Savaria Declares Monthly Dividend

LAVAL, Québec, Aug. 24, 2020 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, declared today a dividend of 3.83 cents ($0.0383) per common share, in accordance with its monthly dividend policy, payable on September 10, 2020, to shareholders of record of the Corporation at the close of business on August 31, 2020. This is an eligible dividend within the meaning of the Income Tax Act.

About Savaria Corporation

Savaria Corporation (savaria.com) is one of the global leaders in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients. In addition, Savaria converts and adapts vehicles to be wheelchair accessible. The Corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (Switzerland, Germany, Italy, Czech Republic, Poland and United Kingdom), Australia and China. Savaria employs approximately 1,430 people globally and its plants are located across Canada in Laval and Magog (Québec), Brampton, Beamsville and Toronto (Ontario) and Surrey (British Columbia), in the United States at Greenville (South Carolina), in Huizhou (China), in Milan (Italy) and in Newton Abbot (United Kingdom).

For further information:
Marcel Bourassa President and Chief Executive Officer 1.800.661.5112 [e-mail]	Mauro Ferrara, CPA, CA Chief Financial Officer 1.800.931.5655 x227 [e-mail]	www.savaria.com www.facebook.com/savariabettermobility www.twitter.com/Mobilityforlife