Market Overview

HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for third quarter ended September 29, 2017:

Share:
    Nine months ending:   Three months ending:
    9/29/2017 9/30/2016   9/29/2017 9/30/2016
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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