/EINPresswire.com/ -- GUELPH, ONTARIO -- (Marketwired) -- 05/02/16 -- Hammond Manufacturing Company Limited (TSX: HMM.A) -

                                                    Three months ending:
                                                    4/01/2016        4/03/15
Net Product Sales                                 $31,774,000    $30,516,000
Income from operating activities((i))               2,022,000      1,907,000
Net Income for Period                               1,725,000        828,000
Total comprehensive income for the period             623,000      1,797,000

Earnings per share
  Basic                                                 $0.15          $0.07
  Diluted                                               $0.15          $0.07

((i)) 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

To all employees and shareholders:

The strong US dollar continues to provide us the opportunity to grow our business.

We caution that the impact of both unfavourable movements of exchange rates and the start-up expenses for our new rack factory could have negative impacts on the profitability for the second quarter of 2016.

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.

Contacts:
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com