NFI Group Inc - Company Profile
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NFI Group Inc (NFI), is a solutions provider specializing in the manufacturing of buses and coaches, along with offering charging infrastructure installation, telematics, vehicle financing, and aftermarket support services. The company's primary activities include the design, production, and distribution of a variety of transit buses and motor coaches. The company's major products include heavy-duty transit buses, single and double-deck buses, articulated buses, low-floor cutaway buses, medium-duty buses, and motor coaches, featuring a broad range of drive systems such as clean diesel, natural gas, diesel-electric hybrid, trolley-electric, battery-electric, and fuel cell-electric. Notable brands associated with NFI include New Flyer, ARBOC, Alexander Dennis, Xcelsior AV, NFI Parts, MCI, and Plaxton. Its products serve customers in the public transportation sector, providing solutions for urban transit systems and intercity travel. The company operates through a network of production facilities and distribution channels in Canada, the US, and the UK, and has a growing presence in New Zealand, Singapore, and Australia. NFI is headquartered in Winnipeg, Manitoba, Canada.
Headquarters
Canada
Address
711 Kernaghan Avenue, Winnipeg, Manitoba, R2C3T4
Website
www.nfigroup.com
Telephone
1 204 2241251
No of Employees
9,000
Industry
Automotive
Ticker Symbol & Exchange
NFI (TSE)
Revenue (2024)
$3.6B
15.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-4211.9%
(2024 vs 2023)
Market Cap*
$2.2B
Net Profit Margin (2024)
XYZ
-3,472.7%
(2024 vs 2023)
* As of and is in US$
NFI Group Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Heavy-duty transit buses | Aftermarket parts | New Flyer |
| Single and Double-Deck Buses | Customer support services | ARBOC |
| Articulated buses | Financing Services | Alexander Dennis |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company and Alexander Dennis signed a partnership with Volvo Buses to develop 60 new tri-axle double-deckers for Lothian Buses. |
| 2026 | Contracts/Agreements | In March, New Flyer signed a deal with Ballard Power Systems to supply 500 50 MW FCmove-HD+ fuel cell engines for Xcelsior CHARGE FC hydrogen buses. |
| 2026 | Corporate Changes/Expansions | In March, the company opened a new Flyer’s All-Canadian Build Facility in Winnipeg, Canada. |
Competitor Comparison
| Key Parameters | NFI Group Inc | BYD Co Ltd | Navistar International Corp | Yutong Bus Co Ltd | REV Group Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | China | United States of America | China | United States of America |
| City | Winnipeg | Shenzhen | Lisle | Zhengzhou | Brookfield |
| State/Province | Manitoba | Guangdong | Illinois | Henan | Wisconsin |
| No. of Employees | 9,000 | 869,600 | 14,500 | 19,575 | 5,700 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Colin Robertson | Chairman | Executive Board | 2025 | 60 |
| John Sapp | Chief Executive Officer; Director; President | Executive Board | 2026 | - |
| Brian Dewsnup | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | - |
| Larry Edwards | Vice Chairman | Executive Board | 2008 | 75 |
| Chris Stoddart | President - North America Bus and Coach | Senior Management | 2007 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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