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  • Savaria - Savaria Forecast 2016 Results To Be A Record Year
    produce an EBITDA in the range of 15 8 million to 16 6 million for 2016 declared Marcel Bourassa President and Chief Executive Officer of Savaria What is more encouraging is that these results are based on existing operations and do not take into account potential acquisitions concluded Mr Bourassa Savaria Corporation savaria com is one of the North America s leaders 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 440 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 Cautionary Notice Regarding Forward Looking Statements Certain statements may constitute forward looking statements Such forward looking statements involve risks uncertainties and other factors which may cause actual results

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Forecast_2016 (2016-02-16)
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  • Savaria - Savaria Announces Results for the Third Quarter of 2015
    2 3 versus sales growth of 10 4 The Corporation continues to hold a strong balance sheet allowing it to fund internal growth and pursue growth by acquisitions concluded Mr Bourassa Outlook 2015 For the twelve month period ending December 31 2015 the Corporation maintains its forecasted revenue of around 92 million and EBITDA in the 13 5 14 5 million bracket Dividend As per the Corporation s new dividend policy the Board of Directors has declared a dividend of 5 cents 0 05 per common share payable on December 1 2015 to shareholders of record of the Corporation at the close of business on November 17 2015 This is an eligible dividend within the meaning of the Income Tax Act Savaria Corporation savaria com is one of the North America s leaders 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 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

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Quarter_results (2016-02-16)
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  • Savaria - Savaria Announces 2015 Third Quarter Results Release Date
    Savaria Corporation Savaria com is one of the North America s leaders 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 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 www savaria com Facebook https www facebook com savariabettermobility Twitter https twitter com Mobilityforlife 30 related information News Archives recent news Savaria Declares its Quarterly Dividend 2016 02 05 Savaria discloses its preliminary Q4 2015 results 2016

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Quarter_release_date (2016-02-16)
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  • Savaria - Savaria Acquires Two Silver Cross Stores
    the east side of Toronto including Scarborough and Markham The St Catharines location services the Niagara region including Welland and Niagara Falls Both locations will sell stairlifts wheelchair lifts home elevators wheelchair accessible vans and other home healthcare products About Silver Cross Silver Cross operates 15 franchise stores in Canada and the US with 4 corporate locations in Ontario Savaria Corporation 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 Corporation is one of the North America s leaders 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

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Silvercross_two_stores (2016-02-16)
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  • Savaria - Savaria Announces a 25 % Dividend Increase
    for 2016 reinforce our confidence in our ability to generate cash flow enabling us to increase our quarterly dividend from 4 cents to 5 cents per share declared Marcel Bourassa President and Chief Executive Officer of Savaria Savaria Corporation savaria com is one of the North America s leaders 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 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

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Savaria_dividend (2016-02-16)
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  • Savaria - Savaria Corporation Launches A Normal Course Issuer Bid
    ADTV The normal course issuer bid will begin on September 3 2015 and will run until September 2 2016 at the latest These purchases are to be made through the facilities of the TSX in accordance with its requirements on normal course issuer bids The price which Savaria will pay for any common shares will be the market price at the time of acquisition plus brokerage fees The Corporation did not buy back any of its shares in the last twelve months Savaria believes that the purchase of its shares may constitute an appropriate use of its available cash and therefore that the issuer bid is in the best interests of Savaria and its shareholders 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

    Original URL path: https://www.savaria.com/about?path=/Investors/news&node=Savaria_issuer_bid (2016-02-16)
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  • Savaria - Our Company
    lifts LU LA limited use limited accessibility elevators door and gate openers swing doors wheelchair accessible van conversions powered scooters Savaria Facilities We have offices and manufacturing facilities in the suburbs of Toronto and Montreal Canada as well as in Guandong Province China Elevators Lifts Division 2 Walker Drive Brampton Ontario L6T 5E1 Canada Local 905 791 5555 Toll Free 1 800 661 5112 Fax 905 791 2222 Corporate Office 4350 Highway 13 Laval Quebec H7R 6E9 Canada Local 450 681 5655 Toll Free 1 800 931 5655 Fax 450 628 4500 RBQ License Number 8325 5810 13 Montreal area Showroom and Store 4350 Highway 13 Laval Quebec H7R 6E9 Canada Local 450 681 5655 Toll Free 1 800 931 5655 Fax 450 681 4745 Vehicle Division Offices Groupe Véhicule Savaria Savaria Vehicle Group 4350 Highway 13 Laval Quebec H7R 6E9 Canada Local 514 342 5000 Toll Free 1 800 668 8705 Fax 514 342 2600 Fax Toll Free 800 361 1725 Groupe Véhicule Savaria Savaria Vehicle Group 2 Walker Drive Brampton Ontario L6T 5E1 Canada Local 905 799 5544 Toll Free 1 800 561 9600 Fax 905 799 5548 Savaria Huizhou China Savaria Huizhou Mechanical Equipments Manufacturing Co Ltd Panli Village Lilin Town Zhongkai Hi Tech Industrial Development Zone Huicheng Zone Huizhou City Guangdong Province P R China Postal Code 516035 Local 0752 262 1825 Fax 0752 262 1815 Accessible Customer Service Savaria is committed to serving our clients and providing access for persons with disabilities See more details here AODA standards Ontario Canada only related information Our Company History Leadership Bourassa Savaria Foundation Careers Site Map Savaria Privacy Policy 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

    Original URL path: https://www.savaria.com/about/company?lang=en (2016-02-16)
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  • Savaria - History
    Acquired in 1989 by Marcel Bourassa Savaria s CEO today the company grew significantly as an accessibility company With the acquisition of Concord Elevator in 2005 Savaria entered the luxury home elevator market with innovative high quality brands by Concord That same year Savaria acquired Van Action to offer wheelchair van conversions and custom vehicle adaptations With the 2006 opening of its 100 managed manufacturing operation in Huizhou China Savaria is able to more efficiently produce components for its array of products This complements the company s North American custom manufacturing operations In 2010 the company consolidated its brands under the Savaria moniker as personal mobility products Uniquely positioned to offer solutions in the home public spaces and vehicles the company seeks to better the mobility of people no matter where they need it related information Our Company History Leadership Bourassa Savaria Foundation Careers Site Map Savaria Privacy Policy 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 Savaria Announces Results for the Third Quarter of 2015 2015 11 05 Savaria Announces 2015 Third Quarter Results Release

    Original URL path: https://www.savaria.com/about/history?lang=en (2016-02-16)
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