Quarter 3, 2016 Financial Results

Oct. 27 2016
General News,Investor Relations

Guelph, Ontario, October 27, 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 third quarter of 2016.

Bill Hammond, Chairman and Chief Executive Officer of Hammond Power Solutions Inc. commented, “Despite these fluctuating times HPS sales have grown 3.5% this year while many companies in the electrical industry are experiencing significant declines. ¬†We have also been very successful at protecting our margin rates.”

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