GUELPH, ONTARIO--(Marketwired - May 3, 2013) - Hammond Manufacturing Company Limited (TSX:HMM.A) -
|Three months ending:|
|Income from operating activities(*)||1,051,000||803,000|
|Net Income for Period||536,000||520,000|
|Earnings per share|
|* 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 were flat compared to the first quarter of 2012. Gross margin improvements were offset by foreign exchange headwinds.
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.