EX-99.1 3 ex9913qpresentation.htm AZZ PRESENTATION 3Q PROJECTED ex9913qpresentation.htm
January 2009
 
 
 
2
 Except for the statements of historical fact, this release 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 customer demand and response to products
 and services offered by the company, including demand by the electrical power
 generation markets, electrical transmission and distribution markets, the industrial
 markets, and the hot dip galvanizing markets; prices and raw material costs, including
 zinc and natural gas which are used in the hot dip galvanizing process and steel,
 aluminum and copper which are used in the electrical and industrial segment; 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, currency fluctuations, and availability of experienced management
 employees to implement the company's growth strategy. 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 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
44%
45%
56%
55%
Actual
FY2008
$320.2
(in millions)
Projected
FY2009
$420 to $430
(in millions)
Projected
FY2010
$420 to $440
(in millions)
41%
59%
Galvanizing
Electrical and Industrial
4
 
 
 
Total Company
Sales By Market Segment
Actual
FY2008
$320.2
(in millions)
Projected
FY2009
$420 to $430
(in millions)
Projected
FY2010
$420 to $440
(in millions)
5
 
 
 
6
Industrial Utilization
Federal Reserve Statistical Release
 
 
 
Electrical and Industrial Products
7
 
 
 
Electrical and Industrial Products
Projected
2010
$250 to $260
(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
3rd Qtr
2009
Beginning Backlog
$73.8
$120.7
$134.9
$155.0
$190.8
Bookings
$307.2
$334.4
$106.8
$139.0
$113.3
Shipments
$260.3
$320.2
$99.9
$103.2
$108.8
Ending Backlog
$120.7
$134.9
$141.8
$190.8
$195.3
Book to Ship Ratio
118%
104%
107%
135%
104%
Backlog
($ In Millions)
 
 
 
Galvanizing Services
 
 
 
Application: “After-fabrication”
steel corrosion protection
Locations: 20 facilities in 11 states
16
 
 
 
17
Galvanizing Services
Projected
FY2009
Projected
FY2010
 
 
 
 
 
 
19
Consolidated Net Sales
($ In Millions)
$420
to $430
$420
to $440
 
 
 
20
Consolidated Net Sales
First Nine Months FY09
($ In Millions)
 
 
 
21
Earnings Per Share
(Fully Diluted)
 
 
 
22
Earnings Per Share
First Nine Months FY09
(Fully Diluted)
 
 
 
23
Operating Margins
 
 
 
24
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
Projected Cash
Fiscal Year
 
 
 
27
Capital Expenditures/Depreciation
($ In Millions)
$14.5
 
 
 
28
Return On Assets