Savaria Corporation Earnings Recaps
Q3 2025
Nov 7, 2025
Savaria Corporation achieved a record 21.2% adjusted EBITDA margin in Q3 2025, driven by operational improvements and strong performance in the Accessibility segment.
Key takeaways
- Revenue rose 5.2% year-over-year to $224.8 million, aided by organic growth and acquisitions.
- Gross margin improved by 220 basis points to 39.2%, reflecting successful operational efficiencies from the Savaria One initiative.
- Q3 net earnings jumped 74% to $19.5 million, resulting in earnings per share of $0.27.
- High backlog levels signal a strong Q4 outlook, despite overall growth being below targets.
- Net debt-to-EBITDA ratio improved to 1.19, with $290 million available for future investments.
Q2 2025
Aug 8, 2025
Savaria Corporation reported a strong Q2 2025, achieving a record adjusted EBITDA margin of 20.6% and demonstrating robust operational efficiencies through the Savaria One program.
Key takeaways
- Revenues increased 2.4% year-over-year, totaling $226.7 million, fueled by a favorable foreign exchange impact and the acquisition of Western Elevator.
- Consolidated gross margin improved to 39%, up 150 basis points year-over-year, reflecting enhanced operational efficiencies.
- Net earnings rose 43% year-over-year to $16.3 million, with earnings per share reaching $0.23.
- Patient Care segment experienced 4.4% growth, attributed to increased project work in long-term care facilities.
- The company remains optimistic about growth prospects, particularly with the upcoming launch of new products and expansion initiatives.