Hammond Manufacturing Company Limited Announces Financial Results for the Third Quarter Ended September 27, 2013
25 Oktober 2013 - 7:54PM
Marketwired Canada
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(i) 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
(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:
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.
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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