GUELPH, ONTARIO--(Marketwired - May 3, 2013) - Hammond Manufacturing Company Limited (TSX:HMM.A) -
| Three months ending: | |||||
| 3/29/13 | 3/30/12 | ||||
| Net Sales | $ | 23,718,000 | $ | 23,714,000 | |
| Income from operating activities(*) | 1,051,000 | 803,000 | |||
| Net Income for Period | 536,000 | 520,000 | |||
| Earnings per share | |||||
| Basic | $ | 0.05 | $ | 0.05 | |
| Diluted | $ | 0.05 | $ | 0.05 | |
| * Earnings from operations is before interest, foreign exchange, equity interest, other income and taxes | |||||
| NOTE: The interim financial results have not been reviewed by an auditor | |||||
To all employees and shareholders:
Sales were flat compared to the first quarter of 2012. Gross margin improvements were offset by foreign exchange headwinds.
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
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com