EX-99.2 3 ex99-2fininfo.htm FINANCIAL AND OTHER STATISTICAL INFO ex99-2fininfo.htm


 
Exhibit 99.2

AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousand except per share amount)

   
Actual
Year to Date
May 31, 2008
   
Projected
Year Ended
February 28, 2009
 
Net Sales:
           
   Electrical and Industrial Products
  $ 52,006     $ 220,000 to $225,000  
   Galvanizing Services
  $ 47,952     $ 190,000 to $200,000  
        Total Sales
  $ 99,958     $ 410,000 to $425,000  
                 
Diluted earnings per share
  $ .82     $ 2.95 to $3.05  
                 
Net Sales by Market Segment:
               
Power Generation
            55,000  
Transmission and Distribution
            120,000  
Industrial
            242,000  
      Total Company Sales
          $ 417,500  
                 
Electrical and Industrial Products
               
Revenues by Industry:
               
  Power Generation
            19 %
  Transmission and Distribution
            46 %
  Industrial
            35 %
                 
Galvanizing Services
               
Revenues by Industry:
               
  Electrical and Telecommunications
            24 %
  OEM’s
            21 %
  Industrial
            29 %
  Bridge and Highway
            5 %
  Petro Chemical
            21 %
                 
Operating Margins:
               
   Electrical and Industrial Products
    15.3 %  
15.5% to 16.5%
 
   Galvanizing Services
    27.9 %  
23% to 24%
 
                 
Cash Provided By (Use In) Operations
  $ (1,884 )   $ 30,000  
Capital Expenditures
  $ 4,753     $ 12,500  
Depreciation and Amortization of Intangible Assets and Debt Issue Cost
  $ 3,039     $ 11,500  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    52 %     54 %
   Galvanizing Services
    48 %     46 %