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Hammond Manufacturing Company Ltd T.HMM.A

Alternate Symbol(s):  HMFAF

Hammond Manufacturing Company Limited is a Canada-based company, which is involved in the design, manufacture, and sale of electrical and electronic components. The Company manufactures a 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. Its primary products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low voltage) transformers. The Company and its subsidiaries operate in Canada, the United States, the United Kingdom and Australia and Taiwan. Its products include Mild Steel Enclosures (Type 12, 4), Stainless Steel Enclosures (Type 4X), Aluminum Enclosures (Type 4X), Disconnect Enclosures, Modular Freestanding Enclosures, Operator Interface Enclosures, Wireway & Trough, Commercial Enclosures, Climate Control, Data Communication Infrastructure and General Accessories.


TSX:HMM.A - Post by User

Post by babybunnyon May 02, 2023 6:45pm
167 Views
Post# 35426314

Rock Solid Q1 😀🤩😎

Rock Solid Q1 😀🤩😎

Another blowout quarter, a product of higher sales, stronger pricing, and a favourable USD/CAD exchange rate.  And every bit of earnings was like granite, carrying through to comprehensive earnings per share and therefore being accretive to book value.

I was expecting earnings in the 15c - 20c per share range (which would have been quite satisfactory), so 37c per share is most definitely a "positive surprise" .  

  

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