Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

October 22, 2009 13:09 ET

Hammond Manufacturing Company Limited Announces Financial Results for the Third Quarter Ended October 2, 2009

GUELPH, ONTARIO--(Marketwire - Oct. 22, 2009) - Hammond Manufacturing Company Limited (TSX:HMM.A) -



Nine months ending: Three months ending:
10/2/09 9/26/08 10/2/09 9/26/08
Net Sales $ 53,216,000 $ 57,519,000 $ 16,499,000 $ 19,035,000
Earnings from
operations $ 1,370,000 $ 1,415,000 $ (124,000) $ 593,000
Net Earnings $ (113,000) $ 2,444,000 $ (564,000) $ 306,000
Earnings per share $ (0.01) $ 0.22 $ (0.05) $ 0.03

Shares outstanding 11,334,300 11,334,300
Net Book value per
share $ 2.35 $ 2.14


Third quarter results provided a loss of $564,000. This consisted of a $124,000 loss from operations and $260,000 loss from foreign exchange valuation as the Canadian dollar strengthened.

Our continued focus is on cost reduction and market share growth.

Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers.

Contact Information

  • Hammond Manufacturing Company Limited
    Robert F. Hammond
    Chairman and CEO
    (519) 822-2960
    (519) 822-7289 (FAX)
    ir@hammfg.com