Home » Tag Archives: BRP

Tag Archives: BRP

BRP completes Telwater acquisition

BRP announced the completion of the previously-announced acquisition of 80% of the outstanding shares of Telwater Pty, Ltd ("Telwater"), Australia's leading manufacturer of aluminum boats and trailers. As BRP’s third boat acquisition, BRP says Telwater’s addition to the Marine Group is another step in helping create a strong offering and foundation to expand into new markets, with the objective of ...

Read More »

BRP reports Q1 FY 2020 results

BRP Inc. reported its financial results for the three-month period ended April 30, 2019. All financial information is in Canadian dollars unless otherwise noted. “We have experienced strong retail momentum in North America and Europe with all our sectors trending positively, and we are very satisfied with our year-over-year revenue growth of 17%, even while operating in a dynamic environment. ...

Read More »

BRP enters into agreement to acquire 80% of Australia’s leading manufacturer of aluminum boats

BRP announced it has entered into a definitive agreement to acquire 80% of the outstanding shares of Telwater, Australia's leading manufacturer of aluminum boats and trailers. Following the closing of the contemplated acquisition, Paul Phelan, Telwater's current owner and managing director, will continue to play an important role in the operations of the business and will hold 20% of the ...

Read More »

BRP Names José Boisjoli Chairman of the Board

BRP has announced that José Boisjoli will, in addition to his current roles of president and CEO and director, be appointed Chairman of the Board succeeding Laurent Beaudoin. Mr. Beaudoin, who has played a critical role in the development of BRP’s business since its creation in 1963, will be named Chairman Emeritus and will not stand for re-election. “It has ...

Read More »

BRP reports Q4, FY 2019 results

BRP Inc. (TSX:DOO; NASDAQ:DOOO)  reported its financial results for the three- and twelve-month periods ended Jan. 31, 2019.  The complete financial results are available in the Quarterly Reports section of BRP’s website. “Fiscal year 2019 was an incredible year for us, with annual sales of CA $5.2 billion and 37 percent growth of Normalized EPS. I’m extremely proud of the ...

Read More »

Evinrude launches new Nautilus engine gauges

Evinrude announced the launch of a new addition to its line of color engine displays – the Nautilus 3.5-inch Color display. Designed to complement the latest in vessel helm design, the new round Nautilus display, with a compact form factor, is ideal for use in smaller, modern dash configurations.    “Evinrude strives to lead the outboard industry in vessel integration, ...

Read More »

Evinrude to sponsor MLF Bass Pro Tour

Evinrude announced today that it has signed on as a sponsor of the new Major League Fishing (MLF) Bass Pro Tour and will be the title sponsor of the series’ Stages in 2019.   The partnership is especially fitting because it brings together an iconic name that originated 110 years ago with one of bass fishing’s hottest brands today in MLF. ...

Read More »

Boating Industry names Mark Schwabero Mover and Shaker of the Year

TAMPA, Fla. - Mark Schwabero, Chairman and CEO Brunswick Corp., has been named the 2018 Boating Industry Mover & Shaker of the Year. Boating Industry Editor-in-Chief Tim Hennagir presented Schwabero with the award during the IBEX Industry Breakfast Tuesday morning at the Tampa Waterside Marriott Hotel. “The 8th annual Movers & Shakers Awards recognizes leaders who haven't been afraid to take chances ...

Read More »

2018 Boating Industry Movers and Shakers

The 8th annual Movers & Shakers Awards recognize leaders who haven’t been afraid to take chances in rethinking the way they do business, while embracing the challenges facing the marine industry. These leaders are people whose initiative and drive shake up and better their companies and the entire industry. From product entrepreneurs to advocacy champions to leaders who continue to ...

Read More »

BRP unveils personal fishing watercraft for 2019

BRP has introduced a new, specialized Sea­Doo model purposely ­built for fishermen and women. The 2019 Sea­Doo Fish Pro is the first Personal Watercraft (PWC) built specifically from the factory for fishing, BRP stated in a news release “Recreational fishing is one of the top practiced activities in the world,” said Bernard Guy, BRP's senior vice­president, global product strategy. “And ...

Read More »