Lassonde Industries reports record profits and 7.2% sales growth in 2025
Lassonde Industries Inc. (TSX: LAS.A) has released its financial results for the fourth quarter and full year ending December 31, 2025. The company reported strong growth, with profits and sales rising significantly compared to 2024. In the fourth quarter, the company's sales reached $768.1 million, an increase of $30.0 million (4.1%) from the same period last year. Gross profit climbed to $225.0 million (29.3% of sales), up $32.1 million from 2024. Operating profit for the quarter rose to $71.1 million, a $28.2 million improvement, while adjusted EBITDA grew by $22.2 million (27.9%) to $101.8 million (13.3% of sales).
Profit attributable to shareholders jumped to **$54.0 million**, delivering earnings per share (EPS) of **$7.92**—a near-doubling of **$26.9 million (99.2%)** from the previous year. For the full fiscal year 2025, sales totalled **$2,934.0 million**, up **$181.2 million (7.2%)**. Gross profit reached **$801.5 million (27.3% of sales)**, a **$58.2 million** increase. Operating profit for the year grew to **$226.1 million**, rising by **$41.5 million**, while adjusted EBITDA improved by **$68.2 million (24.7%)** to **$344.1 million (11.7% of sales)**.
The results show consistent growth across key financial metrics. Sales, profits, and margins all improved in both the quarter and the full year. The company has not reported any direct impact from ongoing trade negotiations, such as the USMCA 2026 review, which remain in early stages without finalised outcomes.