Q3 2019 Financial Results

Posted: Oct 24,2019

General News  Investor Relations  

Quarter 3, 2019 – Continuing Strong Earnings Growth

  • 12% sales growth
  • 13% increase in bookings
  • 70% upsurge in year-to-date earnings from continuing operations
  • Quarter EPS from continuing operations of $0.31

Guelph, Ontario, October 24, 2019 – 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 Third Quarter of 2019.

“HPS has never been in a stronger position and we intend to do our best to remain the leading transformer supplier of choice. We are well positioned in the market-place. I am confident in our ability to sustain our financial results and delivering value to our stakeholders.” Bill Hammond commented.

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