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Savaria Corp (SIS.TO)

SIS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Savaria Sees FY 2019 Revenue C$385 Million To C$400 Million
Tuesday, 19 Feb 2019 05:54pm EST 

Feb 19 (Reuters) - Savaria Corp ::SAVARIA ANNOUNCES PRELIMINARY UNAUDITED FOURTH QUARTER AND FULL YEAR 2018 RESULTS.SEES FY 2019 REVENUE C$385 MILLION TO C$400 MILLION.SEES Q4 REVENUE ABOUT C$93 MILLION.SEES FY 2018 REVENUE ABOUT C$286 MILLION.INITIATIVES UNDERTAKEN IN Q4-2018 WILL ENABLE US TO REALIZE SIGNIFICANT COST SAVINGS IN 2019.SEES Q4 ADJUSTED EBITDA TO BE APPROXIMATELY $13 MILLION.SEES 2019 ADJUSTED EBITDA IN A RANGE OF $55 TO $60 MILLION.SEES FULL YEAR 2018 ADJUSTED EBITDA OF SLIGHTLY OVER $40 MILLION.  Full Article

Savaria Q3 Revenue C$72.1 Million Versus I/B/E/S View C$73.7 Million
Wednesday, 14 Nov 2018 05:05pm EST 

Savaria Corp ::SAVARIA ANNOUNCES RECORD REVENUE OF $72 MILLION FOR THIRD QUARTER OF 2018.Q3 REVENUE C$72.1 MILLION VERSUS I/B/E/S VIEW C$73.7 MILLION.  Full Article

Savaria Increases Dividend By 17 pct, Provides Update To 2018 Guidance
Thursday, 20 Sep 2018 08:00am EDT 

Sept 20 (Reuters) - Savaria Corp ::SAVARIA INCREASES ITS DIVIDEND BY 17%, AND PROVIDES AN UPDATE TO ITS 2018 GUIDANCE AND NEW FORECASTS FOR 2019.SEES FY 2019 REVENUE C$400 MILLION.APPROVED A 17% INCREASE TO MONTHLY DIVIDEND, RAISING IT TO 3.5 CENTS PER MONTH FROM 3.0 CENTS.SAVARIA - FOR 2019, CO PRELIMINARILY FORECASTS ADJUSTED EBITDA IN A RANGE OF CAD$60 MILLION TO CAD$62 MILLION.  Full Article

Savaria Reports Qtrly Earnings Per Share $0.09
Thursday, 10 May 2018 04:00pm EDT 

May 10 (Reuters) - Savaria Corp ::SAVARIA’S REVENUE UP 79% AND ADJUSTED EBITDA UP 52% FOR FIRST QUARTER OF 2018.Q1 REVENUE C$56.6 MILLION VERSUS I/B/E/S VIEW C$58.2 MILLION.QTRLY EARNINGS PER SHARE $0.09.FORECASTS AN INCREASE OF 48% OF REVENUE TO SOME $268 MILLION IN FY.SEES FY ADJUSTED EBITDA IN RANGE OF $42.5-$44.5 MILLION FOR FISCAL 2018.  Full Article

Savaria Qtrly Earnings Per Share Was $0.20
Thursday, 8 Mar 2018 04:00pm EST 

March 8 (Reuters) - Savaria Corp ::FOR QUARTER ENDED DEC 31, 2017, REVENUE WAS $54.2 MILLION VERSUS ABOUT $31 MILLION FOR QUARTER ENDED DEC 31, 2016.FOR QUARTER ENDED DEC 31, 2017, EARNINGS PER SHARE WAS $0.20.FORECASTS AN INCREASE OF 48% OF REVENUE TO SOME $268 MILLION AND AN ADJUSTED EBITDA TO A RANGE OF $42.5 MILLION-$44.5 MILLION FOR FISCAL 2018.FY2018 REVENUE VIEW C$261.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Savaria Enters Australian Market With Purchase Of Master Lifts
Thursday, 14 Dec 2017 07:30am EST 

Dec 14 (Reuters) - Savaria Corp ::SAVARIA ENTERS THE AUSTRALIAN MARKET WITH THE PURCHASE OF MASTER LIFTS.SAVARIA CORP - ‍ ACQUIRED THROUGH UNIT ALL OF ASSETS OF MASTER LIFTS AUSTRALIA PTY LTD FOR A PURCHASE PRICE OF AUD $3 MILLION​.SAVARIA CORP - ‍IN ADDITION TO PURCHASE PRICE, MASTER LIFTS HAS POTENTIAL TO EARN FURTHER AUD$1 MILLION OVER 2-YEAR PERIOD ON ACHIEVEMENT OF SOME METRICS​.SAVARIA - ‍ACQUIRED BUSINESS EXPECTED TO GENERATE REVENUE OF ABOUT AUD $8 MILLION IN 2018 AND AUD $10 MILLION IN 2019​.SAVARIA CORP - ‍ ACQUIRED BUSINESS IS EXPECTED TO HAVE EBITDA MARGIN BETWEEN 15% IN 2018 AND 17%​ IN 2019.  Full Article

Savaria Corp says 2018 ‍revenue projected to grow about 40% over 2017
Tuesday, 14 Nov 2017 04:00pm EST 

Nov 14 (Reuters) - Savaria Corp :Savaria presents its guidance for 2018 - revenue and EBITDA on track for strong growth.Savaria Corp says ‍revenue for 2018 is projected to grow approximately 40% over 2017, to reach $260 million​.Savaria Corp says 2018 ‍EBITDA projected to hit between $42 million and $44 million​.  Full Article

Savaria Posts Q3 EPS of ‍$0.11​
Wednesday, 8 Nov 2017 04:00pm EST 

Nov 8 (Reuters) - Savaria Corp :Savaria announces third quarter results.Q3 revenue C$56.1 million versus I/B/E/S view C$58.4 million.Qtrly diluted earnings per share ‍$0.11​.  Full Article

Savaria Corp agrees to acquire the assets of Visilift, LLC
Thursday, 24 Aug 2017 04:56pm EDT 

Aug 24 (Reuters) - Savaria Corp :Deal for ‍US$5.0 million​.Savaria Corp - expects acquired business to generate US$3.0 million in sales in 2018 and US$10 million in sales in 2019​.Savaria - entered into agreement with Visilift, LLC as per which co, through a wholly-owned subsidiary, will acquire all of assets of Visilift​.Savaria Corp - Visilift will have option to earn an additional payment of US$3.0 million upon achieving certain performance metrics over a 3-year period.  Full Article

Savaria qtrly earnings per share $0.07‍​
Thursday, 10 Aug 2017 04:07pm EDT 

Aug 10 (Reuters) - Savaria Corp :Savaria announces another record quarter - revenue is up 30% and adjusted EBITDA is up 29%.Quarterly revenue rose 30.1 percent to c$39.1 million.Savaria Corp qtrly earnings per share $0.07‍​.Savaria Corp - ‍adjusts 2017 forecast of revenue to approximately $187 million​.Savaria Corp - ‍adjusts adjusted ebitda guidance to a range of $29.5-$30.5 million for twelve-month period ending december 31, 2017​.FY 2017 revenue view C$187.8 million -- Thomson Reuters I/B/E/S.  Full Article