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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

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Post by retiredcfon Jun 04, 2024 6:34am
170 Views
Post# 36070581

Monthly Gems

Monthly Gems
TOP PICK
Savaria Corp(SIS-T) 
03/06/2024
 
Quietly rising 17% since the year started, this Quebec manufacturer of in-home lifts serves an aging demographic. One thing to note is its EPS growth: up 8.1% annually since 2021. In the last year, revenue grew 2.2% to $835 million. Insider have been buying shares (always a good sign) and now hold 20% of the company. The icing on the cake is SIS' dividend, which has more than doubled in the past decade and now pays just under 3%. This trend should continue, based on management projections of revenue growth to top $1 billion next year. Last year, the company enjoyed a record backlog as well.
Other Services
 
$17.690
 
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