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Press Release - February 28, 2002
 
Hammond Manufacturing Company Limited,
394 Edinburgh Road North,
GUELPH , Ontario N1H 1E5.
Tel # ( 519 ) 822 - 2960
Fax # ( 519 ) 822 - 8987
 
TSE: HMM.SV.A
Fourth Quarter 2001
dollars in thousands, except per share amounts
 
  Year ended December 31 Three months ended December 31
  2001 2000 2001 2000
         
REVENUE $59,931 $64,392 $14,009 $15,466
Earnings from operations $1,919   $493  
         
Interest ($1,183)   ($235)  
Share of net income (loss) in equity interests and other investments ($92)   ($40)  
Income tax (provision) recovery ($382)   ($211)  
Net Earnings for period $262   $7  
         
Earnings per Share -        
Net Basic & Fully Diluted $0.02   $0.00  
 

Full comparable results for the twelve month period in 2000 are not available due to the January 1, 2001 reorganization which distributed shares of Hammond Power Solutions and restated Moloney Electric Inc. results as an equity investment.

 
Information Contacts:

Robert F. Hammond, Chairman and CEO
Tel: (519) 822.2960
Fax: (519) 822.8987
Email: ir@hammfg.com
Guelph, Ontario, February 28, 2002
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