05:28 PM EDT, 07/31/2025 (MT Newswires) -- NFI Group ( NFYEF ) after trade Thursday said its second-quarter profit and revenue rose year-over-year.

The bus manufacturer earned US$10.7 million, or US$0.09 per share, in the period, up from US$3.1 million, or US$0.03 per share, a year ago. FactSet expected earnings per share of US$0.09.

Revenue rose to US$868.2 million from US$851.2 million in the year-ago quarter. FactSet consensus was US$907 million.

The company said it delivered 1,076 equivalent units (EUs) for the quarter, with 30.9% being battery- and fuel cell-electric buses. This is slightly lower than the year-ago quarter, where 1,246 EUs were delivered.

"In the UK, we are implementing targeted cost reduction actions to improve our competitive position while also working with local governments to encourage domestic UK bus manufacturing and rolling out new electric bus models," Chief Executive Paul Soubry said.

"The tariff environment continues to evolve, and we are working closely with suppliers and customers to ensure our pricing reflects their impact, he said, adding that NFI Group ( NFYEF ) remains confident in its ability to deliver its 2025 guidance.

The company is keeping its financial outlook for 2025 unchanged. It expects revenue between US$3.8 billion and US$4.2 billion, adjusted EBITDA between US$320 million and US$360 million, and return on invested capital of 9% to 12%.