Mr. Sebastien Bourassa reports
SAVARIA INCREASES DIVIDEND BY 5.36%
Savaria Corp.'s board of directors has approved an increase to the corporation's monthly dividend, raising it to 4.916 cents per common share. On an annual basis, this represents an increase of three cents or 5.36 per cent, raising the dividend to 59 cents per common share. This increase will apply to the dividends payable monthly starting on Oct. 9, 2026, to shareholders of record of the corporation at the close of business on Sept. 30, 2026. This is an eligible dividend within the meaning of the Income Tax Act (Canada).
A word from the executive chairman
"As a result of our financial performance in 2025 and for the first six months of 2026, I am pleased to announce an increase in our dividend. This dividend increase reflects our confidence in continuing to deliver strong profitability in the coming years while maintaining ample balance sheet flexibility by paying down debt and having the ability to invest in growth opportunities as they arise. So far in 2026, we have invested or have committed to invest approximately $40-million by year-end across acquisitions, including Vipal SpA in Italy and Baxter in Texas, as well as the expansion of our manufacturing plant in Greenville, S.C.," said Marcel Bourassa, executive chairman.
About Savaria Corp.
Savaria is one of the global leaders in the accessibility industry. It provides accessibility solutions for the physically challenged to increase comfort, mobility and independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as elevators for home and commercial use, stairlifts for straight and curved stairs, and vertical and inclined wheelchair lifts and dumbwaiters. In addition, Savaria manufactures and markets a comprehensive selection of pressure management products and medical beds, as well as an extensive line of medical equipment and solutions for the safe movement of patients, such as transfer, lifting and repositioning aids. The corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic) and Australia. Savaria employs approximately 2,550 people globally, and its plants are located across Canada, the United States, Mexico, Europe and China.
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