Savaria Corp. reported record Q2 revenue of $246M, up 8.4%, with EBITDA margin of 21% as CEO Bourassa highlighted Savaria One's ongoing success.
Alpha Score of 45 reflects weak overall profile with moderate momentum, poor value, moderate quality, strong sentiment.
Savaria Corp. posted record revenue of $246 million in the second quarter, up 8.4% from a year earlier, with EBITDA margin reaching 21% – the highest in the company's history. Chief Executive Sebastien Bourassa called it the company's best-ever quarter on the earnings call Tuesday.
Growth was balanced between the Patient Care and Accessibility segments, Bourassa said. The margin expansion, he added, reflects the continued success of the Savaria One transformation program, which has been driving cost savings and operational efficiency over the past several years.
On the call, Bourassa outlined three priorities: sustaining revenue growth, building on North American momentum, and advancing the Savaria One initiative. The third consecutive quarter of growth, he said, indicates that the strategic plan for the next five years is starting to take hold.
Chief Financial Officer Stephen Reitknecht was on the call alongside Chief Transformation Officer Jean-Philippe Montigny, who was expected to provide additional detail on Savaria One during the Q&A session. Analysts from Desjardins, TD Cowen, Paradigm Capital, National Bank Financial, and Stifel participated in the call.
Bourassa closed with a thank-you to the team. "I'm very thankful to our team for all the hard work that they make those great results quarter after quarter," he said.
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