- Savaria’s adjusted EPS for the fourth quarter was C$0.26, surpassing the estimate of C$0.24.
- The company’s revenue for the quarter matched the estimate, standing at C$223.3 million.
- Adjusted EBITDA was reported at C$42.9 million.
- For the year, Savaria achieved a record-breaking adjusted EBITDA of C$161.2 million, marking a 24% improvement over 2023.
- The improvements were credited to the successful implementation of the Savaria One program, which enhanced cost efficiency across the business.
- Despite challenges from trade measures, CEO Sébastien Bourassa expressed confidence in Savaria’s ability to navigate future obstacles with agility.
- The stock is currently rated with 6 buys, 1 hold, and 0 sells.
A look at Savaria Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts reviewing Savaria Corp‘s long-term outlook based on Smartkarma Smart Scores have assigned the company a solid overall rating across key factors. With scores of 3 in Value, Dividend, Growth, and Momentum, Savaria demonstrates a balanced performance in these areas, indicating promising prospects moving forward. While Resilience scored a bit lower at 2, the overall outlook remains positive, supported by the company’s focus on designing, manufacturing, and distributing mobility equipment for individuals with special needs in the United States and Canada.
Savaria Corporation’s consistent scores across Value, Dividend, Growth, and Momentum imply a stable and potentially rewarding future. The company’s products, including vertical lifts, inclined lifts, and stairlifts, are distributed through a dealer network, showcasing a strategic approach to expanding its market reach. Despite a slightly lower score in Resilience, Savaria’s commitment to enhancing mobility solutions positions it well for continued growth and success in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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