An announcement from NFI Group Inc ( (TSE:NFI) ) is now available.
NFI Group Inc. has announced a change in its board leadership, appointing Colin Robertson as the new Chair of the Board following the departure of Chan Galbato. Robertson, who has been with NFI’s Board since 2020, brings extensive experience from his previous roles at Alexander Dennis Limited and other global manufacturing companies. This leadership transition is seen as a strategic move to strengthen NFI’s position in the bus and coach technology market, as the company aims to capitalize on market opportunities and deliver significant value creation.
Spark’s Take on TSE:NFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NFI is a Neutral.
NFI Group has shown recovery signs with an improved EBITDA and record backlog, but persistent profitability challenges and high leverage remain substantial risks. While there is cautious optimism due to strong order growth and strategic shifts towards zero-emission buses, valuation concerns and potential external risks like tariffs weigh on the outlook.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leading global bus manufacturer specializing in propulsion-agnostic bus and coach mobility solutions. The company offers a wide range of products, including electric, natural gas, electric hybrid, and clean diesel buses and coaches. NFI operates under several brands such as New Flyer, MCI, Alexander Dennis Limited, Plaxton, and ARBOC, and supports an installed base of over 100,000 vehicles worldwide. With nearly 9,000 employees across ten countries, NFI focuses on providing scalable smart mobility solutions to meet urban demands for sustainable transportation.
YTD Price Performance: -20.93%
Average Trading Volume: 363,187
Technical Sentiment Signal: Buy
Current Market Cap: C$1.36B
See more data about NFI stock on TipRanks’ Stock Analysis page.