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SIS — Savaria News Story

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IndustrialsConservativeMid CapNeutral

Canada's Savaria Corp Q4 revenue beats estimates

Overview

Canada accessibility leader's Q4 revenue rose 8.3%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Outlook

Savaria plans to outline its next strategic phase at the upcoming Investor Day

Company aims to accelerate growth by expanding market opportunities

Result Drivers

ORGANIC GROWTH - Revenue increase mainly due to organic growth of 5.2% and positive foreign exchange impact of 2.5%

SEGMENT PERFORMANCE - Accessibility segment revenue increased by 7.7%, Patient Care segment revenue increased by 10.0%

Company press release: ID:nGNX2FR5Yj

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeatC$241.78 mlnC$237.74 mln (5 Analysts)
Q4 Adjusted EPSBeatC$0.37C$0.32 (3 Analysts)
Q4 Adjusted Net IncomeBeatC$26.10 mlnC$17 mln (1 Analyst)
Q4 Net IncomeC$20.51 mln
Q4 Adjusted EBITDABeatC$51.31 mlnC$48.47 mln (7 Analysts)
Q4 Gross ProfitC$93.94 mln
Q4 Operating IncomeC$29.74 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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$27.00, about 9.4% above its March 3 closing price of C$24.68 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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