Goodfellow Inc. Welcomes New Board Member and Reports Q2 Results

Goodfellow Inc., a prominent trading company and distributor in the industrials sector, has recently announced significant developments. The company, which specializes in saw timber, lumber, and various wood products, has welcomed Suzanne Blanchet to its Board of Directors and reported its financial results for the second quarter ended May 31, 2025.

Board Expansion

On July 10, 2025, Goodfellow Inc. announced the addition of Suzanne Blanchet to its Board of Directors. This appointment, effective immediately, was highlighted by Robert Hall, President of the Board, who expressed enthusiasm about Blanchet’s extensive experience in managing and governing public companies. Blanchet’s strategic leadership and expertise in industrial sectors are expected to enhance the board’s ability to drive strategic initiatives and support the executive team in maintaining Goodfellow’s industry leadership.

Suzanne Blanchet, holding honors such as D.h.c. and IAS.A, is recognized for her executive management skills and professional governance. She currently serves on the boards of several public and private companies, including GDI Integrated Facility Services Inc. and Velan Inc., where she holds the position of Chair.

Financial Performance

In the same announcement, Goodfellow Inc. reported its financial results for the second quarter of 2025. While specific financial figures were not detailed in the provided information, the company’s recent performance can be contextualized by its market metrics. As of July 8, 2025, Goodfellow’s stock closed at CAD 12.35, with a 52-week high of CAD 15.2 on October 3, 2024, and a low of CAD 10.41 on April 10, 2025. The company’s market capitalization stands at CAD 103,610,000, and it has a price-to-earnings ratio of 9.37.

These developments reflect Goodfellow Inc.’s ongoing efforts to strengthen its governance and financial standing in the competitive trading and distribution industry. The addition of a seasoned board member like Suzanne Blanchet is anticipated to bolster the company’s strategic direction and operational effectiveness.