BRP(DOOO)

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BRP and Bryton Marine Group Sign an Agreement for the Sale of Alumacraft
Prnewswire· 2025-04-01 17:00
"I am proud of the strong foundation we have built over the years for this iconic brand, and happy to have found the right buyer for Alumacraft. The family-owned Bryton Marine Group has been in business for decades and we believe that their core values and culture will enable Alumacraft employees to unlock the full potential of the business. We sincerely thank the employees for their dedication, and wish them the very best in this next journey," said José Boisjoli, President and CEO of BRP. Bryton Marine Gr ...
/R E P E A T -- BRP to Sell its Telwater Business to Yamaha Motor Australia/
Prnewswire· 2025-04-01 10:00
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS Certain information included in this release, including, but not limited to, statements relating to the completion of the sale of Telwater Pty, Ltd., the anticipated benefits associated with the completion of this sale, the receipt of all requisite approvals to complete the acquisition, the closing date of the acquisition and the Company's business and strategic plans, and other statements that are not historical facts, are "forward-looking statements" within th ...
BRP(DOOO) - 2025 Q4 - Earnings Call Transcript
2025-03-26 18:00
BRP Inc. (NASDAQ:DOOO) Q4 2025 Earnings Conference Call March 26, 2025 9:00 AM ET Company Participants Philippe Deschenes - Director of Investor Relations Jose Boisjoli - Chair, President and Chief Executive Officer Sebastien Martel - Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Joseph Altobello - Raymond James Craig Kennison - Baird Martin Landry - Stifel Robin Farley - UBS Sean Wagner - Citi Xian Siew - BNP Paribas Jonathan Goldman - Scotiabank Cameron Doerksen - ...
BRP(DOOO) - 2025 Q4 - Earnings Call Presentation
2025-03-26 15:41
FOURTH QUARTER ENDED JANUARY 31, 2025 QUARTERLY REVIEW Forward-Looking Statements Caution concerning forward-looking statements Certain statements included in this presentation, including, but not limited to Company's initial plan for normalized EPS for Fiscal 2026, its estimated financial impact of tariffs that are in effect to date, and its decision to defer providing guidance for Fiscal 2026 until the situation around potential tarriffs and changes to trade regulations further develops, , its current and ...
BRP PRESENTS ITS FOURTH QUARTER AND FULL-YEAR 2025 RESULTS
Prnewswire· 2025-03-26 10:00
Core Insights - BRP Inc. reported a significant decline in revenues and net income for the fiscal year 2025, primarily due to softer market demand and strategic inventory reduction efforts [3][4][5] Financial Performance - Revenues for Q4 FY25 were $2,097.6 million, a decrease of 19.7% compared to $2,611.5 million in Q4 FY24 [6][12] - For the twelve-month period ended January 31, 2025, total revenues decreased by 21.4% to $7,829.7 million from $9,963.0 million in the previous year [19] - The company experienced a net loss of $44.5 million in Q4 FY25, a decrease of 114.7% compared to a net income of $302.8 million in Q4 FY24 [7][17] - Normalized EBITDA for Q4 FY25 was $239.8 million, down 44.6% from $432.6 million in Q4 FY24 [16] Product Segments - Year-Round Products, which accounted for 54% of Q4 FY25 revenues, saw a revenue decrease of 17.4% to $1,127.1 million [12] - Seasonal Products, making up 32% of Q4 FY25 revenues, experienced a 28.9% decline to $677.6 million [12] - Revenues from PA&A and OEM Engines decreased slightly by 0.7% to $292.9 million [12] Market Dynamics - North American retail sales dropped by 21% in Q4 FY25, attributed to lower industry volumes in Snowmobiles and market share loss in Off-Road Vehicles [11][13] - The company proactively adjusted shipments to manage network inventory, resulting in short-term market share loss but protecting dealer network value [4] Strategic Outlook - The company has deferred providing financial guidance for FY26 due to ongoing global tariff disputes and economic uncertainty [3][5] - Long-term strategies focus on innovation and growth opportunities in the Powersports sector, supported by a strong dealer network and healthy balance sheet [5] Shareholder Returns - The company returned $277.0 million to shareholders through dividends and share repurchases during FY25 [25] - A quarterly dividend of $0.215 per share was declared, payable on April 18, 2025 [26]
/R E P E A T -- BRP TO PRESENT ITS FOURTH QUARTER AND FULL-YEAR RESULTS FOR FISCAL YEAR 2025/
Prnewswire· 2025-03-20 13:00
Company Overview - BRP Inc. is a global leader in powersports products, propulsion systems, and boats, with over 80 years of experience and a strong consumer focus [3] - The company has annual sales of CA$10.4 billion and operates in over 130 countries, employing nearly 20,000 people as of January 31, 2024 [3] Upcoming Financial Results - BRP Inc. will hold its fourth quarter and full-year FY25 financial results conference call on March 26, 2025, at 9 a.m. (EDT) [1] - The press release detailing the financial results will be distributed on March 26 at approximately 6 a.m. (EDT) [2] - José Boisjoli, President and CEO, and Sébastien Martel, CFO, will present the results and address analyst questions during the call [1][2]
BRP Recognized by Prestigious iF Design Award for Can-Am Pulse and Can-Am Origin Electric Motorcycles
Prnewswire· 2025-03-18 12:30
Core Insights - The Can-Am Pulse and Can-Am Origin have set a new standard in the two-wheel electric vehicle market, recognized by the iF Design Award for their innovation, functionality, and aesthetics [1][2] Company Overview - BRP Inc. is a global leader in powersports products with over 80 years of experience, generating annual sales of CA$10.4 billion and employing nearly 20,000 people as of January 31, 2024 [7] Product Features - The Can-Am Pulse is designed for agility and stability, appealing to both new and experienced riders, particularly those of smaller stature [5] - The Can-Am Origin is a dual-sport electric motorcycle that offers a stable and comfortable ride, catering to powersports enthusiasts and urban commuters alike [6] Technological Innovations - Both models feature a liquid-cooled power system that minimizes battery degradation, optimizing range and charge time, allowing for a 20% to 80% charge in just 50 minutes using Level 2 charging [4]
BRP TO PRESENT ITS FOURTH QUARTER AND FULL-YEAR RESULTS FOR FISCAL YEAR 2025
Prnewswire· 2025-03-06 14:00
Company Overview - BRP Inc. is a global leader in powersports products, propulsion systems, and boats, with over 80 years of experience and a strong consumer focus [3] - The company has annual sales of CA$10.4 billion and operates in over 130 countries, employing nearly 20,000 people as of January 31, 2024 [3] Upcoming Financial Results - BRP Inc. will hold its fourth quarter and full-year FY25 financial results conference call on March 26, 2025, at 9 a.m. (EDT) [1] - The press release detailing the financial results will be distributed on March 26 at approximately 6 a.m. (EDT) [2] - José Boisjoli, President and CEO, and Sébastien Martel, CFO, will present the results and address analyst questions during the call [1][2] Communication Details - Investors and analysts can join the call via a toll-free number in North America: 1 800 717 1738, using event code 55768 [2] - A webcast of the call will be available online, and an archived recording will be accessible for 30 days following the event [2]
BRP Celebrates Another Exceptional Year with 17 Design Awards in 2024
Prnewswire· 2025-02-17 14:00
Core Insights - BRP's design team has received recognition for their innovative products, showcasing a commitment to exceptional experiences in the powersports industry [1][6][10] Product Highlights - The Sea-Doo Spark has been recognized for its fun and accessible design, featuring improved comfort and sustainability through its lightweight and recyclable materials [1][7] - The Can-Am Maverick R combines race-inspired innovation with comfort and performance, featuring a driver-centric interior and a 10.25-inch digital touchscreen [2][9] - The Can-Am Outlander Pro is designed for durability and versatility, equipped with a powerful Rotax engine and modular design for customizable functionality [3][9] - The Ski-Doo Grand Touring Electric offers an emissions-free snowmobiling experience, appealing to both new and experienced riders [4][8] - The Sea-Doo Switch Cruise Limited enhances modularity and comfort with nearly 100 customizable options, designed for family outings [5] Awards and Recognition - BRP's 2024 lineup has received a total of 17 prestigious design honors, including five GOOD DESIGN Awards, highlighting the company's innovative approach [6][10] - The Sea-Doo Spark and Spark Trixx received accolades from multiple design awards, emphasizing their innovative features [7] - The Ski-Doo Grand Touring Electric and Lynx Adventure Electric have been recognized for their commitment to emissions-free exploration [8] - The Can-Am Maverick R and Outlander Pro have also received honors for their bold innovation and performance in diverse conditions [9] Company Overview - BRP Inc. is a global leader in powersports products with annual sales of CA$10.4 billion, employing nearly 20,000 people [11]
BRP and Tread Lightly! Launch The Responsible Rider Masterclass
Prnewswire· 2025-02-14 18:00
Core Insights - BRP Inc. and Tread Lightly! have launched the Responsible Rider Masterclass, a free online training series aimed at promoting safe and responsible riding within the global powersports community [1][2][3] Group 1: Program Details - The first module of the Responsible Rider Masterclass is available for snowmobilers, with plans for additional modules covering various outdoor activities in multiple languages [2][3] - The training series is designed to be interactive and entertaining, featuring powersports ambassadors [2] Group 2: Program Objectives - The Responsible Rider Masterclass is based on three pillars: riding etiquette, environmental stewardship, and safety [3] - The program aims to provide guidance for powersports enthusiasts to enjoy their activities sustainably for years to come [3] Group 3: Company Background - BRP Inc. is a global leader in powersports products, with annual sales of CA$10.4 billion and a workforce of nearly 20,000 employees [8] - The company is committed to responsible growth and is developing electric models for its product lines [8] Group 4: Tread Lightly! Overview - Tread Lightly! is a nonprofit organization focused on promoting responsible outdoor recreation through stewardship and ethics education [6] - The organization aims to balance outdoor recreation needs with environmental health through long-term educational initiatives [6]