Question · Q3 2026
Ellie Latt followed up on the potential sale to Yamaha, asking about the intended use of the CAD 200 million proceeds and the total debt level at the end of the quarter. She also sought clarification on BRP's long-term guidance for leverage.
Answer
CFO Sébastien Martel reiterated BRP's capital deployment priorities: investing in the business, modestly increasing dividends, and returning capital to shareholders via buybacks when shares trade below implied value. He stated that BRP's capital structure is adequate, with total debt standing at $1.7 billion at the end of the quarter, and overall leverage is comfortable, with no immediate need to reduce the overall debt level. Mr. Martel confirmed that BRP's long-term leverage target is 1.5 to 2 times net debt to EBITDA.
Ask follow-up questions
Fintool can predict
DOOO's earnings beat/miss a week before the call