Brp reports fiscal year 2023 third quarter results

Highlights revenues of $2,709 million, up 71% compared to the same period last year, a record performance for a single quarter in the company's history; normalized ebitda [1] of $488 million, up 94% compared to the same period last year; retail sales up for powersports products by 43% compared to the same period last year, and market share gains for ssv in north america; normalized diluted eps [1][2] of $3.64, an increase of $2.16 per share or 146% and a record performance for a single quarter, and diluted eps of $1.76, an increase of $0.23 per share, or 15%, compared to the same period last year; acquisition of 80% of the outstanding shares of pinion gmbh, and the purchase of substantially all the assets related to the powersports business of kongsberg automotive asa in quebec, and increasing full-year guidance for revenues, normalized ebitda [1] and normalized eps – diluted [1] upward by $0.35, now ranging from $11.65 to $12.00 representing a growth of 17% to 21% compared to fiscal 2022. valcourt, qc , nov. 30, 2022 /prnewswire/ - brp inc. (tsx: doo) (nasdaq: dooo) today reported its financial results for the three- and nine-month periods ended october 31, 2022.
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