Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Sarah Prichard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Mar 03
Goodfellow Inc., Annual General Meeting, May 12, 2026 Goodfellow Inc., Annual General Meeting, May 12, 2026. Location: quebec, delson Canada 공시 • Feb 20
Goodfellow Inc. Declares Dividend, Payable on March 19, 2026 The Board of directors of Goodfellow Inc. declared an eligible dividend of $0.15 per share payable on March 19, 2026, to shareholders of record at the close of business on March 5, 2026. This dividend is designated as an eligible dividend under the Income Tax Act (Canada). The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. 공시 • Feb 13
Goodfellow Inc. announces Semi-Annual dividend, payable on March 24, 2026 Goodfellow Inc. announced Semi-Annual dividend of CAD 0.1200 per share payable on March 24, 2026, ex-date on March 17, 2026 and record date on March 17, 2026. 공시 • Oct 15
Goodfellow Inc. Declares an Eligible Dividend Payable on November 11, 2025 The Board of Directors of Goodfellow Inc. declared an eligible dividend of $0.35 per share payable on November 11, 2025 to shareholders of record at the close of business on October 28, 2025. This dividend is designated as an eligible dividend under the Income Tax Act (Canada). The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. 공시 • Jul 11
Goodfellow Inc. Appoints Suzanne Blanchet to Its Board of Directors, Effective July 10, 2025 Goodfellow Inc. announced the appointment of Suzanne Blanchet to its Board of Directors, effective July 10, 2025. Suzanne Blanchet (D.h.c., ICD.D) is a seasoned executive and accomplished board director, recognized for her strategic leadership and expertise in industrial sectors. She currently serves on the boards of several public and private companies, including GDI Integrated Facility Services Inc., Velan Inc. (Chair of the Audit Committee), Solmax (Chair of the Audit Committee), EBI Environnement Inc. (Chair of the Audit Committee), and BCI Foods Inc. (Chair of the Board of Directors). Until 2023, she was a director of Resolute Forest Products, where she chaired the Environment, Health and Safety Committee. She also served as Chair of the Réseau des Femmes d’affaires du Québec (RFAQ), a non-profit organization dedicated to the development of women-owned businesses, and remained a board member until 2024. From 1978 to 2017, Suzanne built a distinguished career at Cascades Inc., where she held several leadership roles, most notably as President of Cascades Tissue Group from 1997 to 2014. Under her leadership, the Tissue Group experienced significant growth in Canada and the United States, becoming the fourth-largest tissue paper manufacturer in North America. From 2014 until her retirement in 2017, she served as Senior Vice-President, Corporate Development, where she led the company’s innovation strategy and oversaw the development and implementation of Cascades’ ESG plan. Suzanne holds a degree in accounting from the Université du Québec à Trois-Rivières and is a certified corporate director (ICD.D). She has received several honors, including the Golden Stevie Award for Executive of the Year in Canada in 2013. In 2015, the Université du Québec en Outaouais awarded her an honorary doctorate in recognition of her outstanding contribution as a pioneer in sustainable development and her innovative approaches within the pulp and paper industry. 공시 • Mar 04
Goodfellow Inc., Annual General Meeting, May 14, 2025 Goodfellow Inc., Annual General Meeting, May 14, 2025. Location: quebec, delson Canada 공시 • Feb 20
Goodfellow Inc. Declares Dividend, Payable on March 19, 2025 The Board of directors of Goodfellow Inc. declared an eligible dividend of $0.25 per share payable on March 19, 2025, to shareholders of record at the close of business on March 5, 2025. Declared Dividend • Oct 14
Dividend of CA$0.25 announced Shareholders will receive a dividend of CA$0.25. Ex-date: 23rd October 2024 Payment date: 6th November 2024 Dividend yield will be 6.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Oct 11
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.7% to €9.05. The fair value is estimated to be €11.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has declined by 39%. Reported Earnings • Oct 10
Third quarter 2024 earnings released: EPS: CA$0.68 (vs CA$0.73 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.68 (down from CA$0.73 in 3Q 2023). Revenue: CA$139.7m (flat on 3Q 2023). Net income: CA$5.75m (down 7.1% from 3Q 2023). Profit margin: 4.1% (down from 4.4% in 3Q 2023). 공시 • Oct 10
Goodfellow Inc. Declares a Dividend, Payable on November 6, 2024 The Board of Directors of Goodfellow Inc. declared an eligible dividend of $0.25 per share payable on November 6, 2024 to shareholders of record at the close of business on October 23, 2024. Reported Earnings • Jul 11
Second quarter 2024 earnings released: EPS: CA$0.62 (vs CA$0.77 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.62 (down from CA$0.77 in 2Q 2023). Revenue: CA$140.3m (down 1.4% from 2Q 2023). Net income: CA$5.31m (down 19% from 2Q 2023). Profit margin: 3.8% (down from 4.6% in 2Q 2023). 공시 • Jul 11
Goodfellow Inc. Appoints Marie-Hélène Nolet to Its Board of Directors Goodfellow Inc. announced the appointment of Marie-Hélène Nolet to its Board of Directors, effective immediately. Marie-Hélène Nolet is an accomplished C-Suite executive and a professional Board member, committed to pursuing transformation and long-term sustainability. She is recognized for her expertise in management, corporate governance, investments, partnerships and strategic planning. Marie-Hélène was Chief Operating Officer at Desjardins Capital and also held important leaderships roles within the Venture Capital, Marketing & Public Affairs, and Advisory Services divisions at the Business Development Bank of Canada. Marie-Hélène started her career in mergers and acquisitions at PwC and in investments at GTI Capital and Hydro-Quebec CapiTech. She also worked for Cesky Mobile, a mobile operator in the Czech Republic. Marie-Hélène currently serves as Chair of the Board of Directors of Aéroports de Montréal and is an ambassador of the Laurent Duvernay-Tardif Foundation. She previously chaired the Board of Directors of the Canadian Club of Montreal. Over the past 25 years, she served on the boards of the Jeune Chambre de commerce de Montréal; Fédération des chambres de commerce du Québec; Fondation de la Jeune Chambre de commerce de Montréal; O Vertigo; and the Montreal Clinical Research Institute’s Foundation. Marie-Hélène holds a Bachelor’s degree in Finance and Entrepreneurship from McGill University. She is a CFA charterholder and a graduate of the Institute of Corporate Directors’ Education Program as well as an Institute-certified Director. Reported Earnings • Apr 12
First quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.025 loss in 1Q 2023) First quarter 2024 results: CA$0.01 loss per share (improved from CA$0.025 loss in 1Q 2023). Revenue: CA$105.3m (flat on 1Q 2023). Net loss: CA$108.0k (loss narrowed 49% from 1Q 2023). 공시 • Mar 02
Goodfellow Inc., Annual General Meeting, May 16, 2024 Goodfellow Inc., Annual General Meeting, May 16, 2024. Location: Delson, QC Quebec Canada Declared Dividend • Feb 26
Final dividend of CA$0.50 announced Shareholders will receive a dividend of CA$0.50. Ex-date: 4th March 2024 Payment date: 19th March 2024 Dividend yield will be 8.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: CA$1.72 (vs CA$3.82 in FY 2022) Full year 2023 results: EPS: CA$1.72 (down from CA$3.82 in FY 2022). Revenue: CA$512.8m (down 19% from FY 2022). Net income: CA$14.7m (down 55% from FY 2022). Profit margin: 2.9% (down from 5.2% in FY 2022). The decrease in margin was driven by lower revenue. 공시 • Feb 20
Goodfellow Inc. Declares Dividend, Payable on March 19, 2024 The Board of directors of Goodfellow Inc. declared an eligible dividend of $0.50 per share payable on March 19, 2024, to shareholders of record at the close of business on March 5, 2024. This dividend is designated as an eligible dividend under the Income Tax Act (Canada). The declaration, timing, amount and payment of future dividends remain at the direction of the Board of Directors. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €10.60, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 14x in the Trade Distributors industry in Germany. 공시 • Oct 06
Goodfellow Inc. Declares Dividend, Payable on November 2, 2023 The Board of Directors of Goodfellow Inc. declared an eligible dividend of $0.50 per share payable on November 2, 2023 to shareholders of record at the close of business on October 19, 2023. This dividend is designated as an eligible dividend under the Income Tax Act (Canada). The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Reported Earnings • Oct 05
Third quarter 2023 earnings released: EPS: CA$0.72 (vs CA$1.24 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.72 (down from CA$1.24 in 3Q 2022). Revenue: CA$139.2m (down 17% from 3Q 2022). Net income: CA$6.19m (down 42% from 3Q 2022). Profit margin: 4.4% (down from 6.3% in 3Q 2022). The decrease in margin was driven by lower revenue. New Risk • Jul 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (€78.9m market cap, or US$86.8m). Reported Earnings • Jul 10
Second quarter 2023 earnings released: EPS: CA$0.77 (vs CA$1.47 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.77 (down from CA$1.47 in 2Q 2022). Revenue: CA$142.3m (down 23% from 2Q 2022). Net income: CA$6.58m (down 48% from 2Q 2022). Profit margin: 4.6% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue.