Overview
* Canadian building materials firm Goodfellow ( GFELF ) Q3 net earnings decline to C$3.7 mln from C$5.8 mln a year ago
* Q3 sales rise to C$142 mln from C$140 mln year-over-year
* Company focuses on cost management and growth in value-added products
Outlook
* Company did not provide specific guidance for future quarters
Result Drivers
* COST MANAGEMENT - Goodfellow ( GFELF ) focused on disciplined cost management to navigate economic conditions
* VALUE-ADDED PRODUCTS - Targeted growth in value-added products and specialty markets contributed to higher sales
* DIVERSIFIED MODEL - Diversified business model and customer-focused approach supported sales growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales C$141.91
mln
Q3 Net C$3.74
Income mln
Q3 Basic C$0.45
EPS
Q3 C$5.20
Pretax mln
Profit
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)