HMM.A Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited Announces Financial Results for the Year and Fourth Quarter Ended December 31, 2013

GUELPH, ONTARIO--(Marketwired - Mar 7, 2014) - Hammond Manufacturing Company Limited (TSX:HMM.A) -

		Year ending:				Three months ending:
		12/31/13		12/31/12		12/31/13		12/31/12
Net Product Sales		$	92,314,000	$	92,425,000	$	22,969,000	$	21,556,000
Income from operating activities(*)			3,757,000		2,792,000	$	857,000	$	407,000
Net Income for Period			2,258,000		1,662,000	$	755,000	$	264,000
Earnings per share
	Basic	$	0.20	$	0.15	$	0.07	$	0.02
	Diluted	$	0.20	$	0.15	$	0.07	$	0.02

(*) 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:

Net product sales for 2013 were flat over 2012 despite a positive impact from foreign exchange. Net income of $2,258,000 for 2013 benefited from the positive impact of foreign exchange and improved shop efficiencies.

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.

Hammond Manufacturing Company LimitedRobert F. HammondChairman and CEO(519) 822-2960(519) 822-7289ir@hammfg.com