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  • Savaria - News
    as an increase in its quarterly dividend of 14 2014 09 11 Recently created Bourassa Savaria Foundation 2014 08 07 Savaria Announces Its Best Quarter in History 2014 08 07 Savaria 2014 Annual Shareholders Meeting 2014 05 15 Savaria Completes 18 687 500 Bought Deal Private Placement 2014 04 15 Savaria Announces Exercise of Underwriter s Option for Private Placement 2014 04 09 Savaria Announces 16 250 000 Bought Deal Private Placement 2014 03 26 Savaria Board of Directors approves an increase in Quarterly Dividend from 2 Cents to 3 5 Cents per Share 2014 03 12 Savaria s Best Year Ever 2014 03 12 Savaria Announces Quarter and Fiscal Year Ended December 31 2013 Results Release Date 2014 03 10 Savaria Corporation Launches a Normal Course Issuer Bid 2014 01 30 Savaria Introduces New Curved Stairlift 2013 12 02 Another record quarter for Savaria 2013 11 14 Savaria Reports Best Quarterly Results in its History 2013 08 07 Savaria Reports Best Q1 Results in its History 2013 05 15 Savaria Changes Its Dividend Policy and Moves from an Annual to a Quarterly Dividend 2013 05 15 Savaria 2013 Annual Shareholders Meeting 2013 05 14 Savaria Reports Record Revenue for Q4 2012 and Declares Dividend of 8 Cents per Share 2013 03 28 Savaria Corporation Launches a Normal Course Issuer Bid 2013 01 30 Savaria Announces Results for the Third Quarter of 2012 2012 11 14 Savaria To Make China s Hainan East Railway Stations Accessible 2012 09 20 Savaria revenue up by 9 compared to Second Quarter 2011 2012 08 09 Savaria Announces Results for the First Quarter of 2012 2012 05 15 Savaria continues to progress and declares a dividend of 9 4 cents per share 2012 03 29 Savaria Corporation launches a normal course issuer bid 2011

    Original URL path: https://www.savaria.com/Investors/news?lang=en (2016-02-16)
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  • Savaria - Savaria Announces the Acquisition of Silver Cross Ottawa
    is clear that the rapidly growing seniors market wants what we offer great mobility products backed by excellent customer service We will invest in more stores including larger stores that will showcase more products including home elevators and accessible vans Our goal is to truly cater to the mobility needs of the aging population said Marcel Bourassa President CEO Savaria Corporation Silver Cross Ottawa sells stairlifts wheelchair lifts home elevators wheelchairs walkers and rollators scooters bath safety products and aids to daily living Installation and after sales service is also offered along with recycled equipment when available and short term rentals The showroom is open 9am to 5pm Monday to Friday and free in home assessments can be made by appointment to accommodate client needs About Silver Cross Silver Cross operates 16 franchise locations located in Canada and the US with 2 corporate locations in Ontario Savaria purchased the assets of the franchisor in September 2014 Founded in 1993 Silver Cross has served thousands of clients and the healthcare community Stores offer professional sales installation and service of home medical equipment as well as rental programs and recycled equipment www silvercross com About Savaria Savaria is Canada s largest accessibility company with operations in Ontario and Quebec as well as a corporate assembly plant in Guangdong Province China The Corporation designs and builds home elevators wheelchair lifts stairlifts and accessible vans With its network of over 400 active dealers and affiliates across North America Savaria offers one of the widest portfolios of products to bring mobility to people for the home public spaces and transportation The Corporation is publicly traded on the Toronto Stock Exchange TSX SIS www savaria com 30 For further information Alison Harper Business Development VP Savaria 1 800 661 5112 ext 3394 aharper savaria com www

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Silvercross_Ottawa (2016-02-16)
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  • Savaria - Savaria Announces the Best Quarter in Its History!
    will start in August 2015 and will enable us to increase revenue in this segment The results of our last quarter attest once again to the growing demand for accessibility products indeed the mobility needs of the aging population are clearly growing in both the residential and commercial sectors With the completion in April of a second private placement of 13 5 million we have nearly 29 million in cash giving us the flexibility to execute our growth strategy and to seize acquisition opportunities concluded Mr Bourassa Outlook 2015 For the twelve month period ending December 31 2015 we forecast revenue to reach about 92 million and EBITDA to be in the 13 5 14 5 million bracket Dividend As per the Corporation s dividend policy 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 savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Corporation now operates a lead generation program to capture and distribute leads on potential customers to close to 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables the Corporation to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Corporation records more than 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 400 active retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China Compliance with International Financial Reporting Standards IFRS The information appearing in this press release has been prepared in accordance with IFRS However the Corporation uses EBITDA for analysis purposes to measure its financial performance This measure has no standardized definition in accordance with IFRS and is therefore regarded as a non IFRS measure This measure may therefore not be comparable to similar measures reported by other companies Reconciliation between net income for the period and EBITDA is provided in the Reconciliation of EBITDA with Net Income section below Cautionary Notice Regarding Forward Looking Statements Certain information in this press release may constitute forward looking statements

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Q2results_release (2016-02-16)
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  • Savaria - Savaria Announces 2015 Second Quarter Results Release Date
    second quarter results after market hours on August 6 2015 Savaria Corporation savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Corporation now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables Savaria to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Corporation records some 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 600 retailers in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China 30 For more information please contact Hélène Bernier CPA CA Vice President Finance helene bernier savaria com 1 800 931 5655 ext 248 www savaria com Marcel Bourassa President and Chief Executive Officer marcel bourassa savaria com 1 800 661 5112 related information News Archives recent news Savaria Declares its Quarterly Dividend 2016 02 05 Savaria discloses its preliminary Q4 2015 results 2016 01 19 Savaria Forecast 2016 Results To Be A Record Year 2015 12 01

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Q2results2015 (2016-02-16)
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  • Savaria - Savaria: 2015 Annual General and Special Shareholders Meeting
    usual resolutions a review of Savaria s fiscal 2014 and 2015 first quarter highlights will be presented The Notice of Annual Meeting the Management Information Circular and the 2014 Financial Statements and related Management Discussion and Analysis are available on the following websites www savaria com and www sedar com Savaria Corporation savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Corporation now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables the Corporation to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Corporation records more than 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 700 retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China 30 For more information please contact Hélène Bernier CPA CA Vice President Finance helene bernier savaria com 1 800 931 5655 ext 248 www savaria com Marcel Bourassa President and Chief Executive Officer

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Agm2015 (2016-02-16)
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  • Savaria - Savaria Completes $14,375,000 Bought Deal Private Placement
    newswire services or dissemination in the United States The securities being offered have not been nor will they be registered under the United States Securities Act of 1933 as amended and may not be offered or sold within the United States or to or for the account or benefit of U S persons absent U S registration or an applicable exemption from the U S registration requirements This release does not constitute an offer for sale of securities in the United States About Savaria Savaria Corporation savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Company now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables the Company to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Company records more then 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 700 retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China Forward Looking Statements Certain information in this press release may constitute forward looking statements regarding Savaria including without limitation understanding of the elements that might affect the Company s future and its financial or operating performance the costs and schedule of future acquisitions supplementary capital expenditure requirements and legislative matters Most frequently but not invariably forward looking statements are identified by the use of such terms as plan expect should could budget expected estimated forecast intend anticipate believe variants thereof including negative variants or statements that certain events results or shares could should or will occur or be achieved Such statements involve known and unknown risks uncertainties and other factors liable to cause Savaria s actual results performance or achievements to differ materially from those set forth in or underlying the forward looking statements Such factors notably include general economic competitive political and social uncertainties Although Savaria has attempted to identify the key elements liable to cause actual measures events or results to differ from those described in the forward looking statements other factors could have an impact on the reality and produce unexpected results The forward looking statements contained herein are valid at the date of this press

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=bought_deal_complete (2016-02-16)
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  • Savaria - Savaria Announces the Best First Quarter in Its History
    based on the Ram ProMaster able to carry up to seven passengers including three in wheelchair we are poised to increase our revenue and market share concluded Mr Bourassa Outlook 2015 For the twelve month period ending December 31 2015 we forecast revenue to reach about 92 million and EBITDA to be in the 13 5 14 5 million bracket Dividend As per the Corporation s dividend policy the Board of Directors has declared a dividend of 4 cents 0 04 per common share payable on June 8 2015 to shareholders of record of the Corporation at the close of business on May 25 2015 This is an eligible dividend within the meaning of the Income Tax Act Savaria Corporation savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Corporation now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables the Corporation to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Corporation records more than 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 700 retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China Compliance with International Financial Reporting Standards IFRS The information appearing in this press release has been prepared in accordance with IFRS However the Corporation uses EBITDA for analysis purposes to measure its financial performance This measure has no standardized definition in accordance with IFRS and is therefore regarded as a non IFRS measure This measure may therefore not be comparable to similar measures reported by other companies Reconciliation between net income for the period and EBITDA is provided in the Reconciliation of EBITDA with Net Income section below Cautionary Notice Regarding Forward Looking Statements Certain information in this press release may constitute forward looking statements regarding Savaria including without being limited thereto understanding of the elements that might affect the Corporation s future relating to its financial or operating performance the costs and schedule of future acquisitions supplementary capital expenditure requirements and legislative matters Most frequently but not invariably forward looking statements are identified by the use of such terms as plan expect should could

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Q1results2015best (2016-02-16)
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  • Savaria - Savaria Announces the Best Fourth Quarter and the Best Year in Its History
    2014 we purchased the assets of Silver Cross enabling us to increase the number of internet leads from 3 500 to 10 500 leads per year in the coming years we plan to increase the number of franchises across Canada from our current 16 Our increased efforts to develop new products have been successful We have commercialized a new stairlift for curved stairs the Stairfriend and developed a new stairlift for straight stairs Furthermore we have developed a vehicle conversion based on the frame of the Ram ProMaster able to carry up to seven passengers including three in wheelchairs The new vehicle was unveiled in February at the NMEDA annual conference in Daytona Florida Both products will be introduced to market in the third quarter of 2015 Our strong financial position enables us to stay abreast of business opportunities that may arise in the accessibility market and to continue to develop new markets and new products concluded Mr Bourassa Outlook 2015 For the twelve month period ending December 31 2015 we forecast revenue to be about 92 million and EBITDA to be in the 13 5 14 5 million bracket Savaria Corporation savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures distributes and installs primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts With the acquisition of Silver Cross the Corporation now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America also it is a franchisor of stores through which new and recycled accessibility equipment is sold In addition Savaria converts and adapts minivans to be wheelchair accessible The diversity of its product line one of the world s most comprehensive enables the Corporation to stand out by proposing an integrated and customized solution for its customers mobility needs Its operations in China have substantially grown and the collaboration with Savaria s other Canadian facilities increases its competitive edge in the market place The Corporation records some 60 of its revenue outside Canada primarily in the United States It operates a sales network of some 700 retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal Quebec Brampton and London Ontario Calgary Alberta and Huizhou China Compliance with International Financial Reporting Standards IFRS The information appearing in this press release has been prepared in accordance with IFRS However the Corporation uses EBITDA for analysis purposes to measure its financial performance This measure has no standardized definition in accordance with IFRS and is therefore regarded as a non IFRS measure This measure may therefore not be comparable to similar measures reported by other companies Reconciliation between net income for the period and EBITDA is provided in the Reconciliation of EBITDA with Net Income section below Cautionary Notice Regarding Forward Looking Statements

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Q4results2014best (2016-02-16)
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