Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1143 ET – BRP is setting new strategic targets through fiscal 2028 which will focus on capturing the full potential of its power sports offering. In a call to investors, CEO Jose Boisjoli says that the new plan, called M28, will focus on “winning on power sports” to grow the business over the next 30 months. This will have a strong international component, which it wants to bring revenue to C$2.5 billion, as well as reducing time-to-market efficiency by 20%. The executive also shared guidance for the plan, which is to grow total revenue and EPS by 7% and 33%, respectively, compounded annually. On a dollar value, this is target of C$9.5 billion in revenue and normalized EPS of C$8.00. “We have a solid foundation to grow and outpace the industry,” Boisjoli says. (adriano.marchese@wsj.com)