HAMMOND MANUFACTURING COMPANY LIMITED Announces Financial Results for the Third Quarter Ended September 28, 2012
October 25 2012 - 1:54PM
Marketwired
HAMMOND MANUFACTURING COMPANY LIMITED announces financial results
for the third quarter ended September 28, 2012:
Nine months ending: Three months ending:
9/28/12 9/30/11 9/28/12 9/30/11
Net Sales $ 70,869,000 $ 63,477,000 $ 22,788,000 $ 21,011,000
Earnings from operating
activities(i) 2,385,000 2,225,000 562,000 430,000
Income for Period 1,398,000 1,171,000 313,000 103,000
Earnings per share
Basic $ 0.12 $ 0.10 $ 0.02 $ 0.01
Diluted $ 0.12 $ 0.10 $ 0.02 $ 0.01
(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:
A high Canadian dollar and cautious markets slowed sales in the
quarter.
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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