In the first quarter of 2005 the new BRP (Ski-Doo, Sea-Doo, ATV, Johnson/Evinrude, Rotax) increased its gross profit by 28% to $115.3 million on sales of $594.0 million. The same period a year earlier recorded a gross profit of $90.2 million.
Looking at BRP’s financial performance since becoming a stand alone recreational powersports manufacturer, it would appear things are going well in spite of a strengthening Canadian to US dollar ratio – the only issue having a negative impact on results thus far.