Lassonde Industries (LAS-A) Corporate presentation summary

Strategic overview and market position

• Holds leading positions in North American fruit juice, specialty food, and fruit snack categories, with over 3,500 products in 200 formats and a network of 19 plants and 2,900+ employees.

• Sales are diversified: 57% from the U.S. and 43% from Canada, with a balanced mix of branded (45%) and private label (55%) products.

• Extensive customer base includes major North American retailers and food service distributors.

• Multi-year strategy focuses on building a growth-oriented portfolio, driving sustainable performance, and improving capacity to act.

• New operating model features two North American divisions (Beverage and Specialty Food) to sharpen focus and accelerate key initiatives.

Financial performance and growth

• Achieved 2025 sales of $2.9 billion, up 12.8% from 2024, with a 7.2% increase excluding currency and acquisitions.

• Operating profit rose 29.4% to $226 million (7.7% of sales), and adjusted EBITDA reached $344.1 million (+24.7%).

• Profit attributable to shareholders increased 31.1% to $149.7 million, with adjusted EPS of $22.82.

• Net debt to adjusted EBITDA ratio improved to 1.42x, with leverage expected to remain below 2.0x through 2026.

• Five-year trend shows consistent sales and profitability growth, with adjusted EBITDA margin rising to 11.7% in 2025.

Business unit highlights and investments

• Canadian beverage unit strengthened #1 market position through innovation, targeted marketing, and disciplined pricing.

• U.S. beverage unit saw market share gains, especially in private label, supported by investments in single-serve and juice box platforms.

• Specialty food segment integrated the Summer Garden acquisition, driving sales of $205.5 million and aligning structure with beverage division.

• Food service channel expanded with a new North American team and a $10M investment in aseptic packaging.

• Major capital projects include a $200M New Jersey facility (completion in 2027) and a $20M North Carolina investment to boost U.S. production capacity.