A: Savaria Corp., $7.29, symbol SIS on Toronto (Shares outstanding: 32.6 million; Market cap: $227.8 million; www.savaria.com), makes products for people with limited mobility.
The company has two main businesses:
Accessibility (87% of revenue) makes stairlifts, platform lifts and elevators for homes and businesses.
Adapted Vehicles (13%) installs ramps and lowered floors in minivans so they can take wheelchairs. This business serves both private vehicles and taxi fleets.
Savaria operates two plants in Canada and one in China. It mainly sells its products and services through 300 independent dealers; its major markets are the U.S. (55% of revenue), Canada (36%) and other countries (9%).
Thanks to the successful launch of new products and the company’s acquisition of related businesses, Savaria’s revenue rose 45.9%, from $65.3 million in 2011 to $95.3 million in 2015.
Earnings fell from $0.09 a share (or a total of $2.0 million) in 2011 to $0.07 a share (or $1.6 million) in 2012. The drop was mainly due to higher interest costs and…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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COMMENTS: TERMS OF USE
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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