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BRP Inc. (T:DOO)

Business Focus: Recreational Products (NEC)

Sector:  Consumer Cyclicals Industry:  Recreational Products
 
Company Contact
Address: 726 Saint-Joseph St
VALCOURT QC J0E 2L0
Tel: N/A
Website: https://www.brp.com
IR: See website
Key People
Jose Boisjoli
Chairman of the Board, President, Chief Executive Officer
Anne-Marie Laberge
Chief Marketing Officer
Sebastien Martel
Chief Financial Officer
Sandy Scullion
President - Powersports Group
Anne Le Breton
Executive Vice President - People and Culture
Bernard Guy
President - Marine Group, Executive Vice President - Global Product Strategy
Josee Perreault
Executive Vice President - Omnichannel
Minh Thanh Tran
Executive Vice President - Corporate Strategy and LVHA Group
Thomas Uhr
Chief Technology Officer
Stephane Bilodeau
Chief Information Officer
   
Business Overview
BRP Inc. is engaged in the design, development, manufacturing, distribution and marketing of powersports vehicles and marine products. The Company's segments include Powersports and Marine. The Company's Powersports segment comprises Year-Round Products, which consists of all-terrain vehicles, side-by-side vehicles and three-wheeled vehicles; Seasonal Products, which consists of snowmobiles, personal watercraft and pontoons, and Powersports PA&A and OEM Engines which consists of parts, accessories and apparel (PA&A), engines for karts and recreational aircraft and other services. The Company's Marine segment consists of boats, pontoons, jet boats and outboard engines and related PA&A and other services. Its portfolio of products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems, as well as Rotax engines for karts and recreational aircrafts.
Financial Overview
For the nine months ended 31 October 2023, BRP Inc revenues increased 10% to C$7.68B. Net income increased 11% to C$554.9M. Revenues reflect Powersports segment increase of 11% to C$7.33B, United States segment increase of 11% to C$4.73B, Canada segment increase of 12% to C$1.21B. Net income benefited from Foreign Exchange Gain/Loss decrease of 28% to C$107.3M (expense), interest on commitment fees decrease of 68% to C$5.1M (expense).
Employees: 23,000 as of Jan 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $9,350M as of Oct 31, 2023
Annual revenue (TTM): $10,752M as of Oct 31, 2023
EBITDA (TTM): $1,812M as of Oct 31, 2023
Net annual income (TTM): $920.20M as of Oct 31, 2023
Free cash flow (TTM): $684.30M as of Oct 31, 2023
Net Debt Last Fiscal Year: $2,687M as of Oct 31, 2023
Shares outstanding: 77,127,897 as of Feb 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization