Two of our best customers, the North American Polaris and BRP, are closing their outstanding exercises. Polaris has announced a sales’ increase on the second half of the year of 11% and with 1,124 million dollars. The Canadian BRP also reported a first quarter of great success, with a sales’ increase of 18% that means 898 million dollars.
“There are many positive connotations in our results. The demand for motorcycles, including Slingshot, remains exceptionally high. Our business in Pacific Asia and Latin America continues to grow and we are encouraged by the positive answer to the launch of Multix™ held last month in India” said Scott Wine, President and CEO of Polaris.
“The innovation remains the cornerstone of Polaris success” stated Mr. Wine, maximum responsible of brands such Indian, Victory and Slingshot, among others.
Joseph Boisjol, President and CEO of BRP explained: “Despite the headwinds of a situation of volatile currencies, the difficult market conditions in Russia and Latin America, our first quarter was slightly better than expected”.