GUELPH, ONTARIO–(Marketwired – July 24, 2014) –
Six months ending: | Three months ending: | ||||
6/27/14 | 6/28/13 | 6/27/14 | 6/28/13 | ||
Net Product Sales | $50,968,000 | $47,221,000 | $26,215,000 | $23,334,000 | |
Income from operating activities(*) | 2,934,000 | 2,156,000 | $1,579,000 | $1,105,000 | |
Net Income for Period | 1,904,000 | 1,118,000 | $1,149,000 | $582,000 | |
Earnings per share | |||||
Basic | $0.17 | $0.10 | $0.10 | $0.05 | |
Diluted | $0.17 | $0.10 | $0.10 | $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:
After a slow first quarter our markets are showing positive signs of activity combined with favorable foreign exchange impacts.
Hammond Manufacturing Company Limited (TSX:HMM.A) 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.
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com
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