Nov 8 (Reuters) - Lassonde Industries Inc LASa.TO :
* ANNOUNCES ITS Q3 2019 RESULTS
* Q3 EARNINGS PER SHARE C$2.21
* Q3 SALES ROSE 1 PERCENT TO C$422.9 MILLION
* LASSONDE INDUSTRIES - COMPANY EXPECTS THAT, FOR 2019, IT WILL BE ABLE TO ACHIEVE A CONSOLIDATED ANNUAL SALES GROWTH RATE SLIGHTLY ABOVE THAT OF 2018
* "COMPANY REMAINS CAUTIOUS IN A U.S. COMPETITIVE ENVIRONMENT THAT HAS BECOME PARTICULARLY CHALLENGING"
* LASSONDE INDUSTRIES - CO BELIEVES THAT INVESTMENT-RELATED WORK COULD STILL ADVERSELY AFFECT RATE OF PRODUCTION AT ONE OF ITS PLANTS IN LAST QUARTER OF 2019.
* 2019 THIRD-QUARTER OPERATING PROFIT WAS AFFECTED BY HIGHER MANUFACTURING OVERHEAD COSTS IN UNITED STATES
* LASSONDE INDUSTRIES - 2019 Q3 OPERATING PROFIT WAS AFFECTED BY A SLOWER RATE OF PRODUCTION ARISING FROM NEW EQUIPMENT BEING INSTALLED AT ONE OF OUR CANADIAN PLANTS