EX-99.2 4 exhibit992.htm OTHER FINANCIAL INFO exhibit992.htm


Exhibit 99.2

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

   
Actual
Year to Date
February 28, 2009
   
Projected
Year Ended
February 28, 2010
 
Net Sales:
           
   Electrical and Industrial Products
  $ 225,797     $ 245,000 to $255,000  
   Galvanizing Services
  $ 186,567     $ 150,000 to $160,000  
        Total Sales
  $ 412,364     $ 395,000 to $415,000  
                 
Diluted earnings per share
  $ 3.43     $ 2.75 to $2.95  
                 
Net Sales by Market Segment:
               
Power Generation
    13 %     17 %
Transmission and Distribution
    29 %     33 %
Industrial
    58 %     50 %
                 
Electrical and Industrial Products
               
Revenues by Industry:
               
  Power Generation
    18 %     22 %
  Transmission and Distribution
    46 %     48 %
  Industrial
    36 %     30 %
                 
Galvanizing Services
               
Revenues by Industry:
               
  Electrical and Telecommunications
    24 %     28 %
  OEM’s
    21 %     16 %
  Industrial
    29 %     24 %
  Bridge and Highway
    5 %     9 %
  Petro Chemical
    21 %     23 %
                 
Operating Margins:
               
   Electrical and Industrial Products
    17.2 %  
17% to 18
 %
   Galvanizing Services
    28.5 %  
24% to 25.5
 %
                 
Cash Provided By Operations
  $ 60,196     $ 75,000  
Capital Expenditures
  $ 20,008     $ 14,000  
Depreciation and Amortization of Intangible Assets and Debt Issue Cost
  $ 14,542     $ 14,600  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    55 %     62 %
   Galvanizing Services
    45 %     38 %