EX-99.2 4 ex992guidance.htm EX 99.2 Q1 GUIDANCE ex992guidance.htm


 
Exhibit 99.2

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

   
Actual
Year to Date
May 31, 2009
   
Projected
Year Ended
February 28, 2010
 
Net Sales:
           
   Electrical and Industrial Products
  $ 55,386     $ 220,000 to $230,000  
   Galvanizing Services
  $ 40,106     $ 150,000 to $160,000  
        Total Sales
  $ 95,492     $ 370,000 to $390,000  
                 
Diluted earnings per share
  $ .80     $ 2.70 to $2.90  
                 
Net Sales by Market Segment:
               
Power Generation
            18 %
Transmission and Distribution
            37 %
Industrial
            45 %
                 
Electrical and Industrial Products
               
Revenues by Industry:
               
  Power Generation
            22 %
  Transmission and Distribution
            49 %
  Industrial
            29 %
                 
Galvanizing Services
               
Revenues by Industry:
               
  Electrical and Telecommunications
            28 %
  OEM’s
            16 %
  Industrial
            27 %
  Bridge and Highway
            9 %
  Petro Chemical
            20 %
                 
Operating Margins:
               
   Electrical and Industrial Products
    19.0 %  
16% to 18
%
   Galvanizing Services
    31.9 %  
25% to 27
                 
Cash Provided By Operations
  $ 13,740     $ 45,000  
Capital Expenditures
  $ 3,709     $ 14,000  
Depreciation and Amortization of Intangible Assets and Debt Issue Cost
  $ 4,153     $ 14,600  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    58 %     58 %
   Galvanizing Services
    42 %     42 %