BRP declines to offer FY2021 expectations amid COVID-19
March 20, 2020
Marine was up for the fourth quarter and for the fiscal year.
Marine was up for the fourth quarter and for the fiscal year.
But North American outboard sales fell by “mid-teen” percentage points, according to the company.
BRP’s five-year plan includes a new type of Evinrude propulsion called Project Ghost, which disappears beneath the transom.
Its XPS brand has 20 new lubricants and 21 other products for marine applications.
Declines in outboard sales were mostly offset by revenues from boat-company acquisitions.
After closing the Telwater deal, Jose Boisjoli says BRP has no plans to acquire other boat brands.
The Australian boatbuilder is the third company to join BRP’s Marine Group.
The addition of Alumacraft and Triton raised quarterly revenues, though a decline in outboard sales offset the increases.
Tracy Crocker says that acquisitions are just the beginning.
Marine was up for the fourth quarter and for the fiscal year.
But North American outboard sales fell by “mid-teen” percentage points, according to the company.
BRP’s five-year plan includes a new type of Evinrude propulsion called Project Ghost, which disappears beneath the transom.
Its XPS brand has 20 new lubricants and 21 other products for marine applications.
Declines in outboard sales were mostly offset by revenues from boat-company acquisitions.
After closing the Telwater deal, Jose Boisjoli says BRP has no plans to acquire other boat brands.
The Australian boatbuilder is the third company to join BRP’s Marine Group.
Sea-Doo’s Fish Pro upgrade package is honored.
The addition of Alumacraft and Triton raised quarterly revenues, though a decline in outboard sales offset the increases.
Tracy Crocker says that acquisitions are just the beginning.
