Issue 18 – Savaria Keeps on Buying
Savaria Corporation (TSX:SIS) designs, manufactures, and distributes equipment that facilitates the mobility of people with special needs. More information can be found on their website: https://www.savaria.com/products The North American demand for this kind of equipment is on the rise. The US and most G7 countries have growing aging populations and they are also seeing increases in disabilities among younger age groups as obesity continues to rise. We believe that SIS is well-positioned to meet the growing demand for mobility equipment. In the United States, one out of every five adults has some kind of disability. The Center for Disease Control and Prevention published a research report stating that the most common functional disability is a mobility limitation. This is defined as having serious difficulty walking or climbing stairs. We believe that SIS is well-positioned to help with this crisis.