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    SIS   CA8051121090

SAVARIA CORPORATION

(SIS)
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Savaria Declares Monthly Dividend

01/24/2022 | 07:45am EDT

LAVAL, Quebec, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS) a global leader in the accessibility industry, declared today a dividend of 4.17 cents ($0.0417) per common share, in accordance with its monthly dividend policy, payable on February 11, 2022, to shareholders of record of the Corporation at the close of business on January 31, 2022. This is an eligible dividend within the meaning of the Income Tax Act.

About Savaria Corporation

Savaria Corporation (savaria.com) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. In addition, Savaria converts and adapts vehicles for personal and commercial uses. The Corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (UK, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China. Savaria employs approximately 2,300 people globally and its plants are located across Canada, the United States, Europe and China.

For further information: 
Marcel Bourassa
Chairman, President and Chief Executive Officer
1.800.661.5112
mbourassa@savaria.com

Stephen Reitknecht, CPA, CA
Chief Financial Officer
1.800.661.5112, ext. 3370
sreitknecht@savaria.com

www.savaria.com
facebook.com/savariabettermobility
twitter.com/Mobilityforlife


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Source: Savaria Corporation

2022 GlobeNewswire, Inc., source Press Releases - Canada

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Analyst Recommendations on SAVARIA CORPORATION
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Financials
Sales 2022 781 M 607 M 607 M
Net income 2022 35,4 M 27,5 M 27,5 M
Net Debt 2022 308 M 239 M 239 M
P/E ratio 2022 21,0x
Yield 2022 3,75%
Capitalization 876 M 681 M 681 M
EV / Sales 2022 1,52x
EV / Sales 2023 1,39x
Nbr of Employees 2 250
Free-Float 75,6%
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Technical analysis trends SAVARIA CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 13,61 CAD
Average target price 22,75 CAD
Spread / Average Target 67,2%
EPS Revisions
Managers and Directors
Marcel Bourassa Chairman, President & Chief Executive Officer
Stephen Reitknecht Chief Financial Officer
Sebastien Bourassa Director, Vice President-Operations & Integration
Peter A. Drutz Lead Independent Director
Jean-Louis Chapdelaine Independent Director
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