HPS Announces Q1 2011 Financial Results – Increased Sales in a Highly Volatile Environment
Posted: Apr 27,2011
Guelph, Ontario – Hammond Power Solutions Inc., (“HPS”) (TSX: HPS.A) today announced results for the First Quarter 2011.
“Overall our operational and strategic momentum exceeded expectations. Sales compared to a year ago were up 19%, driven by strong OEM sales as well as continued distributor growth in the United States.” said Bill Hammond, Chairman & Chief Executive Officer of Hammond Power Solutions Inc.