BRIEF-Nfi Group Announces Fourth Quarter 2018 Deliveries, Orders And Backlog And 2019 Outlook
Published Jan 15, 2019 18:27
BRIEF-Nfi Group Announces Fourth Quarter 2018 Deliveries, Orders And Backlog And 2019 Outlook
Jan 15 (Reuters) - NFI Group Inc NFI.TO :
* NFI GROUP ANNOUNCES FOURTH QUARTER 2018 DELIVERIES, ORDERS AND BACKLOG AND 2019 OUTLOOK
* NFI GROUP INC - AT THE END OF FISCAL 2018, NFI'S TOTAL BACKLOG WAS 10,833 EUS
* NFI GROUP INC - NFI DELIVERED 1,126 EQUIVALENT UNITS IN Q4 2018, AN INCREASE OF 58 EQUIVALENT UNITS COMPARED TO Q4 2017
* NFI GROUP INC - DOES NOT EXPECT TERMINATION OF DRA TO HAVE A MATERIAL IMPACT ON FISCAL 2019 RESULTS
* NFI GROUP INC - PPE EXPENDITURES WILL DECREASE IN FISCAL 2019 AND WILL BE IN THE RANGE OF ABOUT $50 TO $60 MILLION
* NFI GROUP - FOR FISCAL 2019, MANAGEMENT EXPECTS SHEPHERDSVILLE FACILITY START-UP EXPENSES TO CONTINUE TO IMPACT ADJUSTED EBITDA FOR FIRST TWO QUARTERS
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Written By: Reuters
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