BRP Reports Fiscal Year 2020 First Quarter Results and Authorization of Substantial Issuer Bid
BRP Inc. - Common Subordinate Voting Shares (DOOO)
Company Research
Source: GlobeNewswire
Highlights for the quarter vs Q1 FY19: Last March, BRP has been recognized with seven prestigious Red Dot Design Awards where seven products were favoured by the Jury, including the Can-Am Ryker. © BRP 2019 Revenues of $1,333.7 million, an increase of $197.0 million or 17.3%;Strong growth in all regions with revenues up 19% in the United States, 12% in Canada and 17% at International;Gross profit of $300.6 million representing 22.5% of revenues, an increase of $19.0 million;Net income of $23.8 million, an increase of $10.4 million, which resulted in diluted earnings per share of $0.25, an increase of $0.12 per share or 92.3%;Normalized net income [1] of $52.7 million, a decrease of $0.8 million, which resulted in normalized diluted earnings per share [1] of $0.54, an increase of $0.02 per share
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