BC - Brunswick to report four segments from 1Q23

2023-04-10 06:25:05 ET

• Brunswick ( NYSE: BC ) has announced that effective 1Q23, the company will report in four segments instead of three segments.
• The four segments will be Propulsion, Engine Parts & Accessories, Navico Group and Boat, with previous Parts & Accessories reportable segment will now be split into Engine Parts & Accessories and Navico Group.
• The Navico Group segment now represents the organizational integration between the legacy Advanced Systems Group business with two key acquisitions that were completed in late 2021 - Navico and RELiON.
• The Engine Parts & Accessories segment consists of Mercury Marine and Quicksilver engine parts and consumables such as oils and lubricants, electrical products, boat parts and systems and the Company’s distribution businesses (Land ‘N’ Sea, BLA, and Lankhorst Taselaar).
• The company will announce Q1 results on April 27 at 10:00am CST before the market open.
• Source: Press Release

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