{"id":3201,"date":"2013-09-16T21:44:11","date_gmt":"2013-09-16T21:44:11","guid":{"rendered":"http:\/\/azureblog.smallvehicleresource.com\/?p=3201"},"modified":"2013-09-16T21:44:11","modified_gmt":"2013-09-16T21:44:11","slug":"brp-earnings-call-highlights","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2013\/09\/16\/brp-earnings-call-highlights\/","title":{"rendered":"BRP Earnings Call Highlights &#8211; FY 2014 Q2"},"content":{"rendered":"<div id=\"attachment_3084\" style=\"width: 850px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/azureblog.smallvehicleresource.com\/wp-content\/uploads\/2013\/07\/01_medium_maverickxrs_1000r.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3084\" class=\"size-full wp-image-3084\" title=\"01_medium_maverickxrs_1000r\" src=\"http:\/\/azureblog.smallvehicleresource.com\/wp-content\/uploads\/2013\/07\/01_medium_maverickxrs_1000r.jpg\" alt=\"\" width=\"840\" height=\"525\" srcset=\"https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/07\/01_medium_maverickxrs_1000r.jpg 840w, https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/07\/01_medium_maverickxrs_1000r-300x187.jpg 300w, https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/07\/01_medium_maverickxrs_1000r-480x300.jpg 480w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><\/a><p id=\"caption-attachment-3084\" class=\"wp-caption-text\">The Can Am Maverick Side-by-Side helped drive quarterly sales growth for BRP<\/p><\/div>\n<p>BRP, manufacturer of Can Am side-by-sides and other products recently reported its financial results for the three and six-month periods ended July 31, 2013. What follows are some of the highlights with a focus on utility vehicles.<\/p>\n<ul>\n<li>Revenues excluding sport boat figures increased to $620.9 CAN compared to $583.1 for the same quarter last year<\/li>\n<li>Revenue for the quarter are up 6.5% in year over year comparison excluding sport boat sales.<\/li>\n<li>Growth, in part, was driven by sales of the Maverick side-by-side<\/li>\n<li>International sales up 14% with the off road vehicle segment which includes ATVs and side-by-sides up 35%<\/li>\n<li>Solid performance for side-by-sides in Europe, Australia and Latin America.<\/li>\n<li>35 to 40 new dealers in North America this year<\/li>\n<li>North America side-by-side industry grew mid double digit with BRP growing more than 30% in the 2013 season ending june 30 with a particularly strong 2nd quarter<\/li>\n<li>50% growth in ORV parts and accessories with good growth in Maverick parts and accessories sales<\/li>\n<li>White Mavericks proved more popular than yellow Mavericks resulting in a change in production<\/li>\n<li>Just started shipping the Maverick 4 seater which has received good comments and strong orders from dealers<\/li>\n<li>Of all their products which includes the Spyder, snowmobiles, personal watercraft, ATVs and side-by-sides the side-by-sides stand out as a strong driver with an overall market that is outpacing the other product categories<\/li>\n<li>Management remarked that although there have been a number of new product introductions in the UTV market, nothing is a game-changer and they believe their products are very competitive<\/li>\n<\/ul>\n<div><a title=\"BRP FY 2014 Q2 Earnings Call\" href=\"http:\/\/investors.brp.com\/phoenix.zhtml?c=251742&amp;p=irol-news&amp;nyo=0\" target=\"_blank\" rel=\"nofollow\">Learn more: ??BRP.com<\/a><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BRP, manufacturer of Can Am side-by-sides and other products recently reported its financial results for the three and six-month periods ended July 31, 2013. What follows are some of the highlights with a focus on utility vehicles. Revenues excluding sport &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2013\/09\/16\/brp-earnings-call-highlights\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,23,27],"tags":[210,228,388,1638,1039],"class_list":["post-3201","post","type-post","status-publish","format-standard","hentry","category-management","category-sales-figures","category-utility-vehicles","tag-brp","tag-can-am","tag-earnings-call","tag-maverick","tag-quarterly-report"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/3201"}],"collection":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/comments?post=3201"}],"version-history":[{"count":7,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/3201\/revisions"}],"predecessor-version":[{"id":3208,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/3201\/revisions\/3208"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=3201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=3201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=3201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}