Revised January 15, 2010
Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousands except per share amount)
Projected Year End February 28, 2010 | Projected Year Ended February 28, 2011 | |||||||
Net Sales: | ||||||||
Electrical and Industrial Products | $ | 200,000 to $205,000 | $ | 150,000 to $160,000 | ||||
Galvanizing Services | $ | 155,000 to $160,000 | $ | 160,000 to $170,000 | ||||
Total Sales | $ | 355,000 to $365,000 | $ | 310,000 to $330,000 | ||||
Diluted earnings per share | $ | 3.00 to $3.10 | $ | 1.85 to $2.20 | ||||
Net Sales by Market Segment: | ||||||||
Power Generation | 17 | % | 16 | % | ||||
Transmission and Distribution | 34 | % | 32 | % | ||||
Industrial | 49 | % | 52 | % | ||||
Electrical and Industrial Products | ||||||||
Revenues by Industry: | ||||||||
Power Generation | 22 | % | 20 | % | ||||
Transmission and Distribution | 48 | % | 47 | % | ||||
Industrial | 30 | % | 33 | % | ||||
Galvanizing Services | ||||||||
Revenues by Industry: | ||||||||
Electrical and Telecommunications | 28 | % | 28 | % | ||||
OEM’s | 11 | % | 11 | % | ||||
Industrial | 35 | % | 32 | % | ||||
Bridge and Highway | 8 | % | 9 | % | ||||
Petrochemical | 18 | % | 20 | % | ||||
Operating Margins: | ||||||||
Electrical and Industrial Products | 19% to 20 | % | 13.5% to 15.5 | % | ||||
Galvanizing Services | 29% to 30 | % | 24% to 26 | % | ||||
Cash Provided By (Used In)Operations | $ | 75,000 | $ | 48,000 | ||||
Capital Expenditures | $ | 14,000 | $ | 15,000 | ||||
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | $ | 17,300 | $ | 17,000 | ||||
Total Bank Debt | $ | 100,000 | $ | 100,000 | ||||
Percent of Business By Segment: | ||||||||
Electrical and Industrial Products | 57 | % | 49 | % | ||||
Galvanizing Services | 43 | % | 51 | % | ||||