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Savaria Q4 profit falls but sales increase to $17.4M from $14.3M

Wed, 03/30/2011 - 11:45am
The Associated Press

Savaria Corp. (TSX:SIS), a Montreal-area company which makes equipment for the disabled, reports its fourth quarter net profits fell to $515,000 from $816,000 in the same period a year earlier. Three-month sales'rose to $17.4 million from $14.3 million, a gain of 21 per cent, as the company benefited from acquisitions made in 2010.

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