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NFI Group Inc. (T:NFI)

Business Focus: Heavy Machinery & Vehicles (NEC)

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
 
Company Contact
Address: 711 Kernaghan Ave
WINNIPEG MB R2C 3T4
Tel: 1-204-2246382
Website: https://www.nfigroup.com
IR: See website
Key People
Paul Soubry
President, Chief Executive Officer, Director
Brian Keith Dewsnup
Chief Financial Officer, Executive Vice President
Paul Davies
President and Managing Director of ADL
John Proven
President of NFI Parts and ARBOC Specialty Vehicles
Christopher James Stoddart
President, North American Bus and Coach of New Flyer
 
Business Overview
NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses.
Financial Overview
For the 26 weeks ended 30 June 2024, NFI Group Inc revenues increased 33% to $1.57B. Net loss decreased 93% to $6.9M. Revenues reflect Manufacturing Operations segment increase of 38% to $1.25B, Aftermarket Operations segment increase of 16% to $321.5M, Northern America segment increase of 34% to $1.26B, UK and Europe segment increase of 28% to $299.7M.
Employees: 8,500 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,595M as of Jun 30, 2024
Annual revenue (TTM): $4,232M as of Jun 30, 2024
EBITDA (TTM): $188.08M as of Jun 30, 2024
Net annual income (TTM): -$67.60M as of Jun 30, 2024
Free cash flow (TTM): $17.68M as of Jun 30, 2024
Net Debt Last Fiscal Year: $1,491M as of Jun 30, 2024
Shares outstanding: 119,028,300 as of Aug 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization