BRP, the manufacturer of Ski-Doo, anticipates a $40 million effect from tariffs.
by Web Administrator
Apr 03, 2025 10:40
Bombardier Recreational Products (BRP), the maker of Ski-Doo snowmobiles, is preparing for the financial impact of tariffs amid rising steel and aluminum costs, anticipating a $40 million hit if current tariffs remain unchanged. CFO Sébastien Martel noted the dynamic nature of the situation, affecting their supply chain and operations across North America. Despite a 20% revenue decline in Q4, with a net loss of CA 44.5 million, Martel expressed concerns about trade volatility impacting customer demand and economic confidence, complicating future forecasts.