Earnings
October 31, 2020 - TRP
New! TC Energy Corp. Q3-2020 Earnings - Price Target Update .....
October 30, 2020 - CU
New! Canadian Utilities Ltd Q3-2020 Earnings, Price Target Update .....
October 29, 2020 - FN
New! First National Financial Corp. Q3-2020 Earnings, Price Target Update .....
October 28, 2020 - AW.UN
A&W Revenue Royalties Income Fund - Q3-2020 Earnings, Price Target Update .....
October 25, 2020 - AP.UN
Allied Properties REIT - Q2-2020 Earninng, Price Target Update .....
October 24, 2020 - NWH.UN
Northwest Healthcare Properties REIT - Q2-2020 Earnings, Price Target Updat .....
October 23, 2020 - RCI.B
Rogers Communications Inc. Q3-2020 Earnings & Price Target Update .....
October 22, 2020 - LB
Laurentian Bank of Canada - Q3-2020 Earnings, Price Target Update .....
Recommendation Changes
AW.UN, RCI.B, BPF.UN, EXE, AX.UN, more...

NFI Group Inc. Q2-2020 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

NFI Group Inc. (NFI), operates from 50 facilities across ten countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses), and NFI Parts. NFI vehicles incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell). In total, NFI now supports over 100,000 buses and coaches currently in service around the world.

Prior to the acquisition of Alexander Dennis (ADL), NFI was North America's largest bus and motor coach manufacturer and parts distributor. The Alexander Dennis acquisition in May-2019 for $US428M increased total assets to $2.9B. The acquisition provided an international platform for expansion of all NFI models including the double decker transit bus segment. The acquisition was expected to increase annual revenues by 30%. Transport bus platforms include heavy-duty transit buses, low-floor cutaway and medium-duty buses), inter-city motor coaches, parts support, and fibre-reinforced plastic and composites and now double decker busses. Prior to the Alexander Dennis acquisition transit bus sales comprised 65% of revenues, inter-city motor coaches – 20%, cut-a-away style busses -5%, parts and service 10%. Prior to the Alexander Dennis acquisition, approximately 85% of revenues are in USD and the balance in Canadian. Following the acquisition US dollar revenues has decreased to about 50%, after inclusion of UK, Euro and Asian currencies. They offer the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell) on proven bus platforms. In total including Alexander Dennis they support over 105,000 buses and coaches currently in service in North America, UK, Europe and Asia. The first quarter of the year is typically NFI's seasonally slowest period.

Alexander Dennis Acquisition

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
October 30, 2020
New! Coverage Universe - Weekly Price Change: Oct 23-30, 2020
October 23, 2020
Coverage Universe - Weekly Price Change: Oct 16-23, 2020
October 16, 2020
Coverage Universe - Weekly Price Change: Oct 9-16, 2020
October 9, 2020
Coverage Universe - Weekly Price Change: Oct 2-9, 2020
October 2, 2020
Coverage Universe - Weekly Price Change: Sept 25-Oct 2, 2020
September 25, 2020
Coverage Universe - Weekly Price Change: Sept 18-25, 2020
September 18, 2020
Coverage Universe - Weekly Price Change: Sept 11-18, 2020
September 11, 2020
Coverage Universe - Weekly Price Change: Sept 4-11, 2020