Market Overview

Hammond Manufacturing Company Limited Announces Financial Results for First Quarter Ended March 30, 2018

    Three months ending:
    3/30/2018   3/31/2017
Net product sales   $36,150,000   $31,727,000
Income from operating activities(*)   1,984,000   1,449,000
Net income for the period   1,097,000   1,002,000
Total comprehensive income for the period   1,656,000   866,000
Earnings per share        
Basic   $0.10   $0.09
Diluted   $0.10   $0.09
(*) 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, April 30, 2018 (GLOBE NEWSWIRE) --

To all employees and shareholders:

Our markets are up over previous quarters and we are working hard to meet the demand.

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

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