BRP

The company debuted Rotax outboards, new Manitou and Alumacraft models and an electric hydrofoil board.

The company still expects a solid year and boosts its forecast for revenue in the marine segment

The company said it created multiple new leadership positions as its revenue and workforce grow and its product lines become more complex.

The pontoon builder is increasing manufacturing capacity in Lansing, Mich., and adding manufacturing and warehouse space in St. Johns, Mich.

Bombardier Recreational Products saw revenue jump 28 percent to $4.2 billion for the year, but dipping in its fiscal Q3 due to supply chain constraints.

BRP delivers a record Q2, seeing revenue jump by 54 percent.

Bombardier saw demand in all segments, with boat sales up 71 percent in North America. Gross profit, revenue and net income all saw impressive gains.

A five-year plan by the Canada-based manufacturer looks to integrate e-power across its portfolio of powersports products.

While the North American market saw solid gains in the powersports segment, pandemic-related shutdowns and the retirement of Evinrude had a big impact on revenue.

The company is touting it as “the first-ever ‘boatplay’ experience.

Dubbed Uncharted Society, the program pairs BRP’s powersports vehicles with outfitters for trips on land and water.

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.

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.

Evinrude parent to buy 80 percent of Telwater, with current owner staying on as minority shareholder.

Laurent Beaudoin will step down and become Chairman Emeritus.

Management stresses that marine plan is a “mid- to long-range strategy.”