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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products are essential and ubiquitous in electrical distribution networks through a range of end-user applications. Its products include power transformers, furnace transformers, converter transformers, unitized substations, control & automation products, low voltage distribution products, medium voltage distribution products and others. It supports solid industries, such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. It has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.


TSX:HPS.A - Post by User

Comment by blindpigon May 01, 2023 6:56pm
103 Views
Post# 35423913

RE:numbers out Tuesday after market closes.

RE:numbers out Tuesday after market closes.There use to be some seasonality in their results, but if their production capacity is basically sold out you can throw seasonality out the window.  People will order anytime just to secure their place in production.  The quarter end backlogs have been steadily increasing from the previous quarter  From their reports.....  Q1-22 +32%, Q2- +27%, Q3-22 +15%, Q4-22 +13%.  Unless orders dropped of significantly (unlikely) in Q1, shipments should remain elevated.    
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