Canada's Savaria Corp Q2 revenue beats estimates

Savaria

05/08/2026 22:15

Overview
Canada accessibility solutions provider's Q2 revenue grew 8.4%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Q2 adjusted EBITDA rose 10.7% yr/yr, beating analyst estimates

Outlook
Savaria targets 12% annual revenue growth over the next five years
Company aims for about $1.6 bln in revenue and at least 20% EBITDA margin by 2030

Result Drivers
ORGANIC GROWTH - Co said Q2 revenue increase was mainly due to organic growth of 6.6%
ACQUISITIONS - Co said acquisitions contributed 0.8% to Q2 revenue growth
STRATEGIC INITIATIVES EXPENSES - Operating income rose partly due to absence of strategic initiative expenses in Q2, following completion of Savaria One

Company press release: ID:nGNXc5ny8c

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
C$245.78 mln
C$242.56 mln (7 Analysts)
Q2 Adjusted EPS
Beat
C$0.35
C$0.33 (5 Analysts)
Q2 Adjusted Net Income
Beat
C$25.64 mln
C$24.05 mln (2 Analysts)
Q2 Net Income
 
C$25.20 mln
 
Q2 Adjusted EBITDA
Beat
C$51.76 mln
C$50.11 mln (8 Analysts)
Q2 Gross Profit
 
C$97.28 mln
 
Q2 Operating Income
 
C$35.82 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy electrical equipment peer group is "buy"
Wall Street's median 12-month price target for Savaria Corp is C$35.00, about 17.5% above its August 4 closing price of C$29.79
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago

Reuters Recommended Reads
Aug 4 - Canada's Sienna Senior Living Q2 revenue rises on acquisitions and occupancy growth
Aug 5 - Novanta beats Q2 revenue estimates on organic growth, raises 2026 guidance
Aug 4 - PACS Group reports Q2 revenue beat on higher occupancy, raises outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)