NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).

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NFI Group Inc > Analyst of National Bank--Cameron Doerksen said

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Comment by downwithdotcom1on Feb 28, 2024 10:06am

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Post# 35903637

RE:Analyst of National Bank--Cameron Doerksen said

some stuff highlghted from the Analyst of National Bank back in January to watch out for tomorrow...dwdc

"In late December, the New York City MTA recommended the approval of two new transit bus orders for NFI’s New Flyer subsidiary that have the potential to increase the backlog ~30%"

"The pending New York City transit bus orders further solidify our view that pricing is moving meaningfully higher with the 40-ft. ZEB unit price up 22.7% from the last order two years ago and the 60-ft. diesel price up 42.2%"