Hammond Power Solutions tops the 2024 TSX30
Hammond Power Solutions Inc. (TSX: HPS.A) has been named the top-performing company in the 2024 TSX30, a recognition that places the company at the forefront of Canada’s public markets and the broader energy landscape. It signals steady execution, innovation that shows up in results, and a clear focus on where the grid is headed—not just where it is today. For a company built around electrification, the nod from the Toronto Stock Exchange underscores momentum that’s been earned over time.
Why the TSX30 ranking matters
The TSX30 is a market-based benchmark. It highlights companies on the Toronto Stock Exchange that have delivered strong share price appreciation over a defined period. Finishing at the top points to durable growth, disciplined decision-making, and the ability to navigate shifting market conditions. It’s not a one-day headline—it reflects sustained performance and resilience.
Eyes on electrification
Adrian Thomas, CEO of Hammond Power Solutions, shared that this recognition reflects the dedication of employees and the trust of customers. As energy systems around the world move steadily toward electricity, HPS is investing to be ready for what’s next. The aim is straightforward: help decarbonize energy systems while providing reliable, real-world solutions customers can put to work. That balance—cleaner systems and dependable performance—sits at the center of the company’s mission.
Products that keep power moving
Hammond Power Solutions is a leader in dry-type transformers and power quality products—the equipment that keeps electrical distribution networks running safely and efficiently. These products support a wide range of industries and applications. HPS offers both standard designs and custom-engineered solutions so projects can match specific site needs, operating conditions, and performance targets. The result is practical gear that fits the job, whether the requirement is common or highly specialized.
Global manufacturing, close to customers
The company’s manufacturing footprint spans Canada, the United States, Mexico, and India. That presence enables HPS to serve a global customer base and deliver high-quality power solutions at scale. A broader footprint also supports consistency—projects of different sizes and complexities can be supplied to the same standards, wherever they’re headed.
Investing in what’s next
Growth at Hammond Power Solutions is tied to continuous improvement. The company invests in strengthening existing product lines and explores new technologies that align with global expectations for sustainability and efficiency. The focus is practical and forward-looking: innovations that help customers meet today’s requirements while preparing for tomorrow’s grid.
Powered by people and customers
This recognition is a testament to the work of HPS’s employees and the support of its customers. Progress happens when the two move together—builders and users, aligned on a more electrified, more sustainable future. That shared effort is the throughline.
Contact information
If you’d like more information about Hammond Power Solutions, please reach out to:
David Feick
Investor Relations
Phone: 519) 822-2441 x453
Email: ir@hammondpowersolutions.com
Frequently Asked Questions
What is the TSX30 ranking?
TSX30 is a list of the top-performing companies on the Toronto Stock Exchange based on share price appreciation over a set period. It showcases sustained growth and market performance rather than short-term spikes.
What does Hammond Power Solutions manufacture?
HPS builds dry-type transformers and power quality products. These are core components in electrical distribution networks and are offered in both standard and custom configurations to suit different applications and environments.
Where does Hammond Power operate its manufacturing?
Hammond Power Solutions has manufacturing operations in Canada, the United States, Mexico, and India, enabling the company to serve customers across global markets.
Why is Hammond Power Solutions significant in the energy sector?
The company is focused on electrification and sustainability. It invests to meet future demand, aims to support the decarbonization of energy systems, and delivers reliable solutions that customers can depend on.
How can I contact Hammond Power Solutions?
For inquiries, contact David Feick in Investor Relations by phone at 519) 822-2441 x453 or by email at ir@hammondpowersolutions.com.
