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Savaria Corp SISXF


Primary Symbol: T.SIS

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.


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Post by retiredcfon Nov 10, 2024 1:01pm
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Post# 36305602

Another View

Another ViewEPS of 24c matched estimates; revenue of $213.6M missed estimates of $222.6M. EBITDA of $41.7M matched estimates. Revenue rose 1.7%, EPS rose from 19c last year. North America was strong; Europe was weak.  Revenue guidance was raised, to $1B, from estimates of $957M. EBITDA margin is forecast at 20%. Debt ratios fell. Very strong EPS growth (88c to $1.21) is the consensus for next year. We are comfortable with the results. Savaria has however been very strong leading into these, so we are not sure there will be a dramatic reaction. We would still consider it buyable. (5iResearch)


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