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Hammond Manufacturing Company Limited Class A Subordinate Voting Shares

Exchange: TSX Exchange | Jan 22, 2018, 11:19 AM EST

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HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for third quarter ended September 29, 2017:
  Nine months ending: Three months ending:
  9/29/20179/30/2016 9/29/20179/30/2016
Net Product Sales$96,634,000$87,729,000 $31,421,000$27,944,000
Income from operating activities(*) 4,763,000 1,624,000  1,032,000 188,000
Net Income (loss) for Period 3,742,000 819,000  1,161,000 -296,000
Total comprehensive income (loss) for the period 2,612,000 -225,000  549,000 -82,000
       
Earnings (Loss) per share     
 Basic$0.33$0.07 $0.10-$0.03
 Diluted$0.33$0.07 $0.10-$0.03
(*) 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 

GUELPH, Ontario , Oct. 25, 2017 (GLOBE NEWSWIRE) --

To all employees and shareholders:

Our markets remain strong and we continue to take advantage of this strength.

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.

For information, contact:
Hammond Manufacturing Company Limited
Robert F. Hammond, Chairman and CEO
Tel. (519) 822-2960
Fax. (519) 822-7289
Email:  ir@hammfg.com

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