Back to news

Savaria’s Third Quarter Delivers 9.0% Revenue Growth and a Record High $52.1M of Adjusted EBITDA

Globe Newswire•04/11/2026•17:05 ET
0

Key Highlights

  • ➤Q3 revenue $245.0M, up 9.0% on 6.8% organic growth
  • ➤Q3 adjusted EBITDA $52.1M, up 9.5%, with 21.2% margin
  • ➤Operating income $35.6M, up 28.6% year over year
  • ➤Savaria targets approximately 12% annual revenue growth for five years
  • ➤Net debt fell to $173.2M; leverage declined to 0.85x adjusted EBITDA

Expert Statements

Sébastien Bourassa, President and CEO of Savaria

“Our third quarter delivered steady results in line with our expectations. We realized our best quarterly adjusted EBITDA of $52.1M at a solid 21.2% adjusted EBITDA margin. Of note, we saw organic growth of 6.8% that contributed to our year-over-year 9% increase in revenue to hit $245M in the quarter.”

Sébastien Bourassa, President and CEO of Savaria

“We received an enthusiastic dealer response to the September launch of our new larger model of the Luma through-floor lift – the Luma L. The expanded cabin size can accommodate many styles of mobility devices offering a simple, yet stylish way for homeowners to age-in-place, with its easy-to-retrofit design. The Luma L is available now in North America and will be in Europe in January 2027.”

Sébastien Bourassa, President and CEO of Savaria

“With over $337M of available funds, we can continue to support growth opportunities through internal investments and potential acquisitions,”

Marcel Bourassa, Executive Chairman of Savaria

“Savaria continues to deliver results beyond my dreams of the early days of business. The vision I had to build products for baby-boomers was in the future. But that future is now, with our strong portfolio including home elevators, wheelchair lifts, stairlifts, ceiling lifts and medical beds. Whether you’re a senior moving to an urban townhouse, or looking for a simple way to stay in your home, we have a solution to make it easier. If you’re in the hospital or long-term care centre, we’re there to move you safely.”

Marcel Bourassa, Executive Chairman of Savaria

“To do this, and deliver the results that allow us to re-invest in the years to come, is a dream come true and we still see so much opportunity in our industry with products and territory. We have our over 2,600 employees to thank – they are dedicated to building the best company we can.”

LAVAL, Québec, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce its results for the third quarter of 2026.

Highlights – Q3 2026 compared to Q3 2025 * Revenue was $245.0M, up $20.3M or 9.0%, mainly due to organic growth of 6.8% and acquisition growth of 1.4%. * Accessibility experienced growth of 9.1%. * Patient Care achieved revenue growth of 8.6%.

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in