Hammond Manufacturing Company Limited
TSX : HMM.A

Hammond Manufacturing Company Limited

October 25, 2013 13:53 ET

Hammond Manufacturing Company Limited Announces Financial Results for the Third Quarter Ended September 27, 2013

GUELPH, ONTARIO--(Marketwired - Oct. 25, 2013) - Hammond Manufacturing Company Limited (TSX:HMM.A) -

Nine months ending:Three months ending:
9/27/139/28/129/27/139/28/12
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