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Hammond Manufacturing Company Limited Announces Financial Results for the Year and Fourth Quarter Ended December 31, 2023



Hammond Manufacturing Company Limited

    March 5th, 2024 / TheNewswire / Hammond Manufacturing Company Limited (TSX:HMM.A) Announces Financial Results for the Year and Fourth Quarter Ended December 31, 2023:

 

GUELPH, ONTARIO – March 5, 2024

 

To all employees and shareholders:

 

Year over year our sales are up 5.5% which included a 2.6% lift from foreign exchange. Gross margins have benefited from price increases, a stabilized workforce and improved utilization of our assets.

 

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 CEO

Tel. (519) 822-2960

Fax. (519) 822-7289

Email:  ir@hammfg.com