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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 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

Savaria announces Q1 revenue C$31.1 million
Thursday, 11 May 2017 04:00pm EDT 

May 11 (Reuters) - Savaria Corp :Savaria announces another record quarter - revenue is up 19% and EBITDA is up 31%.Q1 revenue C$31.1 million versus I/B/E/S view C$32.9 million.Qtrly earnings per share - diluted $ 0.09.Sees FY 2017 revenue C$143 million.Sees adjusted EBITDA in a range of $25.5-$26.5 million for twelve-month period ending December 31, 2017.FY2017 earnings per share view c$0.49, revenue view c$145.5 million -- Thomson Reuters I/B/E/S.Q1 earnings per share view c$0.10 -- Thomson Reuters I/B/E/S.  Full Article

Savaria announces qtrly earnings per share $0.09
Thursday, 11 May 2017 04:00pm EDT 

May 11 (Reuters) - Savaria Corp :Savaria announces another record quarter - Revenue is up 19% and EBITDA is up 31%.Qtrly earnings per share $0.09.Qtrly revenue $31.1 million versus $26.2 million.Savaria Corp says keeps forecast of revenue of about $143 million and of adjusted EBITDA in range of $25.5-$26.5 million for fy 2017.  Full Article

Savaria announces increase to bought deal financing
Tuesday, 2 May 2017 09:44am EDT 

May 2 (Reuters) - Savaria Corp :Savaria announces increase to bought deal financing.Savaria corp says to increase size of its previously announced $27.8 million "bought deal" offering on a private placement basis.Savaria -pursuant to upsized deal terms, underwriters to purchase, on a "bought deal" basis, 2.8 million subscription receipts at $13.90/subscription receipt.  Full Article

Savaria Corporation to acquire Span-America Medical Systems Inc.
Monday, 1 May 2017 03:32pm EDT 

May 1 (Reuters) - Savaria Corp :Savaria Corporation to acquire Span-America Medical Systems, Inc..Terms and conditions of transaction were unanimously approved by boards of directors of each of Savaria and Span-America.Transaction is immediately accretive by more than 30 pct to Savaria's ttm free cash flow per share.Savaria has entered into an agreement with National Bank Financial and GMP Securities L.P. To sell 2 million subscription receipts.If conditions to deal not satisfied by Sept 1, gross proceeds of offering will be returned to holders of subscription receipts with interest.Savaria is also reaffirming its full year 2017 outlook provided on March 6, 2017.  Full Article

BRIEF-Savaria Corp Announces $49.8 Mln "Bought Deal" Financing Of Common Shares

* SAVARIA CORPORATION ANNOUNCES $49.8 MILLION “BOUGHT DEAL” FINANCING OF COMMON SHARES