GUELPH, ONTARIO--(Marketwired - July 18, 2013) - Hammond Manufacturing Company Limited (TSX:HMM.A) -
| Six months ending: | Three months ending: | ||||||||
| 6/28/13 | 6/29/12 | 6/28/13 | 6/29/12 | ||||||
| Net Sales | $ | 46,856,000 | $ | 48,081,000 | $ | 23,138,000 | $ | 24,367,000 | |
| Income from operating activities* | 2,156,000 | 1,823,000 | $ | 1,105,000 | $ | 1,020,000 | |||
| Net Income for Period | 1,118,000 | 1,085,000 | $ | 582,000 | $ | 565,000 | |||
| Earnings per share | |||||||||
| Basic | $ | 0.10 | $ | 0.10 | $ | 0.05 | $ | 0.05 | |
| Diluted | $ | 0.10 | $ | 0.10 | $ | 0.05 | $ | 0.05 | |
| * 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:
Despite sales levels being down our efforts in continuous improvement through employee involvement have managed to improve our income from operations.
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.
