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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 To Acquire Sling Manufacturer Silvalea
Wednesday, 19 Jun 2019 

Savaria Corp ::SAVARIA TO ACQUIRE SLING MANUFACTURER SILVALEA.SAVARIA CORP - DEAL FOR FOR A TOTAL PURCHASE PRICE OF GBP 4.6 MILLION.SAVARIA CORP - TO ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES OF SILVALEA AND D-ANSERMED.  Full Article

Savaria Announces Results For The First Quarter Of 2019
Thursday, 11 Apr 2019 

April 11 (Reuters) - Savaria Corp ::SAVARIA ANNOUNCES THAT CEO MARCEL BOURASSA HAS COMMITTED TO PURCHASE AN ADDITIONAL $4M IN ITS BOUGHT DEAL PRIVATE PLACEMENT AND PROVIDES PRELIMINARY RESULTS FOR THE FIRST QUARTER OF 2019.SEES Q1 REVENUE ABOUT C$84 MILLION.SEES FY 2019 REVENUE C$385 MILLION TO C$400 MILLION.EXPECTS Q1 REVENUE TO BE APPROXIMATELY $84 MILLION.REAFFIRMING ITS FULL FISCAL YEAR 2019 FORECAST.TO SELL 5 MILLION COMMON SHARES AT A PRICE OF $14.15 PER SHARE.Q1 REVENUE VIEW C$91.1 MILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW C$394.5 MILLION -- REFINITIV IBES DATA.CEO MARCEL BOURASSA HAS FURTHER COMMITTED TO SUBSCRIBE FOR UP TO AN ADDITIONAL 283,000 SHARES.  Full Article

Savaria Reports Qtrly EPS of $0.11
Thursday, 28 Mar 2019 

March 27 (Reuters) - Savaria Corp ::SAVARIA PRESENTS THE BEST YEAR IN ITS HISTORY REVENUE UP 56% AND ADJUSTED EBITDA UP 31%.SAVARIA CORP QTRLY REVENUE $93.1 MILLION VERSUS $55.2 MILLION.SAVARIA CORP QTRLY EARNINGS PER SHARE $0.11.SAVARIA CORP QTRLY ADJUSTED EBITDA PER SHARE $0.29.  Full Article

Savaria Reports Q4 Results
Thursday, 28 Mar 2019 

March 27 (Reuters) - Savaria Corp ::SAVARIA PRESENTS THE BEST YEAR IN ITS HISTORY REVENUE UP 56% AND ADJUSTED EBITDA UP 31%.SAVARIA CORP QTRLY EARNINGS PER SHARE $0.11.SAVARIA CORP QTRLY ADJUSTED EBITDA PER SHARE $0.29.SAVARIA CORP QTRLY REVENUE $93.1 MILLION VERSUS $55.3 MILLION.  Full Article

Savaria Announces The Acquisition Of Florida Lifts
Friday, 1 Mar 2019 

March 1 (Reuters) - Savaria Corp ::SAVARIA ANNOUNCES THE ACQUISITION OF FLORIDA LIFTS LLC.SAVARIA CORP - PROPOSED DEAL FOR APPROXIMATELY US $5.6 MILLION.SAVARIA CORP - PRINCIPAL OWNERS OF FLORIDA LIFTS, KEVIN MANNES AND DOUG SABRA, WILL CONTINUE IN THEIR CURRENT LEADERSHIP ROLES.SAVARIA CORP - PRINCIPAL OWNERS OF FLORIDA LIFTS WILL MANAGE THE COMPANY GOING FORWARD AS A DIVISION OF SAVARIA.  Full Article

Savaria Reports Q2 EPS $0.14
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - Savaria Corp ::SAVARIA’S REVENUE UP 61PCT AND ADJUSTED EBITDA UP 50 PCT FOR SECOND QUARTER OF 2018.Q2 REVENUE C$64.2 MILLION VERSUS I/B/E/S VIEW C$66 MILLION.QTRLY EARNINGS PER SHARE $0.14.SEES 2018 REVENUE OF APPROXIMATELY $268 MILLION.SEES ADJUSTED EBITDA IN A RANGE OF $42.5-$44.5 MILLION FOR FISCAL 2018.2018 FORECASTS DO NOT INCLUDE ACQUISITION OF H.E.S. IN APRIL 2018.  Full Article

Savaria To Acquire Garaventa Lift For About CHF 74 Million
Wednesday, 11 Jul 2018 

July 10 (Reuters) - Savaria Corp ::SAVARIA TO ACQUIRE GARAVENTA LIFT AND CREATE A GLOBAL LEADER IN ACCESSIBILITY.SAVARIA CORP - DEAL FOR A TOTAL PURCHASE PRICE OF APPROXIMATELY CHF 74 MILLION.SAVARIA CORP - TRANSACTION WILL BE FUNDED THROUGH A COMBINATION OF CASH ON HAND AND CORPORATION'S LINE OF CREDIT.SAVARIA - ENTERED INTO AGREEMENT WITH GARAVENTA ACCESSIBILITY AG PURSUANT TO WHICH CO WOULD ACQUIRE ALL OF ISSUED & OUTSTANDING SHARES OF GARAVENTA LIFT.  Full Article

Savaria Announces Acquisition Of H.E.S. Elevator Services
Friday, 13 Apr 2018 

April 12 (Reuters) - Savaria Corp ::SAVARIA ANNOUNCES ACQUISITION OF H.E.S. ELEVATOR SERVICES INC..DEAL FOR APPROXIMATELY $1.1 MILLION.  Full Article

Savaria Enters Australian Market With Purchase Of Master Lifts
Thursday, 14 Dec 2017 

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
Wednesday, 15 Nov 2017 

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