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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)

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

NFI Group Announces Entry Into New Credit Facility
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES ENTRY INTO NEW CREDIT FACILITY.NFI GROUP - CO, UNITS ENTERED REVOLVING CREDIT FACILITY WITH A TOTAL BORROWING LIMIT OF $1.0 BILLION.NFI GROUP - CREDIT FACILITY PROVIDES ACCORDION FEATURE WHICH ALLOWS CO TO OBTAIN ADDITIONAL FUNDING OF UP TO $250 MILLION.NFI GROUP - CREDIT FACILITY REFINANCES AND REPLACES EXISTING SECURED CREDIT FACILITY.  Full Article

NFI Group Announces 2018 Second Quarter Results
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES 2018 SECOND QUARTER RESULTS.QTRLY REVENUE OF $673.0 MILLION INCREASED BY 9.7%..Q2 EARNINGS PER SHARE $0.81.QTRLY EARNINGS PER SHARE OF $0.81.MANAGEMENT CONTINUES TO ANTICIPATE STABLE PRIVATE SECTOR DEMAND FOR MOTOR COACHES THROUGH 2018.Q2 ADJUSTED EARNINGS PER SHARE $0.83.CONTINUES TO EXPECT BUS PROCUREMENT ACTIVITY BY PUBLIC TRANSIT AGENCIES THROUGHOUT U.S., CANADA TO REMAIN ROBUST.REAFFIRMS ITS 2018 DELIVERY GUIDANCE.CURRENTLY ANTICIPATES IMMATERIAL IMPACT FOR REMAINDER OF 2018 FROM CURRENT MARKET INCREASES IN ALUMINUM AND STEEL PRICING.NFI GROUP - EXPECTS ANY FUTURE COMPONENT COST INCREASES SHOULD BE RECOVERABLE THROUGH NEW CONTRACT PRICING OR PPI MECHANISMS IN MULTIYEAR CONTRACTS.  Full Article

New Flyer Of America To Deliver Up To 694 Heavy-Duty Xcelsior Transit Buses To Washington Metropolitan Area Transit Authority
Wednesday, 4 Jul 2018 

July 4 (Reuters) - NFI Group Inc ::NEW FLYER OF AMERICA - NEW FLYER TO DELIVER UP TO 694 HEAVY-DUTY XCELSIOR TRANSIT BUSES TO WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY.NEW FLYER OF AMERICA - DELIVERY OF UP TO 694 HEAVY-DUTY XCELSIOR TRANSIT BUSES TO WMATA PART OF 5-YEAR CONTRACT AWARD.  Full Article

New Flyer Industries Canada Announces Award From Toronto Transit Commission
Thursday, 21 Jun 2018 

June 21 (Reuters) - NFI Group Inc ::NEW FLYER INDUSTRIES CANADA - ANNOUNCED AWARD FROM TORONTO TRANSIT COMMISSION, WITH AN OPTION TO PURCHASE UP TO 30 ADDITIONAL BUSES OVER NEXT 2 YEARS.  Full Article

New Flyer Qtrly Earnings Per Share Of $0.48
Thursday, 10 May 2018 

May 9 (Reuters) - New Flyer Industries Inc ::NEW FLYER ANNOUNCES 2018 FIRST QUARTER RESULTS AND INCREASES ANNUAL DIVIDEND RATE.QTRLY REVENUE OF $578.7 MILLION INCREASED BY 1.2%.QTRLY EARNINGS PER SHARE OF $0.48.BOARD APPROVES ANNUAL DIVIDEND RATE INCREASE OF 15.4% FROM CURRENT RATE TO $1.50 PER SHARE.  Full Article

NFI Group Says At End Of Q1 2018, Total Backlog Was 11,548 EUS Vs. 9,984 EUS
Monday, 16 Apr 2018 

April 15 (Reuters) - New Flyer Industries Inc ::NFI GROUP ANNOUNCES Q1 2018 ORDERS AND BACKLOG.GROUP DELIVERED 993 EQUIVALENT UNITS ("EUS") IN Q1 2018, AN INCREASE OF 101 EUS COMPARED TO Q1 2017.TOTAL INVENTORY AT APRIL 1, 2018 INCREASED 151 EUS FROM PREVIOUS QUARTER TO 633 EUS.TOTAL NEW ORDERS IN Q1 2018 TOTALED 736 EUS, WHICH INCLUDED FIRM ORDERS OF 365 EUS (VALUED AT $160.1 MILLION).NEW FLYER INDUSTRIES - AT END OF Q1 2018, TOTAL BACKLOG WAS 11,548 EUS (VALUED AT $5.8 BILLION) VERSUS. 9,984 EUS (VALUED AT $5.1 BILLION) AT END OF Q1 2017.  Full Article

Unifor Reaches Tentative Agreement With New Flyer
Thursday, 29 Mar 2018 

March 29 (Reuters) - New Flyer Industries Inc ::UNIFOR REACHES TENTATIVE AGREEMENT WITH NEW FLYER.UNIFOR - WHEN RATIFIED, COLLECTIVE AGREEMENT WILL COVER PERIOD FROM APRIL 1, 2018 TO JUNE 30, 2022.UNIFOR - UNIFOR LOCAL 3003 REPRESENTS 750 NEW FLYER WORKERS IN PRODUCTION, SKILLED TRADES, AND INSPECTION.UNIFOR - UNIFOR LOCAL 3003 MEMBERS WILL VOTE ON RATIFYING TENTATIVE AGREEMENT ON APRIL 8.UNIFOR- LOCAL 3003 SUCCEEDED IN GETTING ANNUAL WAGE INCREASES,MAINTAINED DEFINED BENEFIT PENSION PLAN,INCREASED EMPLOYER-PAID COVERAGE ON SOME BENEFITS.  Full Article

NFI Group Announces Fourth Quarter 2017 Backlog
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - New Flyer Industries Inc ::NFI GROUP ANNOUNCES FOURTH QUARTER 2017 ORDERS, BACKLOG AND 2018 OUTLOOK.NEW FLYER INDUSTRIES-AT END OF Q4 2017 ,NFI'S TOTAL BACKLOG WAS 12,157 EUS (VALUED AT $6.02 BILLION) VERSUS 10,187 EUS (VALUED AT $5.23 BILLION) AT END OF Q4 2016.NEW FLYER INDUSTRIES- ‍EFFECTIVE TAX RATE FOR 2018 AND SUBSEQUENT YEARS IS EXPECTED TO BE IN RANGE OF 29% TO 31% BECAUSE OF U.S. TAX REFORM IN DECEMBER​.  Full Article

CANADA STOCKS-TSX rises on gains in bank shares

Jan 16 Canada's main stock index rose on Wednesday, helped by gains in bank shares on a day which saw strong quarterly earnings from big U.S. lenders.