NEW FLYER's NEWS * Canada
* Manitoba - Big year for bus maker New Flyer Industries
New Flyer Industries had a big year in 2015 that culminated in the December purchase of crosstown highway bus company Motor Coach Industries... The Winnipeg-based company — now the undisputed No. 1 bus company in North America — reported year-end revenue of US$1.54 billion, up 6.1 per cent from the year before... While the top line grew modestly, the bottom line looked even better... Total adjusted EBITDA for the year was up 41.1 per cent to US$151.4 million, and net earnings more than doubled to US$53.9 million...
(Photo by TREVOR HAGAN / WINNIPEG FREE PRESS) -- Winnipeg, Manitoba , CAN - Winnipeg Free Press, by Martin Cash - 24 March 2016
Labels: busmakers news Canada