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Last C$5.30 CAD
Change Today +0.06 / 1.15%
Volume 42.9K
SIS On Other Exchanges
As of 3:38 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

savaria corp (SIS) Snapshot

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52 Week High
06/23/15 - C$6.30
52 Week Low
10/2/14 - C$3.06
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savaria corp (SIS) Details

Savaria Corporation operates in the accessibility industry in Canada, the United States, and internationally. The company operates in two segments, Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stair lifts for straight and curved stairs; vertical and inclined platform lifts; and elevators for home and commercial use. This segment also sells new and recycled accessibility equipment through its franchise network. The Adapted Vehicles segment designs, manufactures, tests, and distributes lowered-floor minivans to accommodate wheelchairs. This segment offers models with rear entry, side entry, or dual entry for people with mobility challenges. Savaria Corporation also provides automatic slim doors for home elevators; limited use/limited accessibility elevators; door and gate openers; swing doors; and powered scooters. The company sells its products through dealers and retailers. Savaria Corporation was founded in 1979 and is headquartered in Laval, Canada.

430 Employees
Last Reported Date: 08/6/15
Founded in 1979

savaria corp (SIS) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$275.0K
Chief Financial Officer and Director
Total Annual Compensation: --
President of Savaria Huizhou (China)
Total Annual Compensation: C$170.0K
Vice President of Research & Development
Total Annual Compensation: C$195.0K
Vice President of Manufacturing for Savaria V...
Total Annual Compensation: C$132.7K
Compensation as of Fiscal Year 2014.

savaria corp (SIS) Key Developments

Savaria Corporation Declares Dividend, Payable on August 31, 2015

Savaria Corporation announced that the board of directors has declared a dividend of 4 cents ($0.04) per common share, payable on August 31, 2015 to shareholders of record of the Corporation at the close of business on August 17, 2015. This is an eligible dividend within the meaning of the Income Tax Act.

Savaria Corporation Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Twelve-Month Period Ending December 31, 2015

Savaria Corporation announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $24.4 million, up $2.4 million or 11.1% against $21.98 million a year ago. Operating income of $3.1 million, up $508,000 or 19.7%. EBITDA of $3.5 million, up $825,000 or 30.6% against $2.7 million a year ago. Net income was $2.150 million against $1.546 million a year ago. Earnings per share - diluted was $0.07 against $0.05 a year ago. EBITDA per share - diluted was $0.11 against $0.10 a year ago. For the six months, revenue of $44.7 million, up $5 million or 12.6% against $39.67 million a year ago. Operating income of $4.9 million, up $824,000 or 20.3%. EBITDA of $6.4 million, up $1.5 million or 29.7% against $4.92 million a year ago. Net cash flows generated from operating activities of $4.1 million against $3.3 million in 2014. Net income was $3.72 million against $2.75 million a year ago. Earnings per share - diluted was $0.12 against $0.10 a year ago. EBITDA per share - diluted was $0.20 against $0.19 a year ago. For the twelve-month period ending December 31, 2015, the company forecasts revenue to reach about $92 million, and EBITDA to be in the $13.5-$14.5 million bracket.

Savaria Corporation Mulls Acquisitions

Savaria Corporation (TSX:SIS) is seeking acquisitions. Marcel Bourassa, President and Chief Executive Officer of Savaria Corporation, said, “We have nearly $29 million in cash, giving us the flexibility to execute our growth strategy and to seize acquisition opportunities.”


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Price/Sales 1.7x
Price/Book 3.2x
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