After announcing last night that they will cease production of Evinrude E-TEC and E-TEC G2 outboard engines, BRP have today reported a $226M loss in the first quarter of this year.
The company that also manufactures Ski-Doo and Sea-Doo is expecting revenue in the second quarter to be down nearly 40 percent compared with last year.
The results came a day after BRP said it would cut 650 jobs (5% of its global workforce) and ended the Evinrude brand.
John raced Offshore UIM Class 3 in the 1980’s & 1990’s.
He served as the Cowes Torquay Cowes Event Director for 4 years, including running the 50 th Anniversary Event in 2010.
He has recently organised 4 British Offshore races under UKOPRA sanction.
He is the Editor of Powerboat Racing World.