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Blue Bird Fiscal Second Quarter Results

2015-05-20 07:33:41| Automakers - Topix.net

Net loss from continuing operations of $11.1 million, compared with net income from continuing operations of $7.6 million for the second quarter last year Continued strong momentum in propane-powered bus sales with significant demand from new customers; on track to deliver planned double-digit growth for the full year First school bus manufacturer to offer shorter wheelbase propane-powered Type C Bus for compact urban environments and electronic stability control feature to help mitigate or possibly prevent loss-of-control Delivering strong sales growth through Micro Bird ; first-to-market with the new, fuel-efficient Ford Transit chassis deployed in Micro Bird's all-new T-Series Reaffirming full-year guidance of net sales of $918-940 million and Adjusted EBITDA2 of $72-75 million; forecasting full year adjusted free cash flow of $35-40 million "I am pleased with our second quarter ... (more)

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