Corporate Updates
Blue Bird (BIRD IJ): Expects sustainable revenue growth
Blue Bird (BIRD IJ)
Not rated
Analyst: Laras Nadira
Expects sustainable revenue growth
• Earnings grew 37% YoY in 2Q23
• Frequency of airport trip should boost ARPV
• Update on fleet expansion
• Expect earnings to drag due to one-off royalty fee
• Valuation