VALCOURT, Que. BRP Inc. reported a profit of $244.4 million in its latest quarter compared with a loss a year ago and raised its financial guidance for the year. The maker of Ski-Doos and Sea-Doos says the profit amounted to $2.79 per diluted share for the quarter ended April 30 compared with a loss […]
BRP reports $244.4M Q1 profit, raises full-year financial guidance
BRP Inc. logo is shown in Valcourt, Que. in a 2012 file photo. THE CANADIAN PRESS/Graham Hughes. June 03, 2021 - 4:50 AM
VALCOURT, Que. - BRP Inc. reported a profit of $244.4 million in its latest quarter compared with a loss a year ago and raised its financial guidance for the year.
The maker of Ski-Doos and Sea-Doos says the profit amounted to $2.79 per diluted share for the quarter ended April 30 compared with a loss of $226.1 million or $2.58 per dilluted share a year ago when the pandemic began.
Revenue in what was the first quarter of the company s financial year totalled $1.81 billion, up from $1.23 billion in the same quarter last year.
BRP reports $244.4M Q1 profit, raises full-year guidance despite supply chain issues
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By The Canadian Press on June 3, 2021.
BRP Inc. logo is shown in Valcourt, Que. in a 2012 file photo. THE CANADIAN PRESS/Graham Hughes.
VALCOURT, Que. – Supply chain issues in the recreational vehicle industry are impacting BRP Inc.’s product delivery timelines, but the company says it’s still on track to deliver its target full year volume.
During its latest quarterly review on Thursday, the Valcourt, Que.-based company said it was facing tight availability for certain materials and parts, particularly semiconductors, meaning that some products will have to be retrofitted with the missing components before being shipped out.
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