GUELPH, ONTARIO--(Marketwired - Oct. 25, 2013) - Hammond Manufacturing Company Limited (TSX:HMM.A) -
| Nine months ending: | Three months ending: | ||||||||
| 9/27/13 | 9/28/12 | 9/27/13 | 9/28/12 | ||||||
| Net Sales | $ | 69,345,000 | $ | 70,869,000 | $ | 22,489,000 | $ | 22,788,000 | |
| Income from operating activities(*) | 2,900,000 | 2,385,000 | $ | 744,000 | $ | 562,000 | |||
| Net Income for Period | 1,503,000 | 1,398,000 | $ | 385,000 | $ | 313,000 | |||
| Earnings per share | |||||||||
| Basic | $ | 0.13 | $ | 0.12 | $ | 0.03 | $ | 0.03 | |
| Diluted | $ | 0.13 | $ | 0.12 | $ | 0.03 | $ | 0.03 | |
| (*) 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:
Nine month year to date sales compared to last year are down 2.2% to $69,345,000. Net income in the same period increased 7.3% to $1,503,000.
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