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HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for the second quarter ended June 28, 2019:

T.HMM.A
 Six months ending:Three months ending:
 6/28/20196/29/20186/28/20196/29/2018
Net product sales$76,318,000$73,900,000$38,262,00037,750,000
Income from operating activities(*)4,521,0003,909,000$2,010,0001,925,000
Net income for the period2,943,0002,001,000$1,217,000904,000
Total comprehensive income for the period2,060,0002,851,000$719,0001,195,000
     
Earnings per share    
Basic$0.26$0.18$0.11$0.08
Diluted$0.26$0.18$0.11$0.08
     
(*) 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, July 29, 2019 (GLOBE NEWSWIRE) --

To all employees and shareholders:

Sales remained strong despite the uncertainties of trade wars, Brexit and political uncertainties.

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 CEOor Alexander Stirling CFO
Email: RobHammond@hammfg.com Email: AStirling@hammfg.com

Tel. (519) 822-2960
Fax. (519) 822-7289

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