EX-99.2 4 ex992guidance.htm GUIDANCE AND OTHER STATISTICAL INFO ex992guidance.htm


 
Exhibit 99.2

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

   
Actual
Year to Date
August 31, 2009
   
Projected
Year Ended
February 28, 2010
 
Net Sales:
           
   Electrical and Industrial Products
  $ 110,954     $ 215,000 to $220,000  
   Galvanizing Services
  $ 79,695     $ 155,000 to $160,000  
        Total Sales
  $ 190,649     $ 370,000 to $380,000  
                 
Diluted earnings per share
  $ 1.69     $ 3.00 to $3.10  
                 
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
    20.4 %  
18% to 19
 %
   Galvanizing Services
    31.5 %  
29% to 30
 %
                 
Cash Provided By (Used In)Operations
  $ 36,901     $ 62,000  
Capital Expenditures
  $ 7,546     $ 14,000  
Depreciation and Amortization of
   Intangible Assets and Debt Issue Cost
  $ 8,444     $ 14,600  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    58 %     58 %
   Galvanizing Services
    42 %     42 %