BRP reports fourth-quarter and fiscal year 2016 results

Highlights:
Revenues of $3,829.2 million for FY2016, an 8.6% increase compared to FY2015;
Normalized EBITDA[1] of $460.0 million, a 9.2% increase compared to the same period last year;
Normalized net income[1] of $200.8 million resulting in a normalized diluted earnings per share[1] of $1.71;
Net income of $51.6 million, a decrease of $18.5 millioncompared to the same period last year;
Non-cash impairment charge of $45.1 million, net of income taxes, related to its outboard engine assets; and
Reaffirmed our leadership in the snowmobile market with the launch of a new Ski‑Doo platform.
 
VALCOURT, QC, March 18, 2016  - BRP Inc. (TSX:DOO.TO - News) today reported its financial results for the three- and twelve-month periods ended January 31, 2016. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available atwww.sedar.com.
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Announces Fourth Quarter and Full Year 2015 Financial Results

  • Q4 Revenue increased 69% to $31.4 million vs. $18.6 million in the prior year quarter
  • Q4 Adjusted EBITDA increased 56% to $17.3 million vs. $11.1 million in the prior year quarter
  • Full Year Revenue increased 111% to $88.3 million vs. $41.8 million in the prior year
  • Full Year Adjusted EBITDA increased 122% to $53.4 million vs. $24.0 million in the prior year

NEW YORK, Feb. 24, 2016  -- Sequential Brands Group, Inc. ("Sequential" or the "Company") (SQBG) today announced financial results for the fourth quarter and full year ended December 31, 2015.

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The Female Health Company Reports Fiscal 2016 First Quarter Operating Results

Highlights: 

  • Unit sales increased 27% to 15.4 million from 12.2 million in the prior-year period.
  • Net revenues increased 24% to $8.2 million from $6.7 million in the prior-year period.
  • Gross profit up 41% to $5.4 million or 66% of net revenues, from $3.8 million, or 57% of net revenues, in the prior-year period.
  • Operating income improves 65% to $2.4 million for a 29% operating margin.
  • Diluted EPS up 67% to $0.05 per share from $0.03 per share in prior-year period.
  • $10 million Line of Credit signed with BMO Harris Bank.
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Feronia Secures $49M Term Facility for Palm Oil Operations

TORONTO, ONTARIO--(Dec 22, 2015) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to announce that its palm oil subsidiary, Plantations et Huileries du Congo SA ("PHC"), has entered into a secured term facility agreement (the "Facility") for up to $49 million with a syndicate of European lenders consisting of four Development Finance Institutions ("DFIs"). All amounts in this press release are expressed in US dollars unless otherwise indicated.

The financing allows the DFIs to contribute to the development of poor rural areas through supporting the private sector; an important engine for employment and income in developing nations such as the DRC.

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Vera Bradley Announces Fiscal Third Quarter 2016 Results

Third quarter net revenues from continuing operations increased 1.2% to $126.7 million
Third quarter income from continuing operations totaled $10.3 million, or $0.27 per diluted share, exceeding $0.21 in the prior year and guidance of $0.19 to $0.21 per diluted share

FORT WAYNE, Ind., Dec. 9, 2015  -- Vera Bradley, Inc. ( VRA ) ("Vera Bradley" or the "Company") today announced its financial results for the fiscal third quarter and nine months ended October 31, 2015.

Summary of Financial Performance for the Third Quarter

Net revenues from continuing operations totaled $126.7 million for the third quarter ended October 31, 2015, compared to $125.2 million for the third quarter ended November 1, 2014, an increase of 1.2%.

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