Hammond Manufacturing Company Limited Announces Financial Results for Second Quarter Ended June 27, 2014


GUELPH, ONTARIO--(Marketwired - July 24, 2014) -

Six months ending:Three months ending:
6/27/146/28/136/27/146/28/13
Net Product Sales$50,968,000$47,221,000$26,215,000$23,334,000
Income from operating activities(*)2,934,0002,156,000$1,579,000$1,105,000
Net Income for Period1,904,0001,118,000$1,149,000$582,000
Earnings per share
Basic$0.17$0.10$0.10$0.05
Diluted$0.17$0.10$0.10$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:

After a slow first quarter our markets are showing positive signs of activity combined with favorable foreign exchange impacts.

Hammond Manufacturing Company Limited (TSX:HMM.A) 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