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Tag Archives: BRP

BRP announces preliminary results of substantial issuer bid

BRP (TSX:DOO) announced the preliminary results of its substantial issuer bid, pursuant to which BRP offered to purchase for cancellation a number of its subordinate voting shares for an aggregate purchase price not to exceed $350 million. The SIB expired at 11:59 p.m. (Montreal time) yesterday, July 17. Based on the preliminary count by Computershare Trust Company of Canada, as depositary for the ...

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BRP’s Alain Villemure to retire

BRP's Alain Villemure will retire by the end of the year from his functions as vice president and general manager of the Marine Propulsion Systems division, based in Sturtevant, Wisconsin. Villemure first joined the company in 1995 and has held a variety of engineering and management positions. "Alain is a trusted senior executive at BRP. He had an instrumental role ...

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Evinrude unveils $5,999 iDock joystick piloting system

Evinrude has unveiled a new joystick piloting system for its E-TEC G2 engines that it believes will position the company to grow its market share both as an OEM and in the repower segment. With a MSRP of $5,999, the company’s new iDock joystick system comes to retail at less than half the cost of its nearest competitor. “Evinrude iDock ...

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Evinrude extends Run Fearless Sales event through July

BRP announced its eight-year, factory-backed extended service coverage on all Evinrude E-TEC and Evinrude E-TEC G2 engines has been extended through July 31. “Due to the success of the best offer in the industry and following intense requests from dealers and customers, we have extended our Run Fearless Sales Event through July,” said Olivier Pierini, Evinrude director of global marketing ...

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BRP board member retires

BRP (TSX:DOO) announce dthe departure of one of its board members, Mr. Carlos Mazzorin, who is retiring as a corporate director. He served on BRP's Board of Directors since 2004 and acted as a member of its Audit Committee and Investment & Risk Committee. "It is with mixed feelings that I congratulate Carlos on his retirement from his many commitments ...

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BRP welcomes new member to management team

BRP (TSX:DOO) welcomes a new member to its management committee following a reorganization of its product management structure. Effective immediately, Bernard Guy becomes senior vice-president, global product strategy. Reporting to José Boisjoli, president and CEO, Guy will lead product orientation for all BRP vehicles under the Ski-Doo, Lynx, Sea-Doo and Can-Am brands. "We continue to build on our strategic priorities ...

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BRP announces terms of $350,000,000 substantial issuer bid

BRP Inc. (TSX:DOO) announced the terms of its previously announced substantial issuer bid pursuant to which BRP will offer to purchase for cancellation a number of its subordinate voting shares for an aggregate purchase price not to exceed $350,000,000. The offer will proceed by way of a combination of a "modified Dutch auction" and a proportionate tender. Holders of shares ...

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BRP reports Q1 2018 results

BRP Inc. (TSX:DOO) reported its financial results for the three-month period ended April 30, 2017. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available at www.sedar.com, as well as in the Quarterly Reports section of BRP's website. Revenues increased by $26.3 million, or 2.8 percent, to $956.2 million for the three-month period ended April 30, 2017, compared ...

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Evinrude supports Earth Day events

BRP, a world leader in powersports, announced the Evinrude brand took part in Milwaukee Riverkeeper’s 22nd Annual Spring River Cleanup on Saturday, April 22. Joining over 4,000 volunteers picking up trash along the Milwaukee River Basin, 31 Evinrude employees walked the beaches while seven Evinrude E-TEC powered boats with 24 additional volunteers picked up trash in previously inaccessible parts of ...

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Outboard engine sales continue to surge on the strength of constant innovation

The growth in recreational boating over the past several years has been achieved in large part due to corresponding advances in outboard power. It’s impossible to walk through any consumer boat show these days and not be struck by the overwhelming prevalence of outboard engines. From lightweight portables to behemoth V8s, outboard engines continue to dominate sales figures not just ...

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