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NFI Group Inc (NFI.TO)

NFI.TO on Toronto Stock Exchange

35.30CAD
15 Feb 2019
Change (% chg)

$0.60 (+1.73%)
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Volume
267,057
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366,864
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Latest Key Developments (Source: Significant Developments)

Texas' Brazos Transit And CARTS Award Contract To New Flyer
Tuesday, 13 Nov 2018 06:00pm EST 

Nov 13 (Reuters) - NFI Group Inc ::TEXAS' BRAZOS TRANSIT AND CARTS AWARD CONTRACT TO NEW FLYER FOR UP TO 28 XCELSIOR® BUSES.NEW FLYER OF AMERICA SAYS CONTRACT INCLUDES 10 FIRM ORDERS WITH OPTIONS TO PURCHASE ADDITIONAL 18 BUSES & ESTABLISHES NEW PARTNERSHIP WITH NEW FLYER.NEW FLYER OF AMERICA SAYS FUNDING FOR ORDER COMES FROM FEDERAL TRANSPORTATION ADMINISTRATION AND TEXAS DEPARTMENT OF TRANSPORTATION.  Full Article

NFI Group Qtrly Adjusted Earnings Per Share Of $0.57
Tuesday, 6 Nov 2018 05:16pm EST 

Nov 6 (Reuters) - NFI Group Inc ::NFI GROUP ANNOUNCES 2018 THIRD QUARTER RESULTS.NFI GROUP - QTRLY REVENUE OF $605.3 MILLION INCREASED BY 11.7%..NFI GROUP INC - QTRLY EARNINGS PER SHARE OF $0.59.NFI GROUP INC - QTRLY ADJUSTED EARNINGS PER SHARE OF $0.57.NFI GROUP INC - FISCAL 2018 DELIVERY GUIDANCE REMAINS UNCHANGED AT 4,390 EUS.  Full Article

New York City Awards New Flyer A Contract For An Additional 108 Xcelsior 60' Transit Buses
Monday, 9 Apr 2018 05:38pm EDT 

April 9 (Reuters) - New Flyer Industries Inc ::NEW YORK CITY AWARDS NEW FLYER A CONTRACT FOR AN ADDITIONAL 108 XCELSIOR 60' TRANSIT BUSES.NEW FLYER OF AMERICA - NEW YORK CITY TRANSIT AUTHORITY AWARDED CO WITH ANOTHER ORDER FOR 108 XCELSIOR CLEAN DIESEL SIXTY-FOOT, HEAVY-DUTY TRANSIT BUSES .NEW FLYER OF AMERICA SAYS NEW YORK CITY TRANSIT AUTHORITY'S ORDER ADDS 216 EQUIVALENT UNITS TO NEW FLYER'S FIRM ORDER BACKLOG.  Full Article

New Flyer Qtrly Earnings Per Share Of ‍$1.21​
Wednesday, 21 Mar 2018 10:39pm EDT 

March 21 (Reuters) - New Flyer Industries Inc ::NEW FLYER ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.QTRLY EARNINGS PER SHARE ‍$1.21​.QTRLY TOTAL REVENUE $654.6 MILLION VERSUS $622.6‍​ MILLION.‍UNDER CURRENT NAFTA AGREEMENT, ALL SHELLS AND FINISHED BUSES AND COACHES MOVE ACROSS BORDER FREE OF ANY DUTIES​.‍COMPANY TODAY PAYS IMMATERIAL TARIFFS FOR NON-NAFTA SUPPLY.​.2018 DELIVERIES ARE EXPECTED TO BE 4,350 EU VEHICLES.NEW FLYER-‍ANY AMENDMENTS TO NAFTA THAT WOULD IMPOSE DUTIES ON PARTS, SHELLS,FINISHED BUSES COULD HAVE FINANCIAL IMPACT GIVEN MATERIALS COMPRISE 69% OF COSTS​.  Full Article

NFI Group Announces Fourth Quarter 2017 Backlog
Wednesday, 10 Jan 2018 07:10pm EST 

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

MCI To Cease Distributing Daimler's Setra Coaches
Thursday, 4 Jan 2018 07:55am EST 

Jan 4 (Reuters) - New Flyer Industries Inc ::MCI TO CEASE DISTRIBUTING DAIMLER'S SETRA COACHES.NEW FLYER INDUSTRIES-EVOBUS GMBH TERMINATED DISTRIBUTION RIGHTS AGREEMENT FOR GERMAN BUILT SETRA MOTOR COACHES IN U.S., CANADA EFFECTIVE JUNE 29,2018​.NEW FLYER-DAIMLER'S DECISION WAS BASED ON UNIT'S OWN COMPETING MOTOR COACH MODELS DID NOT ALLOW FOR SUFFICIENT ATTENTION TO SETRA BRAND IN CANADA, U.S..NEW FLYER INDUSTRIES INC - ‍SALES OF NEW SETRA COACHES WILL TRANSFER TO DAIMLER'S NEW NORTH AMERICAN DISTRIBUTOR IMMEDIATELY​.NEW FLYER INDUSTRIES - ‍UNDER TERMS OF DRA, AS PART OF TRANSITION, DAIMLER WILL RE-PURCHASE NEW SETRA COACHES, SERVICE PARTS INVENTORY ON HAND AT MCI​.NEW FLYER INDUSTRIES- PARTS SALES, SERVICE, WARRANTY SUPPORT FOR SETRA COACHES IN SERVICE WILL REMAIN WITH MOTOR COACH INDUSTRIES & TRANSFER MID-2018.  Full Article

New Flyer Industries Says GRT Awarded Unit With a Contract
Wednesday, 20 Dec 2017 05:55pm EST 

Dec 20 (Reuters) - New Flyer Industries Inc ::NEW FLYER INDUSTRIES SAYS GRAND RIVER TRANSIT HAS AWARDED CO'S UNIT WITH A CONTRACT.GRT'S ORDER CONVERTED 39 BUSES FROM OPTION BACKLOG TO FIRM ORDER BACKLOG.  Full Article

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