Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

July 19, 2012 10:48 ET

Hammond Manufacturing Company Limited Announces Financial Results for the Second Quarter Ended June 29, 2012

GUELPH, ONTARIO--(Marketwire - July 19, 2012) - HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results for the second quarter ended June 29, 2012:

Six months ending: Three months ending:
6/29/12 7/1/11 6/29/12 7/1/11
Net Sales $ 48,081,000 $ 42,466,000 $ 24,367,000 $ 20,735,000
Earnings from operating activities(*) 1,823,000 1,795,000 1,020,000 237,000
Income for Period 1,085,000 1,068,000 565,000 96,000
Earnings per share
Basic $ 0.10 $ 0.09 $ 0.05 $ 0.00
Diluted $ 0.10 $ 0.09 $ 0.05 $ 0.00
(*) 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 levels continue to provide modest growth over prior quarters in a very competitive market.

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