NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. In aggregate, NFI Forward will enhance our competitive positioning, drive sales recovery and growth, and create a more efficient organization," Soubry explained. Please go to the link in the email message to retrieve your password. Get notified about our latest news & events as soon as they are posted here: Articles – 680 posts All Alexander Dennis ARBOC MCI New Flyer NFI Group Press Releases NFI Parts View the By providing my email, I consent to receiving messages from Stockhouse.See below under "Forward Looking Statements" for information relating to certain risks relating to the outcome of the transformation initiatives. NFI Group Inc. is the leading global independent bus and coach manufacturer. With 9,000 team members operating from more than 50 facilities across 10 countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under six innovative brands, with a specific focus on zero … To all frontline workers who care for others and keep our communities moving safely, thank you.NFI is a leading global independent bus and coach manufacturer, service and parts provider.Our industry-leading vehicles incorporate the latest technology and offer the widest range of environmentally responsible drive systems.Take a look at the latest news releases from all NFI brands.Disclosure Filings: To view NFI’s continuous disclosure filings with Canadian securities regulatory authorities, go to Press Releases. Aug 05, 2020. The words "believes", "anticipates", "plans", "expects", "intends", "projects", "forecasts", "estimates", "may", "will" and similar expressions are intended to identify forward looking statements. For investor inquiries, please contact: Stephen King, 204.224.6382, Stephen.King@nfigroup.comCopyright CNW Group 2020Get the latest news and updates from Stockhouse on social media CNW Group. Financial Market Data powered by QuoteMedia.
Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not or the times at or by which such performance or results will be achieved.Actual results may differ materially and adversely from management expectations as projected in such forward-looking statements for a variety of reasons, including, but not limited to, the Company's ability to successfully execute its transformational initiative and to generate the planned savings in the expected time frame or at all; management may have overestimated the amount of savings that can be generated from the implementation of the planned actions; the implementation of the transformational initiative may take longer than planned to achieve the expected savings; further restructuring and cost-cutting may be required in order to achieve the objectives set out in the transformational initiative; the estimated amount of savings generated under the transformation initiative may not be sufficient to achieve the planned benefits, such as enhancing competitive positioning, driving sales recovery and growth, improving margins, generating stronger free cash flow, enabling the Company to continue making strategic investments in products and technology, or enabling the Company to seek additional acquisitions to drive future growth; combining business units and/or the reduction of production or parts facilities may not achieve the efficiencies anticipated by management; the magnitude and length of the global, national and regional economic and social disruption being caused as a result of the global COVID-19 pandemic could materially adversely impact the Company's ability to continue operations and may require further initiatives to reduce variable and overhead costs; and the other risks and uncertainties detailed in the disclosure documents filed with the Canadian securities regulatory authorities and available on SEDAR at The Company cautions that due to the dynamic, fluid and highly unpredictable nature of the COVID-19 pandemic and its impact on global and local economies, businesses and individuals, it is impossible to predict the severity of the impact on the Company's business, operating performance and financial condition and any material adverse effects could very well be rapid, unexpected and may continue for an extended and unknown period of time. Over the past several months, our world has changed. Management will provide an update on the market impact of COVID-19, the Company's outlook and further insights on the NFI Forward framework, targets and expected restructuring costs in the Company's second quarter MD&A and during the accompanying investor conference call on With more than 9,000 team members operating from 50 facilities across ten countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI® (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. WINNIPEG, MB, July 27, 2020 /CNW/ - (TSX: NFI) NFI Group Inc. ("NFI" or the "Company"), one of the world's leading independent bus and motor coach manufacturers, today announced "NFI Forward", a transformational initiative expected to …