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An update from NFI Group Inc ( (TSE:NFI) ) is now available.
NFI Group Inc. reported strong financial results for the fourth quarter and fiscal year 2024, with a record backlog of $12.8 billion and significant improvements in net earnings and adjusted EBITDA. The company saw a 5.1% increase in revenue and a 76.4% rise in adjusted EBITDA year-over-year, highlighting its robust operational performance and strategic focus on zero-emission buses, which now represent 40.3% of its total backlog.
More about NFI Group Inc
NFI Group Inc. is a leader in propulsion agnostic bus and coach mobility solutions, focusing on providing a range of transportation options including battery and fuel cell-electric buses.
YTD Price Performance: -23.84%
Average Trading Volume: 338,059
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.29B
See more data about NFI stock on TipRanks’ Stock Analysis page.