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HMM.A Hammond Manufacturing Company Limited

10.45
0.10 (0.97%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hammond Manufacturing Company Limited TSX:HMM.A Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.97% 10.45 10.25 10.45 10.50 10.30 10.49 6,780 21:00:02

Hammond Manufacturing Company Limited Announces Financial Results for First Quarter Ended March 28, 2014

28/04/2014 9:59pm

Marketwired Canada


Hammond Manufacturing Company Limited (TSX:HMM.A) -



                                                   Three months ending:     
                                                      3/28/14        3/29/13
Net Product Sales                               $  24,753,000  $  23,887,000
Income from operating activities((i))               1,355,000      1,051,000
Net Income for Period                                 755,000        536,000
                                                                            
Earnings per share                                                          
  Basic                                         $        0.07  $        0.05
  Diluted                                       $        0.07  $        0.05





                                                                            
((i)) 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:

Sales dollars were up as a result of a weaker Canadian dollar despite flat
product sales.


Operating income benefited from the weaker dollar as well as our continuous
improvement through employee involvement.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com

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