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BRP Reports Fourth Quarter and Full-Year 2022 Results and Authorization of Substantial Issuer Bid

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Highlights for FY22 Q4

Revenues of $2,347.5 million, an increase of $532.4 million or 29.3% compared to same period last year;
Normalized diluted earnings per share [1] of $3.00, an increase of $1.18 per share, while diluted earnings per share of $2.50, a decrease of $0.45 per share compared to the same period last year;
Normalized EBITDA [1] of $416.4 million, an increase of $103.3 million or 33.0% compared to the same period last year.

Highlights for FY22

Revenues increased by 28.5% compared to last year, an all-time record high of $7,647.9 million;
Outperformed FY22 guidance with Normalized EBITDA [1] of $1,462.1 million representing an increase of 46.4% compared to last year and resulting in Normalized diluted earnings per share [1] of $9.92, an increase of $4.53 per share or 84.0%;
Market share gains in Snowmobile, SSV and PWC in North American Powersports;
Introduction of the Sea-Doo Switch, an all-new customizable modular pontoon offered at an attractive…

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