Welcome to our dedicated page for Nfi Group news (Ticker: NFYEF), a resource for investors and traders seeking the latest updates and insights on Nfi Group stock.
NFI Group Inc. reports developments tied to its bus and coach manufacturing business and its aftermarket parts and service operations. News commonly covers orders from public transit agencies for platforms such as Alexander Dennis Enviro500 double-deck buses and New Flyer Xcelsior compressed natural gas transit buses, along with backlog, production-rate, supply-chain and fleet-modernization updates.
Company updates also include quarterly and annual financial results, guidance commentary, manufacturing footprint actions, leadership changes within operating businesses such as Motor Coach Industries, and shareholder meeting matters including director elections.
NFI Group (OTC: NFYEF, TSX: NFI) announced that all ten director nominees listed in its March 20, 2026 circular were elected at the May 8, 2026 shareholder meeting. Each nominee received between 95.68% and 98.39% of votes cast. The Board also appointed directors to the Audit, Human Resources and Corporate Governance, and Operations and Technology committees, designating Anne Marie O’Donovan as Audit Chair, Maryse Saint-Laurent as Governance Chair, and Colin Robertson as Board and Operations and Technology Chair.
NFI (OTC: NFYEF) subsidiary Alexander Dennis received a firm order for 41 Enviro500 double-decker buses from BC Transit on May 8, 2026, added to the company’s firm backlog in Q1 2026. Each bus seats up to 80 passengers; units will replace end-of-life vehicles and expand double-decker capacity across British Columbia, including Victoria where ~50 Alexander Dennis double-deckers already operate.
The order reinforces ongoing demand for the Enviro500 platform and continues a 40+-year partnership between NFI and BC Transit.
NFI (OTC: NFYEF, TSX: NFI) reported 2026 Q1 revenue of $842.0M, gross profit of $132.3M (up 40.8% YoY), net earnings of $11.5M and Adjusted EBITDA of $86.1M (up 37.3% YoY). Backlog stood at ~$13.0B and ROIC LTM rose to 12.3%; 2026 guidance was reaffirmed.
Liquidity improved to $374.6M, deliveries were 978 EUs (19.9% ZEBs), and management cited ongoing production ramp and aftermarket strength.
NFI Group (OTC: NFYEF) announced that New Flyer received an order from San Diego MTS for 73 Xcelsior CNG buses (50 forty-foot and 23 sixty-foot), valued at approximately $64 million and recorded as 96 equivalent units in NFI’s firm backlog for the fourth quarter of 2025.
The purchase is an option exercise in year four of a five-year contract originally awarded in 2022. The order supports U.S. manufacturing jobs, complies with Buy America requirements, and aims to replace end-of-life buses with lower-emission CNG models to modernize San Diego’s transit fleet.
NFI (OTC: NFYEF) will release Q1 2026 results on May 7, 2026 after market close and will host a conference call and webcast on May 8, 2026 at 8:30 a.m. ET. The company’s Annual and Special Meeting of Shareholders is set for May 8, 2026 at 11:00 a.m. ET in Toronto with virtual access.
Two independent directors, Daniel Barclay and John Scannell, are nominated to succeed retiring directors Larry Edwards and Katherine Winter. Meeting materials and voting instructions are posted on NFI’s website and the webcast link will host the results presentation and Q&A.
NFI (OTC: NFYEF) announced Rob Marion as President of Motor Coach Industries, effective April 2, 2026. Rob reports to CEO John Sapp and brings three decades at NFI with oversight of 10 facilities and over 2,000 team members.
The move re-establishes MCI as a dedicated business after the 2020 New Flyer–MCI operating unit consolidation; management says the change follows market recovery, new vehicle models, harmonized production lines, and expanded service offerings.
NFI (OTC: NFYEF) said Alexander Dennis will consult on a new Scottish manufacturing strategy to convert Larbert into a chassis manufacturing site and close the legacy Falkirk facility. The plan would retain about 350 roles in Scotland, safeguard ~200 jobs, and place up to 115 roles at risk.
The move follows a September 2025 furlough scheme and does not change NFI's fiscal 2026 guidance.
NFI (OTC: NFYEF) reported record fiscal 2025 results on March 11, 2026, driven by strong deliveries and margin expansion. Q4 revenue was $1,025.1M (+22.5% YoY) and net earnings were $166.0M. Backlog stood at ~$13.0B (15,325 EUs). Liquidity improved to $445.8M and 2026 guidance targets revenue of $3.9B–$4.2B and Adjusted EBITDA of $370M–$410M.
The quarter was materially affected by a $166M Battery Settlement and management expects 2026 improvements while noting tariff and supply‑chain risks.
New Flyer (OTC: NFYEF) announced that Washington Metropolitan Area Transit Authority exercised options for 100 forty-foot buses: 75 Xcelsior hybrid-electric and 25 Xcelsior CHARGE NG battery-electric vehicles.
The purchase is backed by federal, state, local funding and the FTA Low-No grant, replaces end-of-life vehicles, and follows a February 2025 base order of 100 hybrid buses.
NFI (OTC: NFYEF) subsidiary New Flyer confirmed that the Regional Transportation Commission of Southern Nevada (RTC) exercised options for 19 sixty-foot and 31 forty-foot Xcelsior CNG buses, valued at approximately $56 million. The order, included in NFI’s Q4 2025 firm backlog, is part of two five-year contracts, supported by local and Federal Transit Administration funds and meeting Buy America requirements. These low-emission buses will replace end-of-life vehicles for RTC’s roughly 64 million annual riders and offer an estimated range of 350–400 miles per bus.