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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
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 fiscal year ended 31 December 2023, NFI Group Inc revenues increased 30% to $2.69B. Net loss applicable to common stockholders excluding extraordinary items decreased 49% to $150.5M. Revenues reflect Manufacturing Operations segment increase of 35% to $2.13B, Aftermarket Operations segment increase of 14% to $555M, Northern America segment increase of 35% to $2.11B, UK and Europe segment increase of 19% to $523.4M.
Employees: 7,500 as of Jan 2, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $2,799M as of Dec 31, 2023
Annual revenue (TTM): $3,678M as of Dec 31, 2023
EBITDA (TTM): $66.47M as of Dec 31, 2023
Net annual income (TTM): -$186.52M as of Dec 31, 2023
Free cash flow (TTM): -$138.08M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,490M as of Dec 31, 2023
Shares outstanding: 118,971,798 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization