Hammond Power Solutions ( TSE:HPS.A ) First Quarter 2024 Results Key Financial Results Revenue: CA$190.7m (up 11% from...
(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, April 29, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2024. HIGHLIGHTS Record sales of $190 million in the quarter, a 11.4% increase versus 2023.Adjusted EBITDA of $30,972 in the quarter, or 16% of sales. Adjusted
Key Insights Significant control over Hammond Power Solutions by individual investors implies that the general public...