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Savaria Corp (SIS.TO)

SIS.TO on Toronto Stock Exchange

16.85CAD
13 Jul 2018
Change (% chg)

$0.06 (+0.36%)
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$16.79
Open
$16.84
Day's High
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$16.75
Volume
116,832
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115,531
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$19.24
52-wk Low
$12.04

Latest Key Developments (Source: Significant Developments)

Savaria To Acquire Garaventa Lift For About CHF 74 Million
Tuesday, 10 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
Thursday, 12 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
Tuesday, 14 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​
Wednesday, 8 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
Wednesday, 10 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

BRIEF-Savaria Corp Completes $57.27 Mln “Bought Deal” Financing Of Common Shares

* SAVARIA CORPORATION COMPLETES $57.27 MILLION “BOUGHT DEAL” FINANCING OF COMMON SHARES Source text for Eikon: Further company coverage: