Hammond Manufacturing Company Ltd T.HMM.A

Alternate Symbol(s): HMFAF

Industrials

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

Hammond Manufacturing Company Ltd

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Post by babybunnyon Mar 21, 2024 1:02pm

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Post# 35945340

Rock Solid Q4 😀🤩😎

Yawn. Just more of the same gushing profits.

Nice to see the 2022 price increases are holding up, helping maintain juicy margins. We will see the full benefit of the Palmerston facility in 2024, and with a slight increase in North American unit sales forecast, I think another very profitable year is in store.

I had to trim my position recently in order to manage my portfolio prudently, but with the recent share price dip to $10.40 the P/E sits at just 6.3. It would be the height of irresponsibility, yet I am sorely tempted to add to my position before Q1 results are released.

Baby Bunny

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