Savaria Q3 revenue misses estimates

Savaria

05/11/2025 22:17

Overview

Savaria Q3 revenue rose 5.2% yr/yr but missed analyst expectations

Adjusted EPS for Q3 met analyst expectations

Adjusted EBITDA for Q3 beat analyst expectations

Outlook

Savaria forecasts fiscal 2025 projects revenue of approximately $925 mln

Company expects adjusted EBITDA margin slightly above 20% for fiscal 2025

Savaria plans to optimize North American manufacturing to maintain competitiveness

Result Drivers

SAVARIA ONE INITIATIVE - Operational improvements from the Savaria One project contributed to a record gross margin of 39.2%

ACCESSIBILITY SEGMENT - Strong performance in the Accessibility segment, which delivered 23.5% adjusted EBITDA margin

REVENUE GROWTH DRIVERS - Revenue growth driven by organic growth, foreign exchange impact, and acquisition of Western Elevator Ltd.

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
C$224.77 mln
C$231.20 mln (5 Analysts)
Q3 Adjusted EPS
Meet
C$0.32
C$0.32 (3 Analysts)
Q3 Adjusted Net Income
C$23.45 mln
Q3 Net Income
C$19.47 mln
Q3 Adjusted EBITDA
Beat
C$47.56 mln
C$46.70 mln (7 Analysts)
Q3 Gross Profit
C$88.12 mln
Q3 Operating Income
C$27.70 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$25.50, about 15.2% above its November 4 closing price of C$21.62

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX6MqTtz

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)