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Savaria Corp T.SIS

Alternate Symbol(s):  SISXF

Savaria Corporation is a Canada-based company engaged in the accessibility industry. The Company provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its segments include Accessibility and Patient Care. It designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. It operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China.


TSX:SIS - Post by User

Bullboard Posts
Post by StompinTomon Sep 11, 2014 11:18am
100 Views
Post# 22926921

Acquisition + Dividend Boost

Acquisition + Dividend BoostA nice tuck-in acquisition to leverage some market research + additional retail locations at roughly 3x there estimated EbITDA improvement.  Now we see where some of the equity raise funds are going.  The dividend raise is also positive as it shows they must be continuing to grow well.  If this drifts back to the $3.20 level again, worth adding.  Highly vested owner-operators as well.  GLTA
Bullboard Posts