Revenues up 31% for BRP

Sea Doo, BRP

BRP has reported revenues up 31% to $3,076.3 million for the last quarter, a record performance for a single quarter in the company’s history.

However, revenues from the Marine segment decreased by $10.5 million, or 7.6%, to $128.5 million for the three-month period ended January 31, 2023, compared to $139.0 million for the same period in 2022.

The decrease was due to a lower volume of boats sold due to supply chain disruptions, which slowed down the introduction of new products, partially offset by favourable pricing in addition to a favourable mix of boats sold.

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