Please select your home edition
Edition
Cyclops Marine 2023 November - LEADERBOARD

BRP celebrates 20 years of adventures and innovation

by BRP 20 Dec 2023 23:25 PST
BRP celebrates 20 years of adventures and innovation © BRP

BRP marks an important milestone in its history by celebrating 20 years of adventure, innovation and growth. BRP's adventure began on December 18, 2003, when it was launched as a standalone company.

Its mission, which remains the same today, was to create new ways to move people and redefine powersports riding experiences so that they are measured by emotion rather than distance.

20 years of growth

BRP has experienced exceptional growth. In 20 years, the company has tripled its global market share, becoming the world's leading powersports original equipment manufacturer (OEM). It has grown from 7,500 to 23,000 employees in 26 countries. Revenues have more than quadrupled from A$2.7 billion (CAD 2.4 billion) to over A$11.2 billion (CAD 10 billion), and BRP now offers 8 diversified product lines covering all seasons and catering to the whole family, from pure adrenaline enthusiasts to weekend adventurers.

"I've had the privilege of being President and CEO of BRP since its founding. When Bombardier made the decision to sell its recreational products division 20 years ago, I told all the employees that this was our chance to prove to the world that we could succeed as a standalone company," said José Boisjoli, President and CEO of BRP. "Today, one out of every three powersports products sold in the world carries the BRP logo. We took bold risks to deliver the best experiences to our rider communities across all of our product lines."

BRP has established itself as an innovative company, challenging industry norms. From the Ski-Doo REV platform that transformed the snowmobile experience, to the Sea-Doo Spark that redefined entry-level personal watercraft, the side-by-side vehicles that challenged performance and racing standards, and the Can-Am Spyder and Ryker that shaped the three-wheel category, BRP has consistently pushed the boundaries of technology, design and of the riding experience.

The global expansion of BRP, which is still headquartered in Valcourt, Quebec, is not limited to its products. With a network of nearly 3,000 dealers worldwide, BRP now sells its products in 130 countries. The company has strengthened its ties with strategic partners and invested in communities around the world, from Valcourt, Quebec, to Finland, Mexico, and the United States. BRP's manufacturing footprint has grown from 7 to 14 sites worldwide.

"We grew together with BRP, we've been partnering for 16 years. People at BRP listen and truly try to make things better, and I think the dealer network is strong because of that," said John Kalogerou at Johnny K's Powersports. "The innovative products that they keep coming out are rejuvenating our industry and helping the business grow. It only keeps things exciting!"

Looking to the future

BRP remains focused on the future. The company is committed to reducing its carbon footprint, and invests heavily in new technologies, expertise and innovation. Furthermore, BRP wants to become the reference for electric recreational vehicles, and aims to have 50% of its units sold as electric by 2035. BRP is also exploring new markets - such as urban mobility - and intends to strengthen its position in the marine industry.

BRP celebrates two decades while remaining true to its core values: passion, drive, ingenuity and trust. Guided by adventure, the company continues to share unique experiences with the world while pursuing its commitment to inclusivity and fighting against intimidation.

"Behind these twenty years of growth are, above all, our people. They are people of heart, ingenuity and passion, who are ready to meet the challenges of our industry and eager to innovate. Our employees are the foundation of our culture, the one we call "yellow blood", after the color of Joseph-Armand Bombardier's first snowmobile. I would like to thank them sincerely," says José Boisjoli. "I would also like to express my gratitude to our dealers around the world. Their enthusiasm and commitment to our products have played a vital role in our worldwide success. Finally, I would like to thank our customers. They are at the heart of everything we do, and it is them who motivate us to keep pushing the boundaries of innovation."

For more information, visit www.brp.com/en/our-company/brp-20-campaign.html

Related Articles

BRP to present first quarter FY2025 results
Holding annual meeting of shareholders on May 31, 2024 BRP Inc. will hold its first quarter FY2025 financial results conference call on Friday, May 31, 2024, followed by its Annual Meeting of Shareholders ("the Meeting") conducted by live webcast. Posted on 10 May
BRP wins "Successful Business Strategy" award
The award was presented at the Gala Les Mercuriades ceremony BRP Inc. (TSX:DOO; NASDAQ:DOOO) is proud to have won the "Successful Business Strategy - Large Company" award at the 44th edition of the Mercuriades business competition organized by the Fédération des chambres de commerce du Québec (FCCQ). Posted on 8 May
BRP reports 4th quarter and full-year 2024 results
Revenues of $2691.8 million, a decrease of $384.5 million or 12.5% compared to same period last year BRP Inc. today reported its financial results for the three-month and twelve-month periods ended January 31, 2024. All financial information is in Canadian dollars unless otherwise noted. Posted on 29 Mar
BRP to present its Q4 results for fiscal year 2024
Holding its Q4 FY24 financial results conference call on March 28, 2024 BRP Inc. (TSX:DOO; NASDAQ:DOOO) will hold its fourth quarter FY24 financial results conference call on Thursday, March 28, 2024. Posted on 8 Mar
BRP closed out 2023 with a flurry of design awards
Continuing to stand out with its innovative and trend-setting designs BRP Inc., a global leader in the world of powersports products and boats, continues to stand out with its innovative and trend-setting designs with five Good Design USA awards, which celebrate and reward products with the most iconic contemporary designs. Posted on 28 Feb
BRP announces organizational structure changes
And related executive leadership appointments BRP Inc. announces today some changes to its Powersports and Marine organizational structures aiming at maximizing efficiencies and operational excellence, while leveraging its leaders' expertise to better position the Company for long-term growth. Posted on 18 Jan
BRP presents 3rd quarter results for 2024
Revenues of $2,467.8 million, a decrease of $241.5 million compared to the same period last year BRP Inc. (TSX:DOO; NASDAQ:DOOO) today reported its financial results for the three- and nine-month periods ended October 31, 2023. Posted on 1 Dec 2023
BRP to present its Q3 results for Fiscal Year 2024
Conference call on Thursday, November 30th, 2023 BRP Inc. (TSX:DOO; NASDAQ:DOOO) will hold its third quarter FY24 financial results conference call on Thursday, November 30th, 2023. Posted on 14 Nov 2023
BRP presents Q2 results for 2024
Revenues of $2,778.0 million, up 14% compared to the same period last year North American Powersports retail sales grew by 41% compared to the same period last year, once again outperforming the industry and achieving record highs in terms of market share for PWC, ATV and SSV. Posted on 8 Sep 2023
Revving up the waves
Sea-Doo and Manitou push innovation and rider experience BRP Inc. (TSX: DOO; NASDAQ: DOOO) continues to push the boundaries to create unforgettable memories on water, with the model year 2024 Sea-Doo and Manitou product lineups. Posted on 21 Aug 2023
North Sails Performance 2023 - FOOTER2024 fill-in (bottom)Maritimo 2023 S600 FOOTER