Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

August 07, 2015 17:01 ET

Hammond Manufacturing Company Limited Announces Financial Results for Second Quarter Ended July 3, 2015

GUELPH, ONTARIO--(Marketwired - Aug. 7, 2015) - Hammond Manufacturing Company Limited (TSX:HMM.A) -

Six months ending: Three months ending:
7/03/15 6/27/14 7/03/15 6/27/14
Net Product Sales $ 59,509,000 $ 50,968,000 $ 28,993,000 $ 26,215,000
Income from operating activities* 3,214,000 2,934,000 $ 1,307,000 $ 1,579,000
Net Income for Period 1,765,000 1,904,000 $ 937,000 $ 1,149,000
Earnings per share
Basic $ 0.16 $ 0.17 $ 0.09 $ 0.10
Diluted $ 0.16 $ 0.17 $ 0.09 $ 0.10
* 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:

Competitive pricing has brought in additional business but at lower margins. We need to streamline our activities and capitalize on the volume.

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