HPS Announces Q1 2010 Financial Results
Posted: Apr 27,2010
Guelph, Ontario – Hammond Power Solutions Inc., (“HPS”) (TSX: HPS.A) today announced results for the First Quarter 2010.
“HPS has delivered solid results given the uncertain global economy and strengthened Canadian dollar. Our focus on geographical market and channel diversification has delivered increases in our booking rates. We continue to expand our North American Electrical Distributor presence in Canada and the United States and saw some improvement in our OEM segment.” said Bill Hammond, Chairman & Chief Executive Officer of Hammond Power Solutions Inc.