May 8 (Reuters) - NFI Group Inc NFI.TO :
* NFI GROUP ANNOUNCES FIRST QUARTER 2019 RESULTS
* Q1 ADJUSTED EARNINGS PER SHARE $0.26
* QTRLY REVENUE OF $567 MILLION DECREASED BY 2%
* Q1 EARNINGS PER SHARE $0.26
* OVERALL BID UNIVERSE INCREASED BY 5% FROM 2018 Q4 TO 24,532 EUS IN QUARTER, WITH ACTIVE BIDS UP BY 24.1%.
* OUTLOOK FOR HEAVY-DUTY TRANSIT BUS MARKET REMAINS HEALTHY
* PRIVATE MOTOR COACH IS EXPECTED TO CONTINUE TO EXPERIENCE SOME HEADWINDS
* DEMAND FOR LOW-FLOOR CUTAWAY AND MEDIUM-DUTY BUSES IS ENCOURAGING
* ANTICIPATES THAT A SIGNIFICANT PORTION OF MISSED HEAVY-DUTY TRANSIT DELIVERIES FROM Q1 SHOULD BE MADE UP DURING REMAINDER OF YEAR.
* UPDATED ITS FISCAL 2019 DELIVERY GUIDANCE
* 2019 Q1 FINANCIAL RESULTS NEGATIVELY IMPACTED BY ADVERSE WEATHER, CHASSIS SUPPLY DISRUPTION AND LOWER SEASONAL VOLUMES IN MOTOR COACH
* MANAGEMENT'S FISCAL 2019 GUIDANCE IS NOW REVISED TO 4,410 EUS
* DOES NOT EXPECT NEGATIVE Q1 FACTORS TO REPEAT IN Q2
* ON MARCH 13, APPROVED AN INCREASE IN ANNUAL DIVIDEND RATE FROM C$1.50 PER SHARE TO C$1.70 PER SHARE
* ANTICIPATES THAT A SIGNIFICANT PORTION OF MISSED HEAVY-DUTY TRANSIT DELIVERIES FROM 2019 Q1 SHOULD BE MADE UP DURING REMAINDER OF YEAR