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BRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia

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BRP (TSX: DOO; NASDAQ: DOO) acknowledged the Australian Competition and Consumer Commission's decision to oppose the proposed sale of Telwater to Yamaha Motor Australia on Dec. 18, 2025. BRP said it remains the owner of Telwater, will continue to operate the business, and described Telwater as profitable.

BRP indicated it is evaluating options following the ACCC decision and confirmed the outcome will have no impact on its Fiscal Year 2026 financial guidance.

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Positive

  • Telwater described as a profitable business
  • No impact on Fiscal Year 2026 guidance

Negative

  • ACCC formally opposed the proposed sale of Telwater to Yamaha Motor Australia
  • Transaction halted, creating strategic uncertainty while BRP evaluates options

News Market Reaction – DOO

-5.60%
8 alerts
-5.60% Session close to close
$5.32B Market Cap
1.0x Rel. Volume

In the Dec 18 session, DOO declined 5.60%, reflecting a notable negative market reaction. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.6% in the session following this news. A negative reaction despite guidance being...
Analysis

The stock moved -5.6% in the session following this news. A negative reaction despite guidance being reaffirmed for Fiscal Year 2026 could reflect concern about regulatory risk and reduced strategic flexibility after the ACCC opposed the Telwater sale. With only one recent prior event, a CEO transition that led to a -2.29% move, there is limited evidence of a stable pattern. Future updates on Telwater and any revised strategic options could influence how durable such a reaction proves.

Key Figures

Announcement date: Dec. 18, 2025 Guidance period: Fiscal Year 2026
2 metrics
Announcement date Dec. 18, 2025 ACCC decision on Telwater sale disclosed
Guidance period Fiscal Year 2026 Company states Telwater outcome has no impact on guidance

Historical Context

1 past event · Latest: Dec 16 (Neutral)
Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Dec 16 Management change Neutral -2.3% CEO transition and board leadership changes effective February 1, 2026.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Limited history: the last CEO transition headline saw a modest negative price reaction, offering little evidence of a consistent news-reaction pattern so far.

Recent Company History

In the past week, BRP reported a leadership transition, announcing Denis Le Vot as President and CEO effective February 1, 2026, with related board changes. That management news on December 16, 2025 saw a -2.29% price reaction. Today’s announcement concerns the ACCC opposing the Telwater sale, with BRP emphasizing Telwater’s profitability and confirming no impact on its Fiscal Year 2026 financial guidance, indicating limited direct financial disruption based on current statements.

Key Terms

forward-looking statements
1 terms
forward-looking statements regulatory
"Certain statements included in this press release... constitute "forward-looking statements"..."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VALCOURT, QC and BRISBANE, Australia, Dec. 18, 2025 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOO) acknowledges the Australian Competition and Consumer Commission's (ACCC) decision to oppose the proposed sale of Telwater Pty, Ltd. (Telwater) to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.

BRP is considering the ACCC's decision and will be evaluating all available options to determine the best path forward.

In light of the ACCC's decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands. Given the size of Telwater's business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS 

Certain statements included in this press release, including statements relating to BRP's consideration of the ACCC's decision and its evaluation of the available options, Telwater's profitability, BRP's intention to continue to operate Telwater's business and BRP's Fiscal Year 2026 guidance, constitute "forward-looking statements" within the meaning of applicable securities laws. The words "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes" "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements. Forward-looking statements, by their nature, involve inherent risks and uncertainties and are based on a number of assumptions, and are subject to important risks and uncertainties, both general and specific, made by BRP in light of its experience and perception of historical trends. Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Forward-looking statements are subject to numerous factors, many of which are beyond BRP's control, including the risk factors disclosed previously and from time to time in BRP's filings with the securities regulatory authorities in each of the provinces and territories of Canada and the United States, available on SEDAR+ at sedarplus.com or EDGAR at sec.gov, respectively. The forward-looking statements contained in this press release are made as of the date of the press release (or as of the date they are otherwise stated to be made), and are subject to change after such date and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities regulations.

About BRP
BRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025.

www.brp.com
@BRPNews

Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Quintrex and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/brp-acknowledges-accc-decision-on-the-sale-of-its-telwater-business-to-yamaha-motor-australia-302645827.html

SOURCE BRP Inc.

FAQ

What did BRP announce about the Telwater sale on Dec 18, 2025 for DOO?

BRP acknowledged the ACCC opposed the proposed sale of Telwater to Yamaha Motor Australia and said it is evaluating options.

Will the ACCC decision affect BRP's Fiscal Year 2026 guidance for DOO?

BRP confirmed the ACCC decision will have no impact on Fiscal Year 2026 financial guidance.

Does BRP still own Telwater after the ACCC decision for DOO?

Yes; BRP remains the owner of Telwater and will continue to operate the business.

Did BRP say whether Telwater is profitable in the Dec 18, 2025 announcement for DOO?

Yes; BRP described Telwater as a profitable business in the announcement.

What immediate steps will BRP take after the ACCC opposed the Telwater sale (DOO)?

BRP said it will consider the ACCC decision and evaluate all available options to determine the best path forward.

Was the buyer Yamaha Motor Australia named in BRP's Dec 18, 2025 notice for DOO?

Yes; the proposed buyer named was Yamaha Motor Australia, a subsidiary of Yamaha Motor Co., Ltd.