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    Savaria Announces 2020 Q2 Results  140  0 Kommentare Revenue of $84.7M and Adjusted EBITDA margin at 17.1%

    LAVAL, Québec, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce today its results for the second quarter of fiscal 2020.

    Highlights

    • Revenue was $84.7M, down $9.3M, or 9.9%;
    • Gross profit was $29.3M, down $2.8M, or 8.6%, representing 34.6% of revenue compared to 34.1%;
    • Adjusted net earnings stable, coming in at $6.3M, or $0.12 per share on a diluted basis;
    • Adjusted EBITDA was $14.5M, up $0.3M or 1.8%.
    in thousands of dollars, except per-share
     amounts and percentages
    Q2 YTD
    2020 2019 Change 2020 2019 Change
    Revenue   $84,668 $93,992 (9.9) %   $173,087 $181,469 (4.6) %
    Gross profit   $29,269 $32,040 (8.6) %   $59,411 $59,094 0.5%
    % of revenue 34.6% 34.1% n/a 34.3% 32.6% n/a
    Adjusted net earnings (1)   $6,257 $6,207 0.8%   $13,437 $9,877 36.0%
    % of revenue 7.4% 6.6% n/a 7.8% 5.4% n/a
    Adjusted net earnings per share (1)   $0.12 $0.13 (7.7) %   $0.26 $0.21 23.8 %
    Adjusted EBITDA(1)   $14,470 $14,217 1.8%   $26,827 $24,748 8.4%
    % of revenue 17.1% 15.1% n/a 15.5% 13.6% n/a
    Adjusted EBITDA per share   $0.28 $0.30 (6.7) %   $0.53 $0.53 -
    (1) Non-IFRS measures are described in the 'Glossary' section of the MD&A          

    A word from the President

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    Savaria Announces 2020 Q2 Results Revenue of $84.7M and Adjusted EBITDA margin at 17.1% LAVAL, Québec, Aug. 12, 2020 (GLOBE NEWSWIRE) - Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce today its results for the second quarter of fiscal 2020. …