Savaria Corp. is a Canadian company that manufactures, assembles, and customizes a range of stair lifts, platform lifts, and commercial and residential elevators. It operates through two divisions: Accessibility, which designs, makes and installs accessibility products such as stair lifts and elevators; and Adapted Vehicles, which converts both private and commercial minivans (i.e. taxis) for accessible access.
Income Investor
Sorry, you do not have access to this content.Savaria is off 5% over the last year but is up 45% before dividends since our original recommendation in 2016. With demographics driving demand for stairlifts and mobility products, a price/earnings ratio that has fallen to below 30 and a dividend increased by $0.02 (4%) to $0.52, for a yield of 3.3%, Savaria remains a Buy.- Gavin Graham
Current Advice
Buy
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Capital Gain/Loss
48.7%