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NFI Group Inc (NFI.TO)

NFI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

New Flyer Of America Says Trinity Metro Has Awarded New Flyer Contract For Four Heavy-Duty Battery-Electric Buses
Thursday, 11 Jul 2019 

July 11 (Reuters) - NFI Group Inc ::NEW FLYER OF AMERICA - TRINITY METRO HAS AWARDED NEW FLYER A CONTRACT FOR FOUR HEAVY-DUTY, THIRTY-FIVE-FOOT XCELSIOR CHARGE BATTERY-ELECTRIC BUSES..  Full Article

NJ TRANSIT Approves 183 Commuter Coach Order from MCI on Existing Six-Year Contract
Friday, 21 Jun 2019 

June 21 (Reuters) - NFI Group Inc ::NJ TRANSIT APPROVES 183 COMMUTER COACH ORDER FROM MCI ON EXISTING SIX-YEAR CONTRACT.MOTOR COACH INDUSTRIES - MCI WILL BEGIN PRODUCTION OF YEAR FOUR COACHES STARTING IN SEPTEMBER OF 2019..  Full Article

City Of Albuquerque & City Of Albuquerque Transit Dept Executed Option For Additional Ten Xcelsior Heavy-Duty Transit Buses
Wednesday, 12 Jun 2019 

June 12 (Reuters) - NFI Group Inc ::NEW FLYER OF AMERICA - CITY OF ALBUQUERQUE & CITY OF ALBUQUERQUE TRANSIT DEPARTMENT. EXECUTED OPTION FOR ADDITIONAL TEN XCELSIOR HEAVY-DUTY TRANSIT BUSES.  Full Article

NFI Group Inc Announces Renewal Of Normal Course Issuer Bid
Wednesday, 12 Jun 2019 

June 12 (Reuters) - NFI Group Inc ::NFI GROUP INC. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.NFI GROUP INC - UNDER NCIB, BOARD OF DIRECTORS OF NFI AUTHORIZED REPURCHASE OF UP TO 5.4 MILLION SHARES.NFI GROUP INC - REPURCHASES ARE AUTHORIZED TO COMMENCE ON JUNE 17, 2019 AND WILL TERMINATE ON JUNE 16, 2020.  Full Article

Maryland's BWI Airport orders 20 additional New Flyer Xcelsior buses
Tuesday, 11 Jun 2019 

June 11 (Reuters) - NFI Group Inc ::NFI GROUP INC - MARYLAND'S BWI AIRPORT ORDERS 20 ADDITIONAL NEW FLYER XCELSIOR BUSES.  Full Article

Nfi Group Announces Q1 Earnings Per Share $0.26
Wednesday, 8 May 2019 

May 8 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.26.QTRLY REVENUE OF $567 MILLION DECREASED BY 2%.Q1 EARNINGS PER SHARE $0.26.OVERALL BID UNIVERSE INCREASED BY 5% FROM 2018 Q4 TO 24,532 EUS IN QUARTER, WITH ACTIVE BIDS UP BY 24.1%..OUTLOOK FOR HEAVY-DUTY TRANSIT BUS MARKET REMAINS HEALTHY.PRIVATE MOTOR COACH IS EXPECTED TO CONTINUE TO EXPERIENCE SOME HEADWINDS.DEMAND FOR LOW-FLOOR CUTAWAY AND MEDIUM-DUTY BUSES IS ENCOURAGING.ANTICIPATES THAT A SIGNIFICANT PORTION OF MISSED HEAVY-DUTY TRANSIT DELIVERIES FROM Q1 SHOULD BE MADE UP DURING REMAINDER OF YEAR..UPDATED ITS FISCAL 2019 DELIVERY GUIDANCE.2019 Q1 FINANCIAL RESULTS NEGATIVELY IMPACTED BY ADVERSE WEATHER, CHASSIS SUPPLY DISRUPTION AND LOWER SEASONAL VOLUMES IN MOTOR COACH.MANAGEMENT'S FISCAL 2019 GUIDANCE IS NOW REVISED TO 4,410 EUS.DOES NOT EXPECT NEGATIVE Q1 FACTORS TO REPEAT IN Q2.ON MARCH 13, APPROVED AN INCREASE IN ANNUAL DIVIDEND RATE FROM C$1.50 PER SHARE TO C$1.70 PER SHARE.ANTICIPATES THAT A SIGNIFICANT PORTION OF MISSED HEAVY-DUTY TRANSIT DELIVERIES FROM 2019 Q1 SHOULD BE MADE UP DURING REMAINDER OF YEAR.  Full Article

Nfi Group Inc Delivered 903 Equivalent Units In Q1 2019, A Decrease Of 90 EUs Compared To Q1 2018
Monday, 15 Apr 2019 

April 15 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES FIRST QUARTER 2019 DELIVERIES, ORDERS AND BACKLOG.NFI GROUP INC - NEW ORDERS IN Q1 2019 TOTALED 909 EUS.NFI GROUP INC - NFI DELIVERED 903 EQUIVALENT UNITS IN Q1 2019, A DECREASE OF 90 EUS COMPARED TO Q1 2018.NFI GROUP INC - TOTAL INVENTORY AT MARCH 31, 2019 INCREASED 165 EUS FROM PREVIOUS QUARTER TO 688 EUS.NFI GROUP - LTM Q1 2019 BOOK-TO-BILL RATIO (DEFINED AS NEW FIRM AND OPTION ORDERS DIVIDED BY DELIVERIES) WAS 93%, AN INCREASE OF 6% FROM LTM Q4 2018.NFI GROUP - AT END OF Q1 2019, NFI'S TOTAL BACKLOG WAS 10,587 EUS (VALUED AT $5.16 BILLION) COMPARED TO 10,833 EUS (VALUED AT $5.35 BILLION) AT END OF Q4 2018.NFI GROUP - THERE WILL BE INCREASE IN NUMBER OF REQUESTS FOR PROPOSALS & PUBLIC TENDERS ISSUED IN FISCAL 2019 AND 2020, WHEN COMPARED TO 2018 ACTIVITY.NFI GROUP INC - MANAGEMENT IS UPDATING ITS FISCAL 2019 DELIVERY GUIDANCE TO REFLECT LOWER ANTICIPATED ARBOC DELIVERIES.NFI GROUP INC - MANAGEMENT'S FISCAL 2019 GUIDANCE IS NOW REVISED TO 4,410 EUS, A DECREASE OF 45 EUS FROM PREVIOUSLY REPORTED EXPECTED DELIVERIES.NFI GROUP INC - NO CHANGES HAVE BEEN MADE TO HEAVY-DUTY TRANSIT OR MOTOR COACH DELIVERY GUIDANCE FOR FISCAL 2019.NFI GROUP INC - NFI'S Q1 2019 EARNINGS ARE EXPECTED TO CONTINUE TO BE NEGATIVELY IMPACTED BY SEVERAL FACTORS.  Full Article

Nfi Group Announces Qtrly Earnings Per Share $0.69
Wednesday, 13 Mar 2019 

March 13 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES 2018 FOURTH QUARTER AND FULL FISCAL YEAR RESULTS AND INCREASES ANNUAL DIVIDEND RATE BY 13.3%.NET EARNINGS DURING 2018 Q4 DECREASED BY $33.3 MILLION, OR 43.8%, COMPARED TO 2017 Q4.QTRLY MANUFACTURING REVENUE INCREASED BY $13.3 MILLION, OR 2.4%, IN COMPARISON TO 2017 Q4.QTRLY REVENUE $662 MILLION VERSUS $654.6 MILLION.QTRLY EARNINGS PER SHARE $0.69.QTRLY ADJUSTED EARNINGS PER SHARE $0.69.BOARD-APPROVED NEW ANNUAL DIVIDEND RATE OF C$1.70 PER SHARE IS EFFECTIVE FOR DIVIDENDS DECLARED AFTER MARCH 13, 2019.EVP AND CFO GLENN ASHAM WILL RETIRE EFFECTIVE MARCH 31, 2020.ENGAGED GLOBAL EXECUTIVE RECRUITMENT FIRM KORN FERRY TO COMMENCE A SEARCH FOR MR. ASHAM'S SUCCESSOR.Q4 EARNINGS PER SHARE VIEW $0.66 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $647.5 MILLION -- REFINITIV IBES DATA.  Full Article

NFI Group Inc. Announces Amendment To Double Size Of Normal Course Issuer Bid
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - NFI Group Inc ::NFI GROUP INC. ANNOUNCES AMENDMENT TO DOUBLE SIZE OF NORMAL COURSE ISSUER BID.NFI GROUP INC - MAXIMUM NUMBER OF SHARES WHICH MAY BE PURCHASED UNDER NCIB WILL INCREASE TO 5.5 MILLION SHARES.NFI GROUP INC - PURSUANT TO AMENDED NCIB, NFI CAN PURCHASE UP TO 3.4 MILLION SHARES (TAKING INTO ACCOUNT PRIOR PURCHASES).  Full Article

Nfi Group Announces Fourth Quarter 2018 Deliveries, Orders And Backlog And 2019 Outlook
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES FOURTH QUARTER 2018 DELIVERIES, ORDERS AND BACKLOG AND 2019 OUTLOOK.NFI GROUP INC - AT THE END OF FISCAL 2018, NFI'S TOTAL BACKLOG WAS 10,833 EUS.NFI GROUP INC - NFI DELIVERED 1,126 EQUIVALENT UNITS IN Q4 2018, AN INCREASE OF 58 EQUIVALENT UNITS COMPARED TO Q4 2017.NFI GROUP INC - DOES NOT EXPECT TERMINATION OF DRA TO HAVE A MATERIAL IMPACT ON FISCAL 2019 RESULTS.NFI GROUP INC - PPE EXPENDITURES WILL DECREASE IN FISCAL 2019 AND WILL BE IN THE RANGE OF ABOUT $50 TO $60 MILLION.NFI GROUP - FOR FISCAL 2019, MANAGEMENT EXPECTS SHEPHERDSVILLE FACILITY START-UP EXPENSES TO CONTINUE TO IMPACT ADJUSTED EBITDA FOR FIRST TWO QUARTERS.  Full Article

CANADA STOCKS-TSX futures rise as oil prices gain

July 17 Canada's main stock index futures edged up on Wednesday, as oil prices rose even after data showed U.S. crude inventories fell less than expected.