NFI Group Inc ( (TSE:NFI) ) has provided an update.
NFI Group Inc. reported its first quarter 2025 financial results, highlighting a record backlog of $13.7 billion and improvements in revenue, adjusted EBITDA, and ROIC. The company delivered 1,028 equivalent units, with a notable portion being zero-emission buses. Despite challenges in seat supply impacting deliveries, NFI remains optimistic about its 2025 outlook, supported by a new credit agreement enhancing financial stability and flexibility. The company is adjusting operations in response to challenging market conditions in the UK.
Spark’s Take on TSE:NFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NFI is a Neutral.
NFI Group Inc’s overall stock score reflects a company in a recovery phase, with strong order backlogs and strategic moves towards sustainable transport. However, persistent profitability issues, high leverage, and valuation concerns remain substantial risks. Positive earnings call highlights provide optimism, but caution is warranted due to potential external challenges, including tariffs and market demand volatility.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions. The company focuses on delivering zero-emission buses and has a significant presence in North American markets.
Average Trading Volume: 318,818
Technical Sentiment Signal: Sell
Current Market Cap: C$1.45B
For detailed information about NFI stock, go to TipRanks’ Stock Analysis page.