Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

October 25, 2012 14:54 ET

HAMMOND MANUFACTURING COMPANY LIMITED Announces Financial Results for the Third Quarter Ended September 28, 2012

GUELPH, ONTARIO--(Marketwire - Oct. 25, 2012) - HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for the third quarter ended September 28, 2012:

Nine months ending: Three months ending:
9/28/12 9/30/11 9/28/12 9/30/11
Net Sales $ 70,869,000 $ 63,477,000 $ 22,788,000 $ 21,011,000
Earnings from operating activities* 2,385,000 2,225,000 562,000 430,000
Income for Period 1,398,000 1,171,000 313,000 103,000
Earnings per share
Basic $ 0.12 $ 0.10 $ 0.02 $ 0.01
Diluted $ 0.12 $ 0.10 $ 0.02 $ 0.01
* 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:

A high Canadian dollar and cautious markets slowed sales in 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)
    ir@hammfg.com