BRP declines to offer FY2021 expectations amid COVID-19

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BRP’s marine segment grew almost 19 percent in the fourth quarter, to 155 million Canadian dollars, and almost 14 percent for the fiscal year to nearly 560 million Canadian dollars.

The company is focusing on health and safety of its employees around the world, said BRP president and CEO José Boisjoli in a statement.

“In this current global uncertainty, we are proactively implementing measures to protect our financial flexibility and are monitoring closely the situation to assess its potential impact on our business. In this context, we will not issue a full-year guidance for FY21 at this time,” said Boisjoli.