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Hammond Power Solutions Reports First Quarter 2025 Financial Results
GlobeNewswire·2025-05-01 21:15

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, May 01, 2025 (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 2025. HIGHLIGHTS Sales of 201millioninthequarter,a5.6201 million in the quarter, a 5.6% increase versus Quarter 1, 2024.Adjusted EBITDA of 30,916 in the quarter, or 15.4% of sales. Gross margin was ...