Brief: Savaria Increases Dividend By 17 pct, Provides Update To 2018 Guidance

Savaria

20/09/2018 13:41

Sept 20 (Reuters) - Savaria Corp  SIS.TO :
    * SAVARIA INCREASES ITS DIVIDEND BY 17%, AND PROVIDES AN
UPDATE TO
ITS 2018 GUIDANCE AND NEW FORECASTS FOR 2019
    * SEES FY 2019 REVENUE C$400 MILLION
    * APPROVED A 17%  INCREASE TO MONTHLY DIVIDEND, RAISING IT
TO 3.5
CENTS PER MONTH FROM 3.0 CENTS
    * SAVARIA - FOR 2019, CO PRELIMINARILY FORECASTS ADJUSTED
EBITDA
IN A RANGE OF CAD$60 MILLION TO CAD$62 MILLION

Source text for Eikon:  ID:nGNX1fSbJ4 
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 ((Reuters.Briefs@thomsonreuters.com))