TSX:HPS.AElectrical
Hammond Power Solutions (TSX:HPS.A) Is Up 7.9% After Record Backlog And Data Centre-Fueled Demand - Has The Bull Case Changed?
Hammond Power Solutions Inc. has reported its 2025 results, with sales rising to CA$898.26 million and net income edging up to CA$72.24 million, while earnings per share held essentially steady year over year.
Beyond the headline numbers, record annual sales and a very large year-over-year increase in backlog highlight how demand from U.S. data centre, infrastructure, and electrification projects is reshaping the company’s order book.
We’ll now examine how this record backlog and data...