For the three months ended November 30, 2015, the Company reported net income of $2 million compared to $1.5 million a year ago.
Consolidated sales for the twelve months ended November 30, 2015 were $539 million compared to $500.2 million for the twelve month comparable period last year.
Consolidated sales for the three months ended November 30, 2015 were $135.2 million compared to $124.5 million last year.
"Transition and change; these two words best summarize a very busy year. For sure we are happy with several aspects of our results. We have grown our sales to a record $539 million, nearly 8% more than last year. We have maintained gross margin level, kept expenses in check and improved our profitability significantly at $8.6 million; 24% more than the previous twelve months period," said Denis Fraser, President and CEO.
Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products.
