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BRP’s boat business powers ahead with supply chain chop controlled

Cons. Discr. - Autos 1037 Earnings 583 Mexico 787 Quote Watch 351 U.S. 4927

ATV maker BRP reported Q4’21 (to Jan. 31) revenue growth of 12.3% year over year including a 30% surge in North American powersports product sales. The firm expects total revenue growth of 25% to 30% in the coming year. While the firm “managed our volatile supply chain tightly to limit disruption and deliver on our plan”, according to CEO José Boisjoli, there has been significant volatility in the firm’s U.S. seaborne imports. Shipments linked to the firm jumped 106% higher in February after rising by a more modest 6.5% in the three months to Jan. 31. BRP’s new Mexican facilities should ...

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