Stifel Starts Blue Bird Corp (BLBD) at Buy
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Blue Bird Delivers Strong Fiscal 2015 Financial Performance
December 15, 2015 7:06 AM UTCFourth Quarter Adjusted EBITDA of $29 Million up 53% Over Prior Year
Full-Year Bus Unit Volume Up 8% Over Prior Year
FORT VALLEY, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal fourth quarter and full-year results.
Highlights
Delivered full-year net sales of $919 million and Adjusted EBITDA of $73 million1, excluding $3 million in ongoing public company costs, in line with fiscal year 2015 guidance... More