Savaria (TSE:SIS)
TSX:SIS
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Earnings Data
Report Date
Aug 12, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.34Last Year’s EPS
0.29Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong top-line growth (+7%), significant margin expansion (adjusted EBITDA margin +190 bps to 20.4%), an 82% increase in net earnings, reduced leverage (<1.0x) and meaningful operational gains from Savaria One (estimated ~$7M EBITDA uplift in Q1). Most lowlights (FX headwinds, seasonal noise, spare-part tariff issues, working capital timing and the delayed impact of new product lines) are manageable and accompanied by mitigation plans. Given the balance of multiple positive financial and operational trends, ample liquidity for M&A, and clear targets for growth and margin sustainability, the overall tone was constructive and forward-looking.Company Guidance
Revenue Growth
Consolidated revenue of $235.5M in Q1, up $15.3M or 7% year-over-year driven by 5.7% organic growth, 0.7% from acquisitions and a 0.6% positive FX impact.
Strong Margin Expansion and EBITDA
Adjusted EBITDA of $48.1M with a margin of 20.4% vs 18.5% a year ago (improvement of 190 bps); gross margin improved to 38.9% from 37.8% (+110 bps); operating income increased by $11.7M year-over-year.
Net Earnings and EPS Improvement
Net earnings rose to $22.7M from $12.5M (an 82% increase) and diluted EPS increased to $0.31 from $0.17 year-over-year.
Segment Performance — Accessibility and Patient Care
Accessibility revenue grew 7.9% driven by strong stairlift demand in Europe and Canada; Accessibility adjusted EBITDA margin rose to 22.4% from 20.1% (+230 bps). Patient Care revenue grew 3.8% with organic growth of 6.5%; Patient Care adjusted EBITDA margin improved to 19.5% from 18.8%.
Operational Improvements from Savaria One
Savaria One: ~400 initiatives completed historically, ~200 in flight, ~40 launched in Q1; internal estimate of ~$7M EBITDA improvement attributable to initiatives in Q1, with continued initiatives expected to drive further gains.
Balance Sheet Strength and Liquidity
Net debt-to-EBITDA reduced to 0.92x (below 1.0x); $324M of available liquidity under credit facility; finance costs decreased to $3.1M from $3.5M and interest on long-term debt decreased ~$1.2M versus prior year.
Strategic CapEx, M&A Capacity and Guidance
Q1 CapEx was $6M (≈2.5% of sales) including $1M for Greenville expansion; full-year CapEx expected slightly >2.5% but <3%; management targets ~12% annual revenue growth to 2030 to ~$1.6B and maintaining adjusted EBITDA margins ≥20%; M&A ambition of ~$200M over 5 years supported by liquidity.
Product & Commercial Wins
Notable commercial wins and operational wins: dealer wallet shifts in Europe, stronger Beamsville bed factory performance winning Canadian public tenders, Matot dumbwaiter integration with reduced lead times and strong order intake, direct stores growth (Australia, U.K.), and in-house Ultron electronics mitigating supply chain/semiconductor shortages.
TSE:SIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$29.56 | C$28.69 | -2.94% |
Mar 04, 2026 | C$24.20 | C$26.28 | +8.60% |
Nov 05, 2025 | C$21.52 | C$21.50 | -0.09% |
Aug 06, 2025 | C$19.93 | C$20.89 | +4.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Savaria (TSE:SIS) report earnings?
Savaria (TSE:SIS) is schdueled to report earning on Aug 12, 2026, TBA (Confirmed).
What is Savaria (TSE:SIS) earnings time?
Savaria (TSE:SIS) earnings time is at Aug 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SIS EPS forecast?
TSE:SIS EPS forecast for the fiscal quarter 2026 (Q2) is 0.34.