Companies

Tough Q1 for BRP as it exits the outboard engine business

IBI , by Craig Ritchie2020-05-28T15:26:00

BRP CEO José Boisjoli

Near 26% revenue decline in marine segment and over 40% drop in outboard sales leads BRP to discontinue production of Evinrude outboards and pursue new marine strategy including partnership with Mercury

BRP Inc released its 2021 first quarter results on Thursday morning on the heels of a bombshell announcement late Wednesday that it is exiting the outboard engine business and teaming up with…

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