HPS Announces Q4 2009 Financial Results – Strong Finish for the Year
Posted: Mar 9,2010
Guelph, Ontario, – Hammond Power Solutions Inc., (HPS) (TSX: HPS.A) today announced results for the Fourth Quarter 2009.
“The Company increased sales and profits in the fourth quarter from the previous two quarters despite the negative effects of the weak global economy. We are now seeing moderate increases in booking rates. HPS continues to expand its market share of the electrical distributor channel in both the United States and Canada.” said Bill Hammond, Chairman & Chief Executive Officer of Hammond Power Solutions Inc.