Stifel Starts Blue Bird Corp (BLBD) at Buy

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Go back to Stifel Starts Blue Bird Corp (BLBD) at Buy

Blue Bird Delivers Strong Fiscal 2015 Financial Performance

December 15, 2015 7:06 AM EST

Fourth 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