10:38 AM EDT, 09/15/2025 (MT Newswires) -- NFI Group ( NFYEF ) , up 1.6% at last look, said it will keep its Scottish manufacturing sites open and operating.

The decision follows "intensive engagement" with the Scottish government, Scottish Enterprise and unions. Scottish First Minister John Swinney confirmed government support in a speech to workers during a visit to Alexander Dennis's Larbert site, the company said.

NFI added that a 26-week furlough scheme for roles needed to maintain future manufacturing capacity is critical to making the plan succeed.

Alexander Dennis' original consultation process began in June. Monday's proposal enables manufacturing operations in Scotland to continue and limits the expected role reductions but added that 11 roles not directly linked to Scottish manufacturing remain at risk of redundancy in the ongoing statutory consultation as it proposes further changes to its business structure.

NFI maintained its financial guidance for 2025. With its Scottish manufacturing operations continuing, NFI expects to reduce a US$14.9 million restructuring provision originally recorded in the second quarter of 2025 when it reports third-quarter 2025 financial results.

NFI shares are up $0.29, to $18.27, on the Toronto Stock Exchange.

Price: 18.25, Change: +0.27, Percent Change: +1.50