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  • Savaria - Savaria Announces Quarter and Fiscal Year Ended December 31, 2014 Results Release Date
    quarter and fiscal year ended December 31 2014 results after market hours on March 26 2015 Savaria Corporation savaria com 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

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=Q4results2014 (2016-02-16)
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  • Savaria - Savaria Declares its Quarterly Dividend
    of record of the Corporation at the close of business on February 18 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 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 410 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 Helene Bernier CA Vice President Finance helene bernier savaria com 1 800 931 5655 ext 248 www savaria com Marcel Bourassa Chairman of the Board President and Chief Executive Officer 1 800 661 5112 Share on email related information News Archives recent news Savaria Declares its Quarterly Dividend 2016 02 05 Savaria discloses its

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=dividend0215 (2016-02-16)
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  • Savaria - Savaria Announces the Best EBITDA in its History
    30 4 of revenue compared to 29 6 in 2013 Operating income for the third quarter of 2014 is stable at 2 4 million For the first nine months operating income increased by 327 000 or 5 3 from 6 1 million in 2013 to 6 5 million in 2014 Were it not for a non recurring income of 350 000 recorded in 2013 operating income for the first nine months of 2014 would have been up 677 000 or 11 7 Net income for the third quarter of 2014 is up 27 from 1 5 million in 2013 to 1 9 million in 2014 an increase of 409 000 For the first nine months of 2014 net income is up 12 1 from 4 2 million to 4 7 million an increase of 503 000 EBITDA for the third quarter is up 524 000 from 2 7 million in 2013 to 3 2 million in 2014 an increase of 19 5 For the first nine months of 2014 EBITDA is up 639 000 from 7 5 million in 2013 to 8 1 million in 2014 an increase of 8 5 Were it not for the non recurring income of 350 000 recorded in 2013 the increase in EBITDA for the first nine months would have been 989 000 or 13 8 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 December 8 2014 to shareholders of record of the Corporation at the close of business on November 24 2014 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 it also became 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 has a sales network of some 600 retailers in North America and employs some 410 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

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=best_EBITDA (2016-02-16)
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  • Savaria - Savaria announces the acquisition of Silver Cross as well as an increase in its quarterly dividend of 14%
    backing of Savaria Silver Cross can expand more quickly in meeting the needs of the rapidly growing seniors market a market that is looking for high quality good value and exceptional service We want to be the go to source in markets where there is opportunity to fill this gap said Silver Cross founder Robert Harvey I am confident that this acquisition will increase our earnings before interest taxes depreciation and amortization EBITDA by 1 5 million in 2015 through increased sales of Savaria products increased volume of leads and related synergies with our brand Therefore the Board of Directors has approved an increase to the quarterly dividend of 14 to 4 cents 0 04 per common share effective immediately concluded Mr Bourassa Founded in 1997 Silver Cross developed a unique position in the home healthcare equipment sector by offering both recycled and new products The business also pioneered internet search marketing optimization strategies to capture consumers looking for information in the home healthcare sector Silver Cross will be a new division of Savaria and Robert Harvey will remain with Silver Cross to assist the Savaria management team with its business development strategy for North America 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 installs and distributes primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts In addition it 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

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=acquisitionsilvercross (2016-02-16)
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  • Savaria - Recently created: Bourassa Savaria Foundation
    It will benefit from a quarterly contribution from Savaria Corporation of 1 of its earnings before interest taxes depreciation and amortization EBITDA starting at the end of the third quarter of 2014 as approved by the Board of Directors Based on the results over the course of the last 12 months the yearly contribution is anticipated to be 125 000 Registered Canadian charities representing individuals facing mobility challenges who are in need of financial support will be able to apply for a contribution from the Bourassa Savaria Foundation beginning in the fall of 2014 through the web site www bourassasavariafoundation com I wish to thank all our customers our employees and the community for the support I have received in building Savaria Corporation and I look forward to growing our Foundation to assist those in need for years to come concluded Mr Bourassa 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 installs and distributes primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts In addition it 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 has a sales network of some 600 retailers in North America and employs some 410 people at its head office in Laval and at its plants and sales offices

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=foundation (2016-02-16)
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  • Savaria - Savaria Announces Its Best Quarter in History
    semester operating income increased by 339 000 or 9 1 from 3 7 million in 2013 to 4 1 million in 2014 Were it not for an income of 350 000 recorded in the first semester of 2013 operating income for the first semester of 2014 would have been up 689 000 or 20 5 At 1 5 million net income for the second quarter of 2014 is up 8 5 from 1 4 million for the second quarter of 2013 an increase of 121 000 For the first semester net income is up 3 5 from 2 7 million to 2 8 million an increase of 94 000 EBITDA for the second quarter is up 173 000 from 2 5 million in 2013 to 2 7 million in 2014 an increase of 6 9 For the first semester 2014 EBITDA is up 115 000 from 4 8 million in 2013 to 4 9 million in 2014 an increase of 2 4 Were it not for the income of 350 000 recorded in 2013 the increase in EBITDA for the semester would have been 465 000 or 10 4 Share Capital During the second quarter the Corporation completed a private placement issuing 5 750 000 common shares resulting in net proceeds of 17 6 million As at June 30 2014 29 554 614 common shares were outstanding compared to 23 010 864 as at June 30 2013 Dividend As per the Corporation s dividend policy the Board of Directors has declared a dividend of 3 5 cents 0 035 per common share payable on August 29 2014 to shareholders of record of the Corporation at the close of business on August 15 2014 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 installs and distributes primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts In addition it 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 has a sales network of some 600 retailers in North America and employs some 410 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

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=bestquarter (2016-02-16)
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  • Savaria - Savaria: 2014 Annual Shareholders Meeting
    Wednesday May 21 st at 11 00 AM Place Hotel Le Crystal René Lévesque Room 1100 de la Montagne street Montreal In addition to the usual resolutions a review of Savaria s fiscal 2013 and 2014 first quarter highlights will be presented The Notice of Annual Meeting the Management Information Circular and the 2013 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 installs and distributes primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts In addition it 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 has a sales network of some 600 retailers in North America and employs some 380 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 Helene Bernier CA Vice President Finance helene bernier savaria com 1 800 931 5655 ext 248 www savaria com Marcel Bourassa Chairman of the Board President and Chief Executive Officer 1 800 661 5112 related information News Archives recent news Savaria Declares its Quarterly Dividend 2016 02 05 Savaria discloses

    Original URL path: https://www.savaria.com/Investors/news?path=/Investors/news&node=shareholders2014 (2016-02-16)
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  • Savaria - Savaria Completes $18,687,500 Bought Deal Private Placement
    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 savaria com is North America s leader in the accessibility industry focused on meeting the needs of people with mobility challenges Savaria designs manufactures installs and distributes primarily elevators for home and commercial use as well as stairlifts and vertical and inclined platform lifts In addition it converts and adapts wheelchair accessible automotive vehicles 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 Savaria records some 60 of its revenue outside Canada primarily in the United States It has a sales network of some 600 retailers in North America and employs some 360 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 This news release contains forward looking statements and other statements that are not historical facts Such forward looking statements are subject to known and unknown risks uncertainties and assumptions that could cause actual results to vary materially from target results and the results or events predicted in these forward looking statements As a result investors are cautioned not to place undue reliance on these forward looking statements The forward looking statements contained in this news release are made as of the date of this release Except as

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