Blue Bird(US:BLBD)2025-05-07 20:58Financial Performance Highlights - Blue Bird achieved record quarterly sales of $359 million, a $13 million increase compared to FY2024 Q2[20, 57] - The company's Adjusted EBITDA for Q2 was $49 million, up $3 million from the same period last year[20, 57] - Adjusted Free Cash Flow for the quarter reached $19 million[20] - The Adjusted EBITDA margin was 13.7%, an increase of 0.5 percentage points year-over-year[30] - For the first half of FY2025, net sales reached $673 million, a $9 million increase compared to the first half of FY2024[28] - First half Adjusted EBITDA was $95 million, up $2 million from the previous year[28] Alternative Power and EV Focus - Alternative power sales accounted for 57% of the sales mix[20] - The firm order backlog for EVs is approximately $233 million[20] - Blue Bird has over 1,100 EVs booked and in backlog[20] Guidance and Outlook - The company is maintaining its full-year revenue guidance of $1.425 billion to $1.475 billion[41, 43] - Blue Bird confirmed its full-year Adjusted EBITDA guidance of $200 million, with an approximate 14% margin[43, 45]