Ski-Doo maker BRP reports $154.5-million first-quarter profit as revenue rises 34%

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BRP chief executive Jose Boisjoli says the company outpaced the North American powersports industry thanks to sustained consumer demand

The Ski-Doo and Sea-Doo maker says the profit amounted to $1.92 per diluted share for the quarter ended April 30, up from $1.46 per diluted share a year earlier.BRP says its normalized earnings amounted to a profit of $2.38 per diluted share, up from a normalized profit of $1.66 per diluted share a year ago.

Analysts on average had expected a normalized profit of $2.32 per share and $2.28-billion in revenue, based on estimates compiled by financial markets data firm Refinitiv.Checking box will enable automatic data updates.

 

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