Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

October 25, 2007 11:36 ET

Hammond Manufacturing Company Limited Announces Financial Results for the Third Quarter Ending September 28, 2007

GUELPH, ONTARIO--(Marketwire - Oct. 25, 2007) - Hammond Manufacturing Company Limited (TSX:HMM.A) -



Nine months ending: Three months ending:
9/28/07 9/29/06 9/28/07 9/29/06

Net sales $55,858,000 $53,910,000 $18,241,000 $17,201,000
Earnings from operations $1,142,000 $1,995,000 ($190,000) $391,000
Net earnings $621,000 $800,000 $15,000 $207,000
Earnings per share $0.05 $0.07 $0.00 $0.02

Shares outstanding 11,334,300 11,314,300
Net book value per share $1.96 $1.88


Despite a 6% increase in net sales over Q3 2006 our sales softened 5.8% from Q2 2007.

The negative impact of currency exchange on margins and balance sheet translation was offset by strong earnings at Moloney Electric. The result is a profit of $15,000 for the quarter.

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)
    Email: ir@hammfg.com