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UPDATE 1-Ski-Doo snowmobile maker BRP sees revenue rising 4-8 pct in 2017

BRP also said it expected normalized earnings per share to rise 2-8 percent to C $1.75- C $1.85 for the year ending January 2017. BRP, which has operations and clientele across the Americas and Europe, also reported a higher-than-expected adjusted profit for its fourth quarter ended Jan. 31. The Valcourt, Quebec- based company reported a net loss of C $28.7 million,...

Source: Reuters

Ski-Doo snowmobile maker BRP swings to loss on impairment charge

March 18- Canada's BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, swung to a quarterly loss, hurt by a C $70 million impairment charge on its outboard engine assets. Valcourt, Quebec- based BRP reported a net loss was C $28.7 million, or 25 Canadian cents per share, in the fourth quarter ended Jan. 31, compared with a profit of C $8.5 million, or 7 Canadian...

Source: Reuters