BRP

Indian Motorcycle Dealers Ranked Highest in 2024 Industry Study Measuring Response to Website Customers

Retrieved on: 
Monday, April 8, 2024

Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.

Key Points: 
  • Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.
  • “2024 is a much more challenging business environment for powersports dealers,” said Fran O’Hagan, Pied Piper’s CEO.
  • In contrast, dealerships which score below 40 fail to personally respond in any way to their website customers.
  • The 2024 Pied Piper PSI-ILE Study (U.S.A. Powersports) was conducted between May 2023 and February 2024 by submitting website inquiries directly to a sample of 3,718 dealerships nationwide representing all major powersports brands.

Synchrony Partners with BRP to Provide Retail Financing Options in the United States

Retrieved on: 
Monday, April 8, 2024

STAMFORD, Conn., April 8, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a new partnership with BRP US Inc., a global leader in powersports and marine products. Synchrony will now provide BRP's U.S. dealers with installment financing options on its line of powersports products.

Key Points: 
  • Synchrony will now provide BRP's U.S. dealers with installment financing options on its line of powersports products.
  • Synchrony will allow BRP dealers to offer secured installment loan products, which includes an online or in-dealership application process, as well as flexible financing terms up to 84 months.
  • "Our goal is to continuously provide more ways for consumers to own BRP products and create unforgettable experiences in the great outdoors," said Sandy Scullion, President, Powersports and Marine, at BRP.
  • "We are pleased to expand our consumers' retail financing options by welcoming Synchrony, who has a wide selection of proven financing options and a deep understanding of the powersports market."

BRP Group, Inc. to Report First Quarter 2024 Results on Tuesday, May 7, 2024

Retrieved on: 
Monday, April 1, 2024

BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, announced today that it will report its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024.

Key Points: 
  • BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, announced today that it will report its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024.
  • The Company will hold a conference call to discuss results at 5:00 PM ET on that day.
  • A live webcast of the conference call will also be available on BRP’s investor relations website at ir.baldwinriskpartners.com .
  • A webcast replay of the call will be available at ir.baldwinriskpartners.com for one year following the call.

Tiny, Micropower Hall-Effect Switches from Diodes Incorporated Deliver Compatibility with Low-Voltage Chipsets

Retrieved on: 
Thursday, March 21, 2024

Diodes Incorporated (Diodes) (Nasdaq: DIOD) introduces three new Hall-effect switches, the AH1899A/B/S , which operate from a low supply voltage and at extremely low quiescent current to extend battery lifetime in mobile and portable devices.

Key Points: 
  • Diodes Incorporated (Diodes) (Nasdaq: DIOD) introduces three new Hall-effect switches, the AH1899A/B/S , which operate from a low supply voltage and at extremely low quiescent current to extend battery lifetime in mobile and portable devices.
  • They are also designed for proximity detection in digital cameras and handheld gaming consoles, as well as general contactless switching.
  • These switches, with their supply-voltage range of 1.1V to 2.0V, seamlessly integrate with state-of-the-art application chipsets operating at 1.2V, ensuring ease of use.
  • The hibernating clocking system in these switches help maximize system energy savings to extend the runtime of battery-operated devices.

Millennial Specialty Insurance, LLC Announces Launch of its Multifamily Insurance Solutions into Canadian Market with Distribution Through Summit Commercial Solutions

Retrieved on: 
Tuesday, March 5, 2024

Leveraging a best-in-class technology platform, MSI provides simplified and streamlined rental insurance solutions, insuring more than one million residential rental units in the United States.

Key Points: 
  • Leveraging a best-in-class technology platform, MSI provides simplified and streamlined rental insurance solutions, insuring more than one million residential rental units in the United States.
  • “This is a significant milestone for MSI as we expand our operations internationally,” said Adam Falkauff, President, Multifamily Group at MSI.
  • “The demand for a more comprehensive, technology-focused, renters insurance solutions has become increasingly necessary in the Canadian residential rental market.
  • We look forward to being at the forefront of this venture.”
    Summit is a full-service Canadian commercial property & casualty insurance brokerage, serving more than 90% of Canada’s English-speaking population.

BRP Group, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the fourth quarter and full year ended December 31, 2023.
  • “Our team continues to develop and deliver innovative solutions for our Clients, and we made significant progress in the quarter in terms of our expense rationalization efforts.
  • Adjusted Net Income of $131.1 million, or $1.12 per fully diluted share
    BRP Group will host a webcast and conference call to discuss fourth quarter 2023 results today at 5:00 PM ET.
  • A live webcast and a slide presentation of the conference call will be available on BRP Group’s investor relations website at ir.baldwinriskpartners.com .

BRP Group, Inc. to Participate in the Raymond James Institutional Investor Conference

Retrieved on: 
Monday, February 26, 2024

BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that Trevor Baldwin, Chief Executive Officer, and Brad Hale, Chief Financial Officer, will be presenting at the Raymond James Institutional Investor Conference on Monday, March 4, 2024 at 11:35 am Eastern Time.

Key Points: 
  • BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that Trevor Baldwin, Chief Executive Officer, and Brad Hale, Chief Financial Officer, will be presenting at the Raymond James Institutional Investor Conference on Monday, March 4, 2024 at 11:35 am Eastern Time.
  • A link to the live webcast of the presentation will be accessible in the investor relations section of the Company’s website at ir.baldwinriskpartners.com .
  • A replay will be accessible on the website via the same link following the conference.

Corporación Inmobiliaria Vesta Reports Fourth Quarter 2023 Earnings Results

Retrieved on: 
Thursday, February 22, 2024

de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the fourth quarter ended December 31, 2023.

Key Points: 
  • de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the fourth quarter ended December 31, 2023.
  • Vesta delivered outstanding financial results for the full year 2023, achieving US$ 214.5 million in total income; a 20.5% year over year increase exceeding the upper range of its 19-20% revenue guidance for the full year 2023.
  • Vesta’s fourth quarter 2023 total portfolio occupancy reached 93.4%, while stabilized and same-store occupancy reached 96.7% and 97.0%, respectively.
  • During the fourth quarter, Vesta sold 8.5 hectares of land in Aguascalientes for US$ 5.1 million.

BRP CLOSED OUT 2023 WITH A FLURRY OF DESIGN AWARDS FROM GOOD DESIGN USA

Retrieved on: 
Tuesday, February 27, 2024

As we celebrate these achievements, we're inspired to continue pushing the boundaries of innovation and shaping the future of mobility," said Denys Lapointe, Chief Design Officer at BRP.

Key Points: 
  • As we celebrate these achievements, we're inspired to continue pushing the boundaries of innovation and shaping the future of mobility," said Denys Lapointe, Chief Design Officer at BRP.
  • For BRP's Design & Innovation team, 2023 was another stellar year as it collected 12 awards from prestigious design competitions around the globe.
  • In addition to the acclaim from Good Design USA, these last four products each collected a Red Dot award in the spring.
  • The Sea-Doo Explorer Pro has truly stood out among peers, having also garnered recognition from Good Design Japan and Good Design Australia, as well as the National Marine Manufacturers Association's Innovation Award (NMMA).

BRP ELEVATES WINTER EXPERIENCES WITH 2025 SNOWMOBILE LINEUP AND ADDS TWO MORE ELECTRIC POWERED MODELS

Retrieved on: 
Tuesday, February 20, 2024

From family fun, to winter explorers to hard core enthusiasts - there's a ride that fits for everyone.

Key Points: 
  • From family fun, to winter explorers to hard core enthusiasts - there's a ride that fits for everyone.
  • This year, BRP also adds two new electric models available to more commercial users such as ski centers and recreational resorts, as well as consumers to play around their cabin.
  • In 2025, BRP is very pleased to offer two new electric models, the Ski-Doo Expedition Electric and another Lynx Adventure Electric, designed for more multi-use applications.
  • The Ski-Doo Grand Touring Electric, Expedition Electric and Lynx Adventure Electric* allow riders to discover the spectacular winter landscape and enjoy the outdoors like never before!