Hammond Manufacturing Company Limited Announces Financial Results for the First Quarter Ended March 30, 2012
03 Maio 2012 - 1:18PM
Marketwired
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
Hammond Manufacturing (TSX:HMM.A)
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