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Bullboard - Stock Discussion Forum 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... see more

TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > listen to the conference call
View:
Post by microcaphobby on Aug 02, 2023 11:05am

listen to the conference call

Found on thier website. 

Their quote actiivty is the strongest it has ever been .
Opportunity in US is huge. 
They expect  to  have 180 mill per q in sales by 4th q. 
Major expansion coming in 2024.
Comment by Catscratch on Aug 02, 2023 12:31pm
Agree. It's a positive quarter.  Hammond is on track to achieve $100M in annual EBITDA in the next 6 to 12 months with further expansion and growth opportunities available thereafter.  Costs may run a little higher through this growth period as they invest in the business.... higher costs should normalize over the long term resulting in improved margins. Smart/long term money will ...more  
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