Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousands except per share amount)
| | Projected Year Ended February 28, 2009 | | | Projected Year Ended February 28, 2010 | |
Net Sales: | | | | | | |
Electrical and Industrial Products | | $ | 230,000 to $235,000 | | | $ | 250,000 to $260,000 | |
Galvanizing Services | | $ | 190,000 to $195,000 | | | $ | 170,000 to $180,000 | |
Total Sales | | $ | 420,000 to $430,000 | | | $ | 420,000 to $440,000 | |
| | | | | | | | |
Diluted earnings per share | | $ | 3.35 to $3.45 | | | $ | 2.75 to $2.95 | |
| | | | | | | | |
Net Sales by Market Segment: | | | | | | | | |
Power Generation | | | 13 | % | | | 16 | % |
Transmission and Distribution | | | 29 | % | | | 31 | % |
Industrial | | | 58 | % | | | 53 | % |
| | | | | | | | |
Electrical and Industrial Products | | | | | | | | |
Revenues by Industry: | | | | | | | | |
Power Generation | | | 18 | % | | | 21 | % |
Transmission and Distribution | | | 46 | % | | | 44 | % |
Industrial | | | 36 | % | | | 35 | % |
| | | | | | | | |
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 | | 16.5% to 17.5 | % | | 16.5% to 17.5 | % |
Galvanizing Services | | 27.5% to 28.5 | % | | 22% to 23 | % |
| | | | | | | | |
Cash Provided By (Used In)Operations | | $ | 37,500 | | | $ | 41,000 | |
Capital Expenditures | | $ | 13,000 | | | $ | 14,000 | |
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | | $ | 14,000 | | | $ | 14,600 | |
Total Bank Debt | | $ | 100,000 | | | $ | 100,000 | |
| | | | | | | | |
Percent of Business By Segment: | | | | | | | | |
Electrical and Industrial Products | | | 55 | % | | | 59 | % |
Galvanizing Services | | | 45 | % | | | 41 | % |
| |