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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 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

Savaria Posts Q3 EPS of ‍$0.11​
Thursday, 9 Nov 2017 

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 buys Premier Lifts for $3.5 mln
Wednesday, 1 Feb 2017 

Savaria Corp : Savaria announces acquisition of Premier Lifts . Purchase price of approximately US $3.5 million .Entered into an agreement to acquire all of assets of Premier Lifts, Inc.  Full Article

Savaria Corp posts Q2 earnings per share $0.08
Thursday, 11 Aug 2016 

Savaria Corp : Savaria Corp qtrly revenue of $30.1 million, up $5.7 million or 23.2 pct . Qtrly earnings per share $0.08 . Q2 earnings per share view C$0.09, revenue view C$29.1 million -- Thomson Reuters I/B/E/S . Savaria Corporation adjusts its forecast for twelve-month period ending December 31, 2016, by increasing revenue to approximately $118 million . Raises guidance for 2016 . Fy2016 revenue view C$118.7 million -- Thomson Reuters I/B/E/S .Adjusts forecast for twelve-month period ending December 31, 2016 for EBITDA to a range of $17.5-$18.5 million, excluding any new acquisitions.  Full Article

Savaria Corp announces increase to bought deal financing
Friday, 27 May 2016 

Savaria Corp: Savaria announces increase to bought deal financing .Underwriters have agreed to purchase 2,260,870 common shares from treasury of company at a price of $7.80 per share.  Full Article

Savaria Corp Maintains FY 2016 outlook
Friday, 6 May 2016 

Savaria Corp:Maintains forecast revenue for FY 2016, of about $107 million and EBITDA in the range of $16.5-$17.5 million, excluding the potential results related to the operations of the automotive division of Shoppers Home Health Care.  Full Article

Savaria Corp declares its quarterly dividend
Friday, 5 Feb 2016 

Savaria Corp:Declares dividend of 5 cents ($0.05) per common share, in accordance with its quarterly dividend policy.Payable on March 1, 2016 to shareholders of record of the Corporation at the close of business on February 16, 2016.  Full Article

BRIEF-Savaria Enters Australian Market With Purchase Of Master Lifts

* SAVARIA ENTERS THE AUSTRALIAN MARKET WITH THE PURCHASE OF MASTER LIFTS