Sunday, June 2, 2013
Polaris Industries networks drive Q1 results
"We are pleased that consumers and enthusiasts from around the world continue to Polaris of the brand and the product of choice in the first quarter of 2013," said Polaris ' Chairman and Chief Executive Officer Scott wine company in a press release. "Even in the face of the challenging terrain of the cars and bikes 2012 comparisons, we were able to outpace the industry, and to increase the market share again in the commercial. The snowmobile business is also strong retail sales and market share growth in the first quarter. "
Controls access to the ORV sales
Polaris cash cow is still a side-by-side models. Polaris Ranger and RZR dubs of popular models "off-road vehicles", and ORV Division increased by 7% year-over-year. Polaris sales amounted to 541.3 million dollars for the ORV is 745.9 million u.s. dollars in total sales in Q1. It is made by the more impressive Q1 2012 was a banner year for Polaris side-by-sides, up to 20% of that season.
ATV sales are down, while the Polaris does not specify a percent decrease. It claims that, while their market share increased by a slight dip in the market has slumped as the General ATV compared to the rising 2012 Q1. Polaris claims grew up side-by-side market, market share, which already dominates. It estimates that the industry's sales have fallen in the single digits for the 2012 ATV ORV down double digits.
To capitalize on the success of the debut of the ORV Polaris will look to its BRUTUS a commercial utility vehicles. In cooperation with the developed product, Bobcat, BRUTUS in the side-by-side line is reminiscent of the popular Ranger UTV models – but offers a variety of visibility.
ORV future plan include, inter alia, the production facility in Hungary. The location of the improved Polaris ' ability to respond to the European internal market. Department sulphur in soil in Q2 will they completely reconstituted in 2014.
Motorcycle sales declined
On-road vehicle sales tallied $ 62.9 million in the quarter, compared with a 3% decline in 2012. Profit and Indian models continue to represent Road vehicle sales, as well as to Polaris ' electric car brand acquisitions – Pearl and Goupil.
Polaris mentions profit sales in Q1 as a symptom of a particularly strong quarter last year and a decline in the unseasonably warm weather driving service sales. The company claims that profit fell to Q1, "albeit smaller than the industry as a whole and lead to a further increase in market share."
The company touts its Novel Indian brand. Polaris revealed the new plant of the iconic American brand Thunder stroke 111.
As mentioned above, the gem and Goupil electric car brands in the Polaris claims to double the figure to increase in sales thanks to the improved distribution Q1.
PG & pay off
Polaris hauled in $ 127 million of its parts, clothing and accessories (PG &) title-more than double the road vehicle sales and a further 27 percent more year-over-year. The company credits the "whole of Government" double-digit growth in all sectors, increased snowfall this year, adding to the exceptional success of the snowmobile Polaris PG & a. benefited from additional stores in one of the latest acquisitions powersports apparel business KLIM.
Snowmobiles boom
In the first quarter, sales of $ 14.7 million, more than the snowmobiles with tripled last year's $ 4.6 million-217 percent. The North American home market sales of up to 20%, model news and late snowfall. The company attributes the spike to strong performances in key international markets in the Nordic countries and Russia.
