NFI Group's Alexander Dennis Secures Order for 60 Double-Deck Buses
NFYEF has more than doubled off its 52-week low of $7.8.
Summary
NFI Group's subsidiary, Alexander Dennis, has secured a firm order from Lothian Buses for 60 new Volvo B8L tri-axle double-deckers. Alexander Dennis will provide the Enviro400XLB bodies for these low-emission buses, which are longer than standard to enhance accessibility and capacity. This order demonstrates continued sales momentum for NFI Group's bus manufacturing segment, following a strong Q4 2025 earnings report. The deal also highlights ongoing collaboration with Volvo Buses and a key customer.
At the time of this announcement, NFYEF was trading at $16.63 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $2B. The 52-week trading range was $7.80 to $16.92. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.