31 Jul 2024

NFI announces second quarter 2024 results

All figures quoted in U.S. dollars unless otherwise noted: 2024 Q2 revenue of $851 million; 1,246 equivalent units ("EUs") delivered, up 34% from 2023 Q2, with 284 EUs, or 23% of total deliveries being battery- and fuel cell-electric buses ("ZEBs"). 2024 Q2 Net earnings of $3 million; Net earnings per Share of $0.02, and Adjusted Net Earnings per Share2 of $0.03. First positive net earnings quarter since 2021 Q2. New orders of 1,114 EUs and tota...
11 Jul 2024

NFI subsidiary Alexander Dennis receives order from Stagecoach for 41 next-generation electric buses destined for London

  LARBERT, United Kingdom, July 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced the first order from London Operator Stagecoach for 41 next-generation electric buses. Stagecoach will receive 24 Enviro100EV small buses and 1...
03 Jul 2024

NFI schedules second quarter 2024 financial results and conference call

WINNIPEG, Manitoba, July 03, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) – NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced it intends to release its second quarter 2024 financial results on Wednesday, July 31, 2024 after market close, with a conference call and webcast to discuss the results on Thursday, August 1, 2024, at 8:...
25 Jun 2024

NFI subsidiary Alexander Dennis receives largest single order of zero-emission buses ever, 244 next-generation electric buses from Stagecoach

LARBERT, United Kingdom, June 25, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that it has taken a firm order from transport group Stagecoach for 244 of its next-generation zero-emission buses. Stagecoach supported numerou...
17 Jun 2024

NFI awarded the Spirit of Winnipeg recognizing our impact on the community

Winnipeg, Manitoba, CANADA – June 17, 2024: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in zero-emission electric mobility solutions, is proud to announce that NFI was awarded the Spirit of Winnipeg Award by the Winnipeg Chamber of Commerce at the 15th Annual Spirit of Winnipeg Awards Gala on June 14, 2024. The Spirit of Winnipeg Awards Gala...
11 Jun 2024

NFI subsidiary Alexander Dennis announces contract with Reading Buses for 53 buses including next-generation Enviro400EV electrics

LARBERT, United Kingdom, June 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that it has confirmed new orders for 24 zero-emission and 29 low-emission buses for English bus operator Reading Buses. The 24 next-generation ...
30 May 2024

NFI releases its Environmental, Social, and Governance Report for 2023

WINNIPEG, Manitoba, May 30, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leader in zero-emission electric mobility solutions, today released its Environmental, Social, and Governance (“ESG”) Report for 2023 (“ESG Report” or “Report”), which can be found at https://www.nfigroup.com/esg/. “To us, a sustainable business is one that creates value for today and the long-term with a focu...
24 May 2024

NFI subsidiary Alexander Dennis announces contract with BC Transit for 29 double deck buses

LARBERT, United Kingdom, May 24, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that it has received a firm order for 29 Enviro500 double deck buses from BC Transit in British Columbia, Canada. BC Transit is a provincial gov...
21 May 2024

NFI announces John Proven as President of NFI Parts and ARBOC

WINNIPEG, Manitoba, May 21, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, is pleased to announce the selection of John Proven as the new President of NFI Parts and ARBOC Specialty Vehicles (ARBOC). John will start his new role on June 3, 2024, reporting directly to NFI’s President and Chief Exec...
17 May 2024

NFI subsidiary New Flyer announces contract with BC Transit for 33 battery-electric buses

WINNIPEG, Manitoba, May 17, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer Industries Canada ULC (New Flyer), a subsidiary of NFI Group Inc. (NFI) and leading manufacturer of heavy-duty transit buses, today announced a contract with BC Transit Corporation (BC Transit) for 33 next-generation Xcelsior CHARGE NG™ 40-foot battery-electric buses (BEBs). The contract was added to New Flyer’s firm backlog in 2024 Q2. BC ...
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