EX-99.1 2 azzpresentfy09q2.htm AZZ PRESENTATION FY09Q2 azzpresentfy09q2.htm
September 2008
 
 
 
2
 Except for the statements of historical fact, this presentation may contain
 forward-looking statements that involve risks and uncertainties some of which
 are detailed from time to time in documents filed by the Company with the
 SEC. Those risks and uncertainties include, but are not limited to: changes in
 demand, prices and raw material costs, including zinc and natural gas which
 are used in the hot dip galvanizing process; changes in the economic
 conditions of the various markets the Company serves, foreign and domestic,
 customer requested delays of shipments, acquisition opportunities, adequacy
 of financing, and availability of experienced management employees to
 implement the Company’s growth strategy; and customer demand and
 response to products and services offered by the Company. The Company can
 give no assurance that such forward-looking statements will prove to be
 correct. We undertake no obligation to affirm, publicly update or revise any
 forward-looking statements, whether as a result of new information, future
 events or otherwise.
Forward Looking Statement
 
 
 
3
 AZZ is a specialty electrical equipment
 manufacturer serving the global markets of power
 generation, transmission, distribution and
 industrial as well as a leading provider of hot dip
 galvanizing services to the steel fabrication
 market nationwide.
Company Overview
 
 
 
Total Company
Sales By Segment
42%
44%
58%
56%
FY2007
$260.3
(in millions)
FY2008
$320.2
(in millions)
Projected
FY2009
$420 to $430
(in millions)
45%
55%
Galvanizing
Electrical and Industrial
4
 
 
 
Total Company
Sales By Market Segment
FY2007
$260.3
(in millions)
FY2008
$320.2
(in millions)
Projected
FY2009
$420 to $430
(in millions)
5
 
 
 
6
Industrial Utilization
Federal Reserve Statistical Release
 
 
 
Electrical and Industrial Products
7
 
 
 
Electrical and Industrial Products
FY2007
$150.3
(in millions)
FY2008
$179.1
(in millions)
Projected
FY2009
$230 to $235
(in millions)
8
 
 
 
Power Generation
9
 
 
 
Power Transmission
10
 
 
 
Power Distribution
11
 
 
 
Industrial / Commercial
12
 
 
 
13
Backlog
($ In Millions)
 
 
 
14
 
Fiscal
2007
Fiscal
2008
1st Qtr
2009
2nd Qtr
2009
Beginning Backlog
$73.8
$120.7
$134.9
$141.8
Bookings
$307.2
$334.4
$106.8
$139.0
Acquired Backlog
-
-
-
$13.2
Shipments
$260.3
$320.2
$99.9
$103.2
Ending Backlog
$120.7
$134.9
$141.8
$190.8
Book to Ship Ratio
118%
104%
107%
135%
Backlog
($ In Millions)
 
 
 
Galvanizing Services
 
 
 
Application: “After-fabrication”
steel corrosion protection
Locations: 20 facilities in 11 states
16
 
 
 
17
Galvanizing Services
 
 
 
 
 
 
19
Consolidated Net Sales
($ In Millions)
$420
to $430
 
 
 
20
Consolidated Net Sales
First Six Months FY09
($ In Millions)
 
 
 
21
Earnings Per Share
(Fully Diluted)
 
 
 
22
Earnings Per Share
First Six Months FY09
(Fully Diluted)
 
 
 
23
Operating Margins
 
 
 
24
Operating Margins
First Six Months FY09
Electrical and Industrial
Products
 
 
 
25
Cash Provided By Operations/
EBITDA/Free Cash Flow
($ In Millions)
Projected
 
 
 
26
Total Bank Debt/ Long Term Debt to Equity
($ In Millions)
Projected Debt
Projected Debt to Equity Ratio
Fiscal Year
 
 
 
27
Capital Expenditures/Depreciation
($ In Millions)
$11.5
 
 
 
28
Return On Assets