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HMM.A Hammond Manufacturing Company Limited

10.30
-0.15 (-1.44%)
23 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
  -0.15 -1.44% 10.30 10.30 10.31 10.45 10.30 10.36 19,257 20:59:59

Hammond Manufacturing Company Limited Announces Financial Results for the First Quarter Ended March 30, 2012

03/05/2012 5:18pm

Marketwired Canada


HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results
for the first quarter ended March 30, 2012:




                                                Three months ending:        
                                            March 30, 2012     April 1, 2011
Net Sales                                   $   23,714,000    $   21,731,000
Earnings from operating activities(i)              803,000         1,558,000
Income for Period                                  520,000           972,000
                                                                            
Earnings per share                                                          
  Basic                                     $         0.05    $         0.09
  Diluted                                   $         0.05    $         0.09
                                                                            
(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 growth continues with pressures from a high Canadian dollar and a large
volume of low margin work. 


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.


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