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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 the Second Quarter Ended June 29, 2012

19/07/2012 3:48pm

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Hammond Manufacturing (TSX:HMM.A)
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HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results for the second quarter ended June 29, 2012:


                              Six months ending:        Three months ending:
                           6/29/12        7/1/11       6/29/12        7/1/11
Net Sales             $ 48,081,000  $ 42,466,000  $ 24,367,000  $ 20,735,000
Earnings from                                                               
 operating                                                                  
 activities(i)           1,823,000     1,795,000     1,020,000       237,000
Income for Period        1,085,000     1,068,000       565,000        96,000
                                                                            
Earnings per share                                                          
  Basic               $       0.10  $       0.09  $       0.05  $       0.00
  Diluted             $       0.10  $       0.09  $       0.05  $       0.00
                                                                            
(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 levels continue to provide modest growth over prior quarters in a very competitive market.

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.

Contacts: Hammond Manufacturing Company Limited Robert F. Hammond Chairman and CEO (519) 822-2960 (519) 822-7289 (FAX)ir@hammfg.com

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