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Savaria Corp (SIS.TO)

SIS.TO on Toronto Stock Exchange

16.96CAD
16 Feb 2018
Change (% chg)

$0.22 (+1.31%)
Prev Close
$16.74
Open
$16.88
Day's High
$17.15
Day's Low
$16.80
Volume
110,390
Avg. Vol
100,105
52-wk High
$19.24
52-wk Low
$10.18

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

BRIEF-Savaria Enters Australian Market With Purchase Of Master Lifts

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