Stephen King
Vice President, Strategy and Investor Relations
Replay available
NFI Group Inc. (TSX: NFI) Q3 2025 earnings conference call, held 2025-11-07. Replay captured from the company's public earnings webcast.

Vice President, Strategy and Investor Relations
President and Chief Executive Officer
Chief Financial Officer
Analyst, ATB Capital Markets
Analyst, CIBC
Analyst, Stifel
Analyst, Bank of America
Analyst, National Bank Capital
Please be advised that today's conference is being recorded. I would now like to turn the conference over to Stephen King, Vice President, Strategy and Investor Relations. Please go ahead. Thank you, Michelle. Good morning, everyone, and welcome to our conference call. Joining me today are Paul Subri, President and Chief Executive Officer, and Brian Dusniff, Chief Financial Officer. On today's call, we will give an update on our quarterly results, highlighting the continued improvement in our overall margins and unit economics as we convert our strong backlog. We'll also provide an update on the non-recurring battery warranty that impacted the quarter and recap our outlook. This call is being recorded, and a replay will be made available shortly. We will be referring to a presentation that can be found in the financials and filing section of the NFI Group website. As we move through the slides via the webcast link, we will call out the slide number. On slide two, we provide our cautionary or forward-looking statements and note that certain financial measures referenced today are not recognized earnings measures and do not have standardized meanings described by International Financial Reporting Standards, or IFRS. We advise listeners to view our press releases and other public findings on CEDAR for more details. In the appendage of this presentation, we have provided a list of key terms and definitions that will be used on today's call. A reminder that NFI statements are presented in U.S. dollars, the company's reporting currency, and all amounts referred to are in U.S. dollars unless otherwise noted. Slides three and four provide a brief overview of our company. NFI is a global independent bus and motor coach mobility solutions provider. We offer a wide range of pro...