HMM.A Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited (TSX:HMM.A)



                            Six months ending:       Three months ending:   
                               7/2/10       7/3/09       7/2/10       7/3/09
Net Sales                $ 39,591,000 $ 36,717,000 $ 19,974,000 $ 16,957,000
Earnings from                                                               
 operations(i)              1,849,000    1,494,000      933,000      562,000
Net Earnings                  803,000      451,000      477,000       13,000
Earnings per share       $       0.07 $       0.04 $       0.04 $       0.00
                                                                            
Shares outstanding         11,334,300   11,334,300                          
Net Book value per share $       2.43 $       2.40                          
                                                                            
(i) Earnings from operations is before interest, foreign exchange, equity   
and taxes                                                                   



To all employees and shareholders:

Our sales results in the last quarter are finally getting back to the pre
recession 2008 levels.


Our decision to maintain our inventory levels and keep our skilled people
employed over the slowdown has paid off.


The future is less clear. With the Canadian dollar close to parity with the US
dollar, our focus on cost reduction and productivity improvement needs to
increase. As well, recent forecasts that the economy is slowing are a concern.
We will continue to manage conservatively.


A special thanks is due to all of our employees. This report is the result of a
great team effort.


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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