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New Flyer Industries Inc (NFI.TO)

NFI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

New Flyer Acquires Arboc Specialty Vehicles
Friday, 1 Dec 2017 08:33am EST 

Dec 1 (Reuters) - New Flyer Industries Inc ::NEW FLYER ACQUIRES ARBOC SPECIALTY VEHICLES.NEW FLYER INDUSTRIES INC - DEAL FOR PURCHASE PRICE OF $95 MILLION.NEW FLYER INDUSTRIES INC - ‍TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE AND FREE CASH FLOW PER SHARE​.NEW FLYER INDUSTRIES INC - NFI GROUP IS USING AVAILABLE CASH AND ITS EXISTING CREDIT FACILITIES TO FINANCE TRANSACTION.NEW FLYER INDUSTRIES INC - EXPECTS ARBOC WILL DELIVER APPROXIMATELY 500 BUSES IN 2018.NEW FLYER INDUSTRIES INC - ‍MANAGEMENT EXPECTS ARBOC TO DELIVER APPROXIMATELY 360 BUSES IN 2017​.NEW FLYER INDUSTRIES - ‍ARBOC'S MANAGEMENT TEAM WILL REMAIN IN PLACE, WITH PRESIDENT AND CHIEF EXECUTIVE OFFICER DON ROBERTS REPORTING TO WAYNE JOSEPH​.  Full Article

New Flyer to invest $28mln to establish a bus and coach parts fabrication facility in Kentucky
Thursday, 16 Nov 2017 05:41pm EST 

Nov 16 (Reuters) - New Flyer Industries Inc :New Flyer to invest $28 mln to establish a bus and coach parts fabrication facility in Kentucky.‍Production at the Kentucky fabrication facility is expected to commence during Q2 of 2018​.  Full Article

MOTOR COACH INDUSTRIES SAYS ALL-ELECTRIC COMMUTER COACH MODEL D45 CRT LE TO BE RELEASED IN 2020​‍​
Monday, 9 Oct 2017 01:59pm EDT 

Oct 9 (Reuters) - Motor Coach Industries::UNVEILING NEW COMMUTER COACH MODEL D45 CRT LE FOR PUBLIC TRANSIT; ALL-ELECTRIC VERSION IN DEVELOPMENT, TO BE RELEASED IN 2020​‍​.  Full Article

County of Fairfax awards contract for up to 500 buses to New Flyer
Monday, 18 Sep 2017 06:12pm EDT 

Sept 18 (Reuters) - New Flyer Industries Inc ::County of Fairfax awards contract for up to 500 clean diesel buses to New Flyer.County of Fairfax Department of Transportation awarded co's unit with contract for 14 Xcelsior clean diesel transit buses​.  Full Article

New Flyer of America investing additional USD $25 million in Anniston, AL
Wednesday, 6 Sep 2017 05:54pm EDT 

Sept 6 (Reuters) - New Flyer Industries Inc :New Flyer of America investing additional USD $25 million in Anniston, AL.New flyer of America Inc says will invest $25 million in building renovations and expansions at its Anniston, Alabama production campus​.  Full Article

Edmonton awards New Flyer a contract for 110 clean diesel buses
Tuesday, 15 Aug 2017 05:35pm EDT 

Aug 15 (Reuters) - New Flyer Industries Inc :Edmonton awards New Flyer a contract for 110 clean diesel buses.New Flyer Industries Inc - new award will add a total of 230 equivalent units to new flyer's firm and option backlog.  Full Article

New Flyer reports Q2 earnings per share $0.69
Wednesday, 9 Aug 2017 05:54pm EDT 

Aug 10 (Reuters) - New Flyer Industries Inc -:New Flyer announces 2017 second quarter results and increases in 2017 projected deliveries.New Flyer Industries Inc says increased fiscal 2017 projected deliveries of new transit buses and motor coaches to 3,800 eus.Q2 earnings per share $0.69.Q2 revenue rose 4.5 percent to $613.4 million.Q2 earnings per share view $0.62, revenue view $623.6 million -- Thomson Reuters I/B/E/S.  Full Article

San Francisco expands its zero-emission footprint with an order for 185 trolley-electric buses
Wednesday, 26 Jul 2017 05:49pm EDT 

July 26 (Reuters) - New Flyer Industries Inc :New Flyer Industries Inc - SFMTA has awarded an option order for 185 Xcelsior(®) trolley-electric, forty-foot, heavy-duty buses.  Full Article

New Flyer Industries delivers 991 EUs in Q2 2017, an increase of 79 EUs
Thursday, 13 Jul 2017 06:10pm EDT 

July 13 (Reuters) - New Flyer Industries Inc ::Master production schedule along with backlog & orders seen to be awarded under new procurements is about 3,750 EUs in 2017.Total bus and coach inventory at July 2, 2017 was 534 EUs, a decrease of 13 EUs from previous quarter.Delivered 991 equivalent units in Q2 2017, an increase of 79 eus compared to Q2 2016.Company's new transit bus and coach orders (firm and options) in Q2 2017 totaled 958 EUs .At end of Q2 2017, company's total backlog was 9,901 EUs (valued at $5.04 billion) compared to 9,984 EUs (valued at $5.09 billion) at end Q1 2017​.Expects stable private sector demand for motor coaches through 2017.Company's backlog consists of transit buses, and motor coaches primarily for public customers​.Total shipments by company's aftermarket business for Q2 2017 decreased by 3.3% compared to previous quarter.2,055 EUs of new firm and option orders were pending from customers at end of Q2 2017.Total shipments by company's aftermarket business for q2 2017 decreased by 3.3% compared to previous quarter​.  Full Article

Brampton transit awards New Flyer a contract for 14 clean diesel buses
Tuesday, 27 Jun 2017 05:30pm EDT 

June 27 (Reuters) - New Flyer Industries Inc ::Brampton transit awards new flyer a contract for 14 clean diesel buses.New Flyer Industries Inc - vehicles will be delivered to brampton transit starting Q1 2018.  Full Article

BRIEF-New Flyer Acquires Arboc Specialty Vehicles

* NEW FLYER INDUSTRIES INC - DEAL FOR PURCHASE PRICE OF $95 MILLION