Market Overview

HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for second quarter ended June 29, 2018

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  Six months ending:   Three months ending:
  6/29/2018 6/30/2017   6/29/2018 6/30/2017
Net product sales $73,900,000 $65,213,000   $37,750,000 $33,486,000
Income from operating activities(*) 3,909,000 3,731,000   1,925,000 2,282,000
Net income for the period 2,001,000 2,581,000   904,000 1,579,000
Total comprehensive income for the period 2,851,000 2,063,000   1,195,000 1,197,000
           
Earnings per share          
  Basic $0.18 $0.23   $0.08 $0.14
  Diluted $0.18 $0.23   $0.08 $0.14
           

GUELPH, Ontario, Aug. 14, 2018 (GLOBE NEWSWIRE) --

To all employees and shareholders:

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

Hammond Manufacturing Company Limited (TSX:HMM) 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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