BRP Reports Fiscal Year 2022 First Quarter Results
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Solid retail performance in North America with Powersports retail sales up 39%, compared to the same period last year
Revenues of $1,809 million, up 47% compared to the same period last year
Net income of $244 million, or diluted earnings per share of $2.79
Normalized diluted EPS
Tripled Normalized EBITDA
[1] to $379 million, compared to the same period last year
Net debt reimbursement of approximately US$300 million and returned $289 million to shareholders through regular dividend and share repurchases
Annual guidance increased with Normalized EPS growth of 44% to 58% ($7.75 to $8.50) compared to last year