Quarter 1, 2016 Financial Results
Posted: May 3,2016
General News Investor Relations
Guelph, Ontario, May 3, 2016 – 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 first quarter of 2016.
Bill Hammond, Chairman and Chief Executive Officer of Hammond Power Solutions Inc. commented, “I am pleased to report that our Quarter 1, 2016 performance exceeded our expectations in these challenging economic times. The Company attained increases in both sales and margins compared to the same quarter a year ago.”