EX-99.2 4 ex992guidance.htm FYE11 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, 2010
   
Projected
Year Ended
February 28, 2011
 
Net Sales:
           
   Electrical and Industrial Products
  $ 37,161     $ 158,000 to $165,000  
   Galvanizing Services
    40,314     $ 222,000 to $230,000  
        Total Sales
  $ 77,475     $ 380,000 to $395,000  
                 
Diluted earnings per share
  $ .51     $ 2.65 to $2.80  
                 
Net Sales by Market Segment:
               
Power Generation
            17.5 %
Transmission and Distribution
            27.0 %
Industrial
            55.5 %
                 
Electrical and Industrial Products
               
Revenues by Industry:
               
  Power Generation
            21 %
  Transmission and Distribution
            44 %
  Industrial
            35 %
                 
Galvanizing Services
               
Revenues by Industry:
               
  Electrical and Telecommunications
            30 %
  OEM’s
            11 %
  Industrial
            32 %
  Bridge and Highway
            9 %
  Petro Chemical
            18 %
                 
Operating Margins:
               
   Electrical and Industrial Products
    17.8 %  
15% to 15.5
%
   Galvanizing Services
    28.5 %  
24% to 25
%
                 
Cash Provided By Operations
  $ 4,200     $ 49,000  
Capital Expenditures
  $ 2,300     $ 20,000  
Depreciation and Amortization of Intangible Assets and Debt Issue Cost
          $ 20,000  
Total Bank Debt
  $ 100,000     $ 100,000  
                 
Cash Dividend
  $ 3,100     $ 12,400  
                 
Percent of Business By Segment:
               
   Electrical and Industrial Products
    48 %     42 %
   Galvanizing Services
    52 %     58 %