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Good Natured Products Inc V.GDNP


Primary Symbol: V.GDNP.H Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP.H - Post by User

Post by retiredcfon Apr 13, 2021 8:57am
197 Views
Post# 32983810

Globe & Mail

Globe & Mail

08:09 AM EDT, 04/13/2021 (MT Newswires) -- Good Natured Products (GDNP.V) reported revenue for Q1 2021 is expected to be approximately $8.0 million, a 160% increase, compared to $3.05 million for the fiscal quarter ended March 31, 2020. Gross margins for Q1 2021 are expected to range between 36% and 38% compared to 36.3% for last year.

The company plans to release full Q1 2021 results in May 2021.

"Our strong revenue growth performance was driven by our strategic acquisitions completed in 2020, Shepherd Thermoforming and IPF, while gross margin benefitted from product and customer revenue mix for the quarter," said CEO Paul Antoniadis. "Despite disruptions in key markets from COVID-19 variants and extreme weather-related events in the southern US, our team and partners executed extremely well. We remain very optimistic on our organic growth prospects and acquisition opportunities."

Price: 1.2400, Change: -0.1300, Percent Change: -9.49

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