Company News: Page (1) of 1 - 05/03/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

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

(May 03, 2012)

GUELPH, ONTARIO -- (Marketwire) -- 05/03/12 -- 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.

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


Copyright @ Marketwire

Page: 1


Related Keywords: Hammond Manufacturing Company Limited , Marketwire, , Financial, Other,

HOT THREADS on DMN Forums
Content-type: text/html  Rss  Add to Google Reader or
Homepage    Add to My AOL  Add to Excite MIX  Subscribe in
NewsGator Online 
Real-Time - what users are saying - Right Now!

Our Privacy Policy --- @ Copyright, 2015 Digital Media Online, All Rights Reserved