Q2, 2019 Financial Results

Posted:
Jul. 23 2019
Category:
General News,Investor Relations

Quarter 2, 2019 – Continuing Strong Earnings Growth

• 22% sales growth
• 15% increase in bookings
• 6% backlog rise
• Quarter EPS from continuing operations of $0.29

Guelph, Ontario, July 23, 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 Second Quarter of 2019.

“We are pleased to report a continuing and very positive trend of quarterly bookings, increasing
sales, and improved profitability.” Bill Hammond commented.

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