Quarter 4, 2013 Financial Results
Posted: Mar 18,2014
Guelph, Ontario, March 13, 2014 – Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the fourth quarter of 2013.
Bill Hammond, Chairman & Chief Executive Officer of Hammond Power Solutions Inc. commented, “Hammond Power Solutions has come through one of the most challenging years since the recession started in 2008. A number of unexpected circumstances as well as higher levels of economic volatility buffeted our sales and profit performance during 2013. We are confident that our financial strength, core competencies and long term strategies will accelerate our growth as the global recovery begins.”