF) Q4 2023 Earnings Call Transcript:
以下是拉松德工业公司(LSDAF)2023年第四季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Lassonde reported an annual sales increase of 7.6% for 2023, attributed to price adjustments and a favorable sales mix, with a Q4 sales increase of 8.8%, reaching $605 million.
A significant increase in reported gross profit to $153 million, which constitutes 25.2% of sales, and adjusted profit attributable to shareholders was $21 million or $3.14 per share.
Adjusted EBITDA increased by 32% compared to the previous year, and the gross margin improved by over 100 basis points due to high gross margins and lower freight costs.
Lassonde Industries Inc. reported acquiring a controlling interest in Diamond Estates Wines & Spirits from November 14, 2023.
拉松德报告称,由于价格调整和良好的销售组合,2023年的年销售额增长了7.6%,第四季度销售额增长了8.8%,达到6.05亿美元。
报告的毛利大幅增长至1.53亿美元,占销售额的25.2%,调整后的股东应占利润为2,100万美元,合每股3.14美元。
调整后的息税折旧摊销前利润与上年相比增长了32%,毛利率提高了100多个基点,这要归因于高毛利率和较低的运费。
拉松德工业公司报告称,自2023年11月14日起收购了钻石庄园葡萄酒与烈酒的控股权。
Business Progress:
业务进展:
Market share grew in Canada, evidencing a successful build-back plan in the wake of declining fruit juice and drink demand.
The implementation of a new TMS system led to reduced freight costs and improved adjusted EBITDA.
Lassonde expanded its production capabilities, initiating a new high-speed juice box line, and planning a new single-serve line at its North Carolina facility, set to begin full production in 2025.
Expected volume decline in the first half of 2024 is anticipated to be offset by a sequential volume improvement in the latter half of the year.
The company is considering growth options for its specialty food division in 2024, potentially involving organic growth or acquisitions.
加拿大的市场份额增长,这证明了在果汁和饮料需求下降之后的成功重建计划。
新的TMS系统的实施降低了运费成本并改善了调整后的息税折旧摊销前利润。
Lassonde扩大了生产能力,启动了新的高速果汁盒生产线,并计划在其北卡罗来纳州的工厂建造一条新的单份生产线,该生产线定于2025年开始全面生产。
预计2024年上半年的销量下降将被下半年销量的连续增长所抵消。
该公司正在考虑在2024年为其特种食品部门提供增长方案,可能涉及有机增长或收购。
More details: LASSONDE INDUSTRIES INC IR
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