BRP Inc. initiates sale process for Marine businesses

BRP Inc. announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater, and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems. In light of the challenging economic context, BRP has decided to channel its efforts and investments towards its Powersports Year-Round Products, Seasonal Products, Parts, Accessories and Apparel portfolio, as well as its Original Equipment Manufacturer Engine business. Given that BRP expects this process to be completed in the first quarter of FY26, it does not anticipate any impacts on its current FY25 guidance and will not provide comments on the progress of the process.