Lassonde posts earnings….aren’t you glad they bought Clement Pappas?

30 Mar

So Lassonde bought Clement Pappas last year and here is their earnings report, released today:

http://www.montrealgazette.com/business/Food+industry+facing+strong+headwinds+Rougemont+based+juicemaker/6386059/story.html

Seems to me that they are saying that gee whiz, the costs all all ingredients are going up, and then they specifically mention apple and orange concentrate.  In the next sentence they say that they sure are glad they bought Clement Pappas because they really boosted our lackluster earnings.  Hmmm.  How does it make the cranberry growers  feel that delivered to Clement Pappas and received a price below the cost of production?  Atta boy, good job.  Bring us your crop next year.  Come on Pappas, you can do better.

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