Overview

* Savaria ( SISXF ) Q2 revenue up 2.4% yr/yr, missed analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats consensus, reflecting improved operational performance

* Adjusted EBITDA for Q2 exceeds estimates, indicating strong financial health

Outlook

* Savaria ( SISXF ) forecasts 2025 revenue of about C$925 mln, adjusted EBITDA margin at 20%

* Company expects revenue growth from volume, price increases, and new products

* Company confident in sustaining profitability despite geopolitical uncertainties

Result Drivers

* FOREIGN EXCHANGE IMPACT - Revenue increased by 2.4% mainly due to a positive foreign exchange impact of 2.6%, partially offset by an organic contraction of 0.7%

* ACQUISITION CONTRIBUTION - Revenue benefited from the acquisition of Western Elevator, contributing to overall growth

* SEGMENT PERFORMANCE - Accessibility segment grew by 1.9%, driven by North American growth, while Patient Care segment saw a 4.4% increase in revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss C$226.75 C$228.80

Revenue mln mln (5

Analysts

)

Q2 Beat C$0.29 C$0.21

Adjusted (3

EPS Analysts

)

Q2 C$20.83

Adjusted mln

Net

Income

Q2 Net C$16.32

Income mln

Q2 Beat C$46.74 C$44.10

Adjusted mln mln (6

EBITDA Analysts

)

Q2 Gross C$88.49

Profit mln

Q2 C$26.71

Operatin mln

g Income

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 ( SISXF ) is C$24.00, about 15.8% above its August 5 closing price of C$20.22

* The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

(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.)