Brp Inc (TSE:DOO) has released an update.
BRP Inc. reported a mix of financial results for FY24, with a record annual revenue of $10.37 billion, up 3.3% from the previous year, despite a decrease in Q4 revenues and net income by 12.5% and 48.5%, respectively. The company also saw a year-over-year decrease in normalized EBITDA and diluted earnings per share for Q4. Looking forward, BRP aims to continue its Powersports market share growth and anticipates revenues between $9.1 billion and $9.5 billion with normalized diluted earnings per share in the range of $7.25 to $8.25 for FY25.
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