Polaris

Polaris Acquires Hammerhead Off-Road Vehicles Business

Expertise in Light Utility Vehicles and Go-Karts Complements Polaris’ Existing Product Portfolio
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MINNEAPOLIS (February 18, 2015) —Polaris Industries Inc. (NYSE: PII) today announced it has signed an agreement to acquire HH Investment Limited (”Hammerhead”).  Hammerhead manufactures gasoline powered go-karts, light utility vehicles, and electric utility vehicles in Shanghai, China.  The Company markets its products globally under the Hammerhead Offroad® brand, along with maintaining key private label relationships with other OEMs.  The transaction is expected to close within the next 90 days.  The terms of the pending transaction were not disclosed. 

Polaris Takes the “Plunge” in a Big Way

Company was No.1 fundraiser for all Large Minnesota Corporations at the White Bear Lake Plunge
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Minneapolis, February 13, 2015 – Polaris® Industries Inc. (NYSE: PII) today announced the company, through its employees and matched by The Polaris Foundation, raised almost $30,000 for Special Olympics Minnesota. The company also donated two snowmobiles which will be offered at raffle by the organization. “Polaris is proud to lead the way in fundraising efforts for the Special Olympics Minnesota’s Polar Plunge,” said Scott Wine, Polaris Chairman and Chief Executive Officer. “This organization provides wonderful programs for more than 8,100 Special Olympic Minnesota athletes and I’m pleased our employees embraced the cause in such a big way.”  

RZRs Fill the SxS Pro Podium at WORCS Round 2

Ronnie Anderson steers his Polaris ACE to first place in single seat class
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Minneapolis, Feb. 10, 2015-WORCS Round 2 at Buffalo Bills, in Primm, Nevada, would see Polaris RZRs sweep the SxS Pro Podium with David Haagsma taking the checkered flag in his Polaris RZR and Polaris Factory Racers Mitch Guthrie Jr. and Beau Baron taking second and third. Guthrie Jr., fresh off the win as a co-pilot at King of the Hammers (KOH), would change the tires on the KOH car and use it to race the WORCS SxS Unlimited Class. He would take second in the class showing the durability and versatility of the RZR XP 1000 EPS. He’d also take second with his WORCS RZR XP 1000 EPS in the Pro class.

Mitch Guthrie Wins Sixth King of the Hammers

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Minneapolis, Feb 6, 2015– The King of the Hammers (KOH) is known as the toughest off-road race in the world but Polaris Factory Racer Mitch Guthrie and his co-driver Mitch Guthrie Jr. are tougher winning their sixth Hammer in seven years, all in Polaris RZRs. Thirty-four Pro Class side-by-sides, predominately RZRs, would line up to try to take the Hammer and a brand-new 2015 RZR XP 1000 EPS, which was offered to the Pro Class winner as part of Polaris RZRbeing the official side-by-side of the race. This year’s course was the toughest one yet where the drivers would have to overcome some of the most difficult terrain in the world, such as the Wrecking Ball, Clawhammer, Jackhammer and Chocolate Thunder.

Polaris Announces 2015 Off-Road Race Teams, Contingency, Reimbursement Program and Racer Discounts

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Minneapolis, February 5, 2015 –Polaris comes into the 2015 off-road race season with teams competing in the Grand National Cross Country series (GNCC), World Off-Road Championship series (WORCS), Best in the Desert (BITD), SCORE International, Lucas Off-Road Regional Racing Series (LORRS), King of the Hammers (KOH) and Mud racing. The company has expanded its race team once again for 2015 in RZR racing and will continue to field a Scrambler race team in GNCC. Polaris will continue to offer their ATV and Side-by-Side contingency and reimbursement program and has added a racer discount program for experienced racers on select models, including the Polaris ACE which a few racing series have added for the 2015 racing season.

Polaris Announces Second Camp RZR in the United Arab Emirates

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Minneapolis, January 30, 2015 – Polaris® Industries Inc., (NYSE: PII), the leading manufacturer of off-road vehicles, is set to show off its RZR vehicles for the second year in a row, in the United Arab Emirates. Camp RZR UAE will take place February 5-7, 2015 in Dubai, UAE.

RZRs Fill the Podium at San Felipe 250

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Minneapolis, January 29, 2015 - SCORE International’s San Felipe 250 is the first race of the 2015 SCORE racing season and 14 UTVs, 10 being RZRs, would line up to take the checkered flag.Scott McFarland, in a Polaris RZR would take the win with Polaris Factory Racers Johnny Angal finishing second in his Baja 1000-winning, No. 1921 UTV Inc. RZR XP 4 1000, and Matt Parks in his Jagged X No. 1932 RZR finishing third. RZRs finished the day not only filling the podium but with the top four positions in the class.“It was a great start to the season for RZR,” said Donna Beadle, Polaris Race Team Manager. “Each year becomes more and more competitive in the UTV class and we look forward to another exciting year of desert racing.”

Polaris Reports Record 2014 Fourth Quarter and Full Year Results

Fourth Quarter EPS Increased 27% on Sales Growth of 18%; Full Year 2014 EPS from continuing operations Increased 23% on Sales Growth of 19%
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MINNEAPOLIS, MN – January 27, 2015 – (Motor Sports Newswire) – Polaris Industries Inc. (NYSE: PII) reported record fourth quarter net income of $1.98 per diluted share for the quarter ended December 31, 2014, an increase of 27 percent compared to the prior year’s fourth quarter net income of $1.56 per diluted share. Net income was $135.4 million for the fourth quarter of 2014, up 25 percent from the previous fourth quarter’s net income of $108.7 million. Sales for the fourth quarter of 2014 totaled a record $1,275.0 million, an increase of 18 percent over last year’s fourth quarter sales of $1,083.7 million.For the full year ended December 31, 2014, Polaris reported record net income from continuing operations of $6.65 per diluted share, a 23 percent increase compared to net income from continuing operations of $5.40 per diluted share for the year ended December 31, 2013. Net income from continuing operations was $454.0 million for the full year 2014, up 19 percent from the previous year’s net income from continuing operations of $381.1 million. Sales for the full year 2014 totaled a record $4,479.6 million, an increase of 19 percent compared to sales of $3,777.1 million for the full year 2013.

RZRs Fill the Podium in WORCS Round 1

RJ Anderson takes win in SxS Pro Class
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Minneapolis, January 22, 2015- Honolulu Hills Park, in Taft, Calif., would kick off the WORCS Racing Season for 2015 and Polaris Factory Racers would be back on the podium. Polaris Factory Racer RJ Anderson in his new No. 37 Holz/Walker Evans/Polaris RZR XP 1000 would start in the first row, get the holeshot and never look back taking the SxS Pro Class. Second would go to David Haagsma in a RZR and third to Polaris Factory Racer Ryan Piplic in his new Nelson & Nelson RZR XP 1000. Defending WORCS Champion Beau Baron in his new Holz/Maxxis/Polaris RZR XP 1000 would work his way up to second but would need to change a belt during the race which had him finish in sixth. Mitch Guthrie Jr., who was running right behind Anderson for part of the race, would have a mechanical issue in the Pro SxS Class, but also would run the SxS 1000 Stock class and take first. 

Xtremeplus’ Willy Alcaraz Wins Fourth Dakar in Polaris RZR XP 1000

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Minneapolis, Jan. 19, 2015–Xtremplus’ Willy Alcaraz made it an unprecedented fourth time he’d win the Dakar and the third time riding solo, this time in a RZR XP 1000. This year’s Dakar Rally was 9,000 Kilometers, spanning three countries with 140 competitors taking on some of the toughest geography offered in an off-road race. Alcaraz, similar to the bike riders, would run the race without a windshield and faced the heat, cold, rain, hail, salt, temperatures below zero, altitude and at the end of the race, a storm and mud. He would not only take his class but also finish in 46th place out of the 67 remaining cars in the car category. “I am exhausted! This Dakar was hard until the very end, but I am happy to get the fourth victory in T3 and the third in Solo,” said Alcaraz. “At the end, in spite of the bad weather, I was able to manage my distance and make it to the end. The Polaris RZR XP 1000 is a well-made machine that has been magnified by the preparation of one of the most professional workshops in Pont de Vaux. I want to thank Nico, Manu, Thierry, Francis, Sylvain, Alexis, you guys do an extraordinary work every night to make the RZR as new, and in a very friendly environment and good humor which makes me feel better when I get to the bivouac every evening. Also, I want to thank Marco Piana, Norberto Cangani and Steven Griener in the T4 truck (race truck), because we know that in case of a problem, they are not very far.”

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