Savaria Corporation
TSX : SIS

Savaria Corporation

February 19, 2016 15:06 ET

Savaria Announces Quarter and Fiscal Year Ended December 31, 2015 Results Release Date

LAVAL, QUEBEC--(Marketwired - Feb. 19, 2016) - Savaria Corporation ("Savaria") (TSX:SIS), one of the North America's leader in the accessibility industry, will release its fourth quarter and fiscal year ended December 31, 2015 results after market hours on March 10, 2016.

Savaria Corporation (savaria.com) is one of the North America's leaders in the accessibility industry focused on meeting the needs of people with mobility challenges. Savaria designs, manufactures, distributes and installs primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. With the acquisition of Silver Cross, the Corporation now operates a lead generation program to capture and distribute leads on potential customers to close to 100 affiliates in North America; also, it is a franchisor of stores through which new and recycled accessibility equipment is sold. In addition, Savaria converts and adapts minivans to be wheelchair accessible. The diversity of its product line, one of the world's most comprehensive, enables the Corporation to stand out by proposing an integrated and customized solution for its customers' mobility needs. Its operations in China have substantially grown and the collaboration with Savaria's other Canadian facilities increases its competitive edge in the market place. The Corporation records more than 60% of its revenue outside Canada, primarily in the United States. It operates a sales network of some 400 active retailers and affiliates in North America and employs some 440 people spread out between its plants and sales offices in Laval (Quebec), Brampton and London (Ontario), Calgary (Alberta) and Huizhou (China).

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