BRP announced on Friday that it has entered into an incremental $600 million term loan maturing in May 2027, further bolstering the company’s liquidity position. “We have always been diligent ...
Read More »Tag Archives: BRP
BRP announces 90-day warranty extension for all products
BRP has decided to make the current period a little more bearable by announcing a 90-day extension to all of its manufacturer limited warranty, expiring between March 15 and June ...
Read More »BRP implements temporary salary cuts in light of COVID-19
BRP has announced a series of additional measures in light of the COVID-19 pandemic. After slowing down and temporarily suspending manufacturing at all of its powersports and marine operations sites ...
Read More »BRP suspends all worldwide manufacturing operations
BRP has announced that, due to the rapid evolution of the COVID-19 situation, the company is temporarily suspending or slowing down all of its powersports and marine manufacturing operations around ...
Read More »BRP Q4 results conclude ‘record year’ for FY2020
BRP has reported its financial results for the three- and twelve-month periods ended January 31, 2020. All financial information is in Canadian dollars unless otherwise noted. “We concluded another record ...
Read More »BRP Q3 results show increased revenue for first three quarters
BRP Inc. has reported its financial results for the three- and nine-month periods ended October 31, 2019. All financial information is in Canadian dollars unless otherwise noted. The complete financial ...
Read More »Jury awards Arctic Cat $15.5 million in PWC patent-infringement lawsuit against BRP
News release A Florida jury sided with Hagens Berman client Arctic Cat, finding that the defendants willfully infringed two Arctic Cat patents and awarding damages of approximately $15.5 million. ...
Read More »121hp Can-Am Maverick X ds offers industry-first turbocharged engine
News release BRP adds the industry’s first factory-installed turbocharged side-by-side vehicle to its 2015 Can-Am off-road line-up, the Maverick X ds model. “BRP is once again taking the industry by ...
Read More »BRP revenues up 25 percent in fiscal 2015 Q2, net loss sliced
News release BRP reported its second quarter results for fiscal year 2015 on Friday. Highlights: Revenues of $780 million, a 25.6% increase compared to the same period last year; Normalized ...
Read More »Wells Fargo Securities begins coverage of BRP stock
Wells Fargo Securities has initiated coverage of BRP’s stock with an “outperform” rating, according to a research note provided to Powersports Business by Wells Fargo Securities analyst Tim Conder. “We ...
Read More »