FR Logo BRP

2018 annual review

For the year ended January 31, 2018

The Drive to Outperform

Financial
highlights

Revenue base by category

at 31/01/18

40.8% YEAR-ROUND
PRODUCTS

34.8% SEASONAL
PRODUCTS

15.7% PARTS, ACCESSORIES
AND CLOTHING

8.7% PROPULSION
SYSTEMS

Revenue base by region

at 31/01/18

50.5% UNITED STATES

32.2% INTERNATIONAL

17.3% CANADA

Share Price

monthly closing price in CA$

Share price Share price
Share price

Total
revenues

CA$ millions,
at 31/01/18

CAGR* 9%

14

15

16

17

18

NORMALIZED
EBITDA1

CA$ millions,
at 31/01/18

CAGR* 10%

14

15

16

17

18

NORMALIZED EARNINGS
PER SHARE – DILUTED1

CA$,
at 31/01/18

CAGR* 12%

14

15

16

17

18

RESEARCH AND
DEVELOPMENT SPENDING

in CA$ millions +
as a % of revenues

14

15

16

17

18

1 See Non-IFRS measures here.
* Compound Annual Growth Rate since 31 January 2014

The Drive to Outperform

Letter to shareholders FOR FISCAL YEAR 2018 – José Boisjoli

I am very pleased with the strong financial results we delivered once again, featuring another year of record revenues, continuing our steady positive performance since we became a public company five years ago. We are now three years into our ambitious 2020 plan and remain focused on our strategic priorities of Growth, Agility and Lean enterprise to reach our target: the $6 billion mark and $3.50 diluted earnings per share by fiscal year 2021.

Read more +

Strategic
priorities


Growth

Accelerate growth

Create a strong pipeline 
of new growth
opportunities

agility

Implement a more flexible
supply chain to improve
CUSTOMER experience and reduce working capital

Lean Enterprise

Relentless pursuit of EPS improvement through organizational excellence and a lean mindset across BRP

Company
Overview

$4.5Bannual sales

4,200dealers who represent
our brands

100+countries where our
products are available

15number of social responsibility or health and safety awards received by BRP worldwide

10,000our resourceful employees worldwide

2number of years without a workplace accident in our Rovaniemi, Finland facility

2017 CEO
Of the year
PRIZE AWARDED TO JOSÉ BOISJOLI, PRESIDENT AND CEO, BY LES AFFAIRES MAGAZINE

Hall of fame
NMMA
Induction of Denys Lapointe, Senior Vice-President, Design, Innovation and Corporate Image, by the National Marine Manufacturers Association

CMO Marketing Innovation AwardPRIZE GIVEN TO
ANNE-MARIE LABERGE, SENIOR VICE-PRESIDENT, GLOBAL BRANDS AND COMMUNICATION, BY THE CMO CLUb

A global leader in motorised
vehicles and engines*

adventure
by design


Year-round
product

Year round - Sibe by side vehicles
Year round - All terrain vehicles
Year round - Three-wheel vehicles


Seasonal
products

Seasonal products - Snowmobiles
Seasonal products - PWCs


Propulsion
systems

Propulsion systems - Outboard engines (30 hp+)
Propulsion systems - world's largest piston aircraft engine manufacturer

Parts,
accessories and clothing (PAC)

Parts, accessories and clothing (PAC)
Parts, accessories and clothing (PAC)

* Numbers indicate global market position.
** Powersport segment.

Year-Round
Products

Can-Am Spyder vehicles

> Can-Am Spyder

#
2
Worldwide* * Powersport segment

Off-road vehicles – ATV

> Can-Am all-terrain vehicles

#
3
Worldwide

Off-road vehicles – SSV

> Can-Am side-by-side vehicles

#
3
Worldwide

Seasonal
products

Ski-doo and
Lynx snowmobiles

> Ski-doo and lynx

#
1
Worldwide

Sea-doo watercraft
 

> Sea-doo

#
1
Worldwide
SPARK
model has significantly contributed
to the industry growth since its
introduction in 2014

Propulsion
systems

> GLOBAL SALES AT JANUARY 31, 2018

394.7
CA$
Million

> GOING ELECTRIC

WE EXPANDED OUR RANGE OF ROTAX
INTERNAL COMBUSTION ENGINES TO
ELECTRIC POWERPACKS WITH THE NEW
ROTAX THUNDeR

Parts, accessories
and clothing

Parts, accessories and clothing (PAC)

> A SECOND RECORD YEAR IN A ROW

350+
New accessories
for 2018 model year

corporate social responsibility

FY2018
Highlights


  • Our Rovaniemi facility celebrated more than two years without a lost-time accident
  • Our Mexican facilities were recognized as Socially Responsible Companies by CEMEFI, the Mexican Center for Philanthropy
  • Our Sturtevant facility received the Green Master title from the Wisconsin Sustainable Business Council, in recognition of its sustainable initiatives
  • Our Valcourt site received the Distinction Award from the Healthy Companies Group (Groupe entreprises en santé), in the work environment category
  • Our Spruce Pine facility became the largest donor to its local Toys for Tots program

For the second year in a row, BRP’s CSR Report was recognized during the FSI Competition for Best Sustainability Reports as a runner-up in the Consumer Products category.