NFI provides update on supply chain disruptions and 2021 guidance
Availability of parts, components and chassis will impact anticipated revenue levels, with the lower end of the range reflecting the potential for further negative impacts of supply chain disruptions.
- Availability of parts, components and chassis will impact anticipated revenue levels, with the lower end of the range reflecting the potential for further negative impacts of supply chain disruptions.
- The Company expects to generate $29 million of savings from NFI Forward in 2021.
- The lower end of the Adjusted EBITDA range is calculated using scenarios where production continues to be negatively impacted by supply chain disruptions and increased impacts from COVID-19.
- COVID-19 and Supply Chain Disruptions:The guidance ranges provided above are based on current expectations the impacts COVID-19 and supply chain disruptions may have on NFIs financial results for the remainder of 2021.