EX-99.2 3 ex992fininfo.htm PROJECTED FINANCIAL AND OTHER STATISTICAL INFO ex992fininfo.htm


 
Exhibit 99.2

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



   
Actual
Year to Date
August 31, 2008
   
Projected
Year Ended
February 29, 2008
 
Net Sales:
           
   Electrical and Industrial Products
  $ 103,965     $ 230,000 to $235,000  
   Galvanizing Services
  $ 99,253     $ 190,000 to $195,000  
        Total Sales
  $ 203,218     $ 420,000 to $430,000  
                 
Diluted earnings per share
  $ 1.74     $ 3.25 to $3.35  
                 
Net Sales by Market Segment:
               
Power Generation
            55,000  
Transmission and Distribution
            125,000  
Industrial
            245,000  
    Total Company Sales
          $ 425,000  
                 
Electrical and Industrial Products
               
Revenues by Industry:
               
  Power Generation
            20 %
  Transmission and Distribution
            51 %
  Industrial
            29 %
                 
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
    17 %  
16.5% to 17.5
 %
   Galvanizing Services
    29 %  
26% to 27
 %
                 
Cash Provided By (Used In)Operations
  $ 12,593     $ 37,500  
Capital Expenditures
  $ 9,440     $ 12,500  
Depreciation and Amortization of
   Intangible Assets and Debt Issue Cost
  $ 6,865     $ 12,000  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    51 %     55 %
   Galvanizing Services
    49 %     45 %