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 (NFYEF) subsidiary Motor Coach Industries expanded its Metrolinx order with 47 additional diesel commuter coaches under two agreements.
The agreements cover 33 and 14 coaches, increasing the 97-coach order announced in early July 2025 to 144 coaches. Including an initial purchase of 80 coaches announced in the first quarter of 2025, Metrolinx’s total commitment reaches 224 MCI coaches. The latest order will replace aging MCI coaches.
NFI Group (NFYEF) plans to release third-quarter 2026 financial results after markets close on November 5, 2026. A conference call and webcast to discuss the results are scheduled for November 6 at 8:30 a.m. Central Time.
NFI Group (NFYEF) on September 17, 2026 reported a Houston METRO order for 100 New Flyer Xcelsior 40-foot compressed natural gas buses.
The purchase is valued at approximately $93 million and was added to New Flyer’s firm backlog in the second quarter of 2026. Funding is supported by the Federal Transit Administration’s 2025-2026 Low- or No-Emission Program and Bus and Bus Facilities Projects. The new CNG buses will replace end-of-life vehicles and are paired with METRO facility upgrades to expand CNG fueling capacity, extending a bus and motorcoach supply relationship that has been in place since 1991.
NFI Group (NFYEF) subsidiary New Flyer has received a contract from the Central Ohio Transit Authority (COTA) for up to 45 sixty-foot Xcelsior compressed natural gas articulated transit buses. The agreement includes a firm order for 12 buses and options for up to 33 additional units, with the firm order added to New Flyer’s third quarter 2026 backlog and the options to its option backlog.
The articulated CNG buses will replace end-of-life vehicles and support the launch of new bus rapid transit service in Columbus and surrounding communities, funded in part through the Low or No Emission Grant Program.
NFI Group (NFYEF) subsidiary New Flyer received a firm order from Denver’s Regional Transportation District for 47 Xcelsior 60-foot clean-diesel buses.
The order, funded through local sources and added to New Flyer’s Q2 2026 backlog, includes options for up to 80 additional 60-foot buses (160 equivalent units). The Buy America-compliant vehicles will be built in the United States to support the East Colfax Bus Rapid Transit project, with passenger service anticipated to begin in early 2028.
NFI Group (NFYEF) subsidiary Alexander Dennis has secured a £57m firm order from the Liverpool City Region Combined Authority for at least 207 new low and zero‑emission buses for the region’s franchised services.
The order covers 117 low‑emission Enviro400 double‑deckers, 60 low‑emission Enviro200 single‑deckers and 30 zero‑emission Enviro100EV buses, all to be built or completed in Britain and delivered in 2027. Options could raise the total to 357 vehicles at an investment value of £95m. These buses will join 109 low‑emission Enviro200s now being delivered for the first franchised services starting September 6, 2026, and 58 previously ordered zero‑emission Enviro400EVs, taking the total Alexander Dennis fleet for the City Region to around 400 buses. Enviro400 and Enviro200 models will use SmartPack technology, which has demonstrated 18%–24% lower fuel consumption and CO2e emissions versus conventional Euro V diesel buses.
NFI Group (TSX: NFI, OTC: NFYEF) released its 2025 Sustainability Report, detailing environmental, social, governance and business performance. The Report highlights delivery of 1,326 zero‑emission buses and coaches (about 30% of total deliveries), $11.9 million and 279,000 hours invested in employee training, and over $533,000 raised for United Way agencies and community partners.
NFI Group (OTC: NFYEF) reported strong 2026 Q2 results, with deliveries up 14.5% to 1,232 EUs and revenue rising 18.6% year-over-year to $1,029.5 million. Gross margin was $153.5 million, up 32.1%, and net earnings improved to $17.4 million from a $160.8 million loss in 2025 Q2. Adjusted EBITDA increased 46.9% to $104.0 million, while net cash from operating activities reached $159.1 million versus a $69.6 million use of cash a year earlier.
NFI reported a backlog of about $12.5 billion (14,483 EUs) and liquidity of $520.0 million. ROIC rose to 13.6% from 7.9%. The company raised 2026 guidance, tightening revenue to $4.0–$4.2 billion and lifting Adjusted EBITDA to $385–$415 million, and now expects higher cash capex of $55–$65 million.
NFI (OTC:NFYEF) will release its Q2 2026 financial results on Thursday, August 6, 2026, after markets close.
A conference call and webcast to discuss results will be held on Friday, August 7, 2026, at 8:30 a.m. ET, with webcast and phone access plus a year-long replay.
NFI Group (OTC: NFYEF, TSX: NFI) announced that subsidiary Alexander Dennis will body 60 new Volvo B8L tri-axle double-deck buses for Lothian Buses. The 42-foot Enviro400XLB vehicles will increase capacity and accessibility on busy Scottish routes. Lothian also plans to procure 40 zero-emission double-deckers, subject to Scottish Government ScotZEB3 grant funding.