Savaria Corp (TSX:SIS)
C$ 20.53 -0.05 (-0.24%) Market Cap: 1.46 Bil Enterprise Value: 1.73 Bil PE Ratio: 31.58 PB Ratio: 2.63 GF Score: 92/100

Q3 2023 Savaria Corp Earnings Call Transcript

Nov 02, 2023 / 12:30PM GMT
Release Date Price: C$13.25 (+8.16%)
Operator

Good morning. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to Savaria Corporation's Q3 2023 Conference Call. (Operator Instructions)

This call may contain forward-looking statements, which are subject to the disclosure statement contained in Savaria's most recent press release issued on the 1st of November with respect to its Q3 2023 results. Thank you.

Mr. Bourassa, you may begin your conference.

Marcel Bourassa
Savaria Corporation - President, CEO & Chairman

Thank you very much, Sarah. So as you mentioned, my name is Marcel Bourassa and it's a pleasure to begin the call. After that, I will transfer that to my colleague. If I was taking in every year, I think we are going in the right direction. Now we have Q2 a little bit too weak but Q3, I think we can see that Europe will be better in the coming quarter and so that will be an impact on our sales and EBITDA.

So I am very positive and one thing very importantly, our company is based on the aging of the

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