BRP Inc. cuts FY25 normalized EPS view to C$6.00-C$7.00 from C$7.25-C$8.25

Cuts FY25 revenue view to C$8.6B-C$8.9B from C$9.1B-C$9.5B. Cuts FY25 normalized EBITDA view to C$1.23B-C$1.33B from C$1.37B-C$1.47B. “As the year unfolds, our dealers’ profitability is under more pressure than anticipated given the current macroeconomic context, a more competitive landscape and high interest rates. For these reasons, we have decided to adjust our production to further reduce network inventory while continuing to maximize retail sales. Looking ahead, given our strong business fundamentals, we are confident in our long-term strategy, and committed to investing in the development of market-shaping products to remain the leading OEM (2) in the industry,” concluded Boisjoli.