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BRIEF-NFI Group Announces Q3 2018 Deliveries, Orders And Backlog

Published 2018-10-15, 06:06 p/m
Updated 2018-10-15, 06:10 p/m
© Reuters.  BRIEF-NFI Group Announces Q3 2018 Deliveries, Orders And Backlog

Oct 15 (Reuters) - NFI Group Inc NFI.TO :

* NFI GROUP ANNOUNCES THIRD QUARTER 2018 DELIVERIES, ORDERS AND BACKLOG

* NFI GROUP - AT END OF Q3 2018, NFI'S TOTAL BACKLOG WAS 11,110 EUS (VALUED AT $5.51 BILLION) COMPARED TO 11,685 EUS (VALUED AT $5.80 BILLION) AT END OF Q2 2018

* NFI GROUP INC - DELIVERED 1,035 EQUIVALENT UNITS IN Q3 2018, AN INCREASE OF 158 EUS COMPARED TO Q3 2017 AND A DECREASE OF 124 EUS FROM Q2 2018

* NFI GROUP INC - TOTAL INVENTORY AT SEPT 30, 2018 DECREASED 19 EQUIVALENT UNITS FROM PREVIOUS QUARTER TO 571 EQUIVALENT UNITS

* NFI GROUP INC - NEW ORDERS IN Q3 2018 TOTALED 757 EUS

* NFI GROUP INC - CONTINUES TO ANTICIPATE STABLE PRIVATE SECTOR DEMAND FOR MOTOR COACHES THROUGH 2018

* NFI GROUP INC - DOES NOT ANTICIPATE ANY MATERIAL IMPACT ARISING FROM ANY OF CHANGES IN USMCA FROM NAFTA TO ITS BUSINESS

* NFI GROUP INC - MANAGEMENT NOW EXPECTS TO DELIVER 4,390 EUS IN FISCAL 2018

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