NFI Group Inc (TSE:NFI) has released an update.
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NFI Group Inc. has reported a record $12 billion backlog for the third quarter of 2024, with significant improvements in gross margin and Adjusted EBITDA compared to the previous year. Despite a net loss of $15 million, the company delivered nearly 1,000 units, with a substantial portion being zero-emission buses. The aftermarket segment showed strong performance with $153 million in revenue.
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