Brp Inc (TSE:DOO) has released an update.
BRP Inc. has reported a decrease in fourth-quarter revenues and net income by 12.5% and 48.5% respectively, while still achieving a full-year revenue record for FY24 and a 17% dividend increase. Despite a challenging quarter, the company saw Powersports market share growth and is planning to launch new electric motorcycles in the coming year. For FY25, BRP anticipates revenues between $9.1 billion and $9.5 billion, with normalized diluted earnings per share expected to range from $7.25 to $8.25.
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