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ING Groep(ING) - 2025 H2 - Earnings Call Presentation
2025-08-22 00:00
For personal use only FY25 FINANCIAL RESULTS PRESENTATION 22 AUGUST 2025 Bostock Brothers farm, Hawke's Bay, New Zealand FY25 RESULTS WEBCAST This presentation accompanies the live webcast to be hosted by Ed Alexander (CEO & MD), Gary Mallett (CFO) and Anne Marie Mooney (COO), which is scheduled for 10.00am AEST on 22 August 2025. For personal use only To register and join the webcast, please use the following link: ➢ https://meetings.lumiconnect.com/300 -145 -744 -643 We suggest participants register and l ...
Goodfellow Reports Its Results for the Second Quarter Ended May 31, 2025
Globenewswire· 2025-07-10 21:02
Core Insights - Goodfellow Inc. reported a decline in net earnings for the second quarter of 2025, with net earnings of $2.5 million or $0.29 per share, down from $5.3 million or $0.62 per share in the same period last year [1][5] - Consolidated sales increased to $152.9 million in Q2 2025 from $140.3 million in Q2 2024, indicating a growth in revenue despite the drop in earnings [1][5] - For the first half of 2025, net earnings were $0.2 million or $0.02 per share, significantly lower than $5.2 million or $0.61 per share in the first half of 2024, while consolidated sales rose to $264.1 million from $245.7 million [2][5] Financial Performance - The company experienced a notable increase in consolidated sales, with Q2 2025 sales at $152.9 million compared to $140.3 million in Q2 2024, representing an increase of approximately 11.5% [1][5] - The cost of goods sold for Q2 2025 was $120.2 million, up from $106.2 million in Q2 2024, reflecting rising operational costs [5] - Selling, administrative, and general expenses also increased to $28.1 million in Q2 2025 from $26.1 million in Q2 2024 [5] Market Dynamics - The company's performance is influenced by challenging market dynamics and inflationary pressures on operational costs [3] - There has been a shift in consumer preference towards Canadian-sourced wood products, driven by concerns regarding U.S. trade policy, which has contributed to modest domestic demand and price stability [3] Company Overview - Goodfellow Inc. is a diversified manufacturer of value-added lumber products and a wholesale distributor of building materials and floor coverings, serving both commercial and residential sectors [4] - The company has a distribution network across Canada and the Northeastern U.S., and it also serves international lumber markets [4]