Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousands except per share amount)
| | Actual Year to Date August 31, 2010 | | | Projected Year Ended February 28, 2011 | |
Net Sales: | | | | | | |
Electrical and Industrial Products | | $ | 77,929 | | | $ | 163,000 to $168,000 | |
Galvanizing Services | | $ | 99,137 | | | $ | 222,000 to $227,000 | |
Total Sales | | $ | 177,066 | | | $ | 385,000 to $395,000 | |
| | | | | | | | |
Diluted earnings per share | | $ | 1.27 | | | $ | 2.70 to $2.85 | |
| | | | | | | | |
Net Sales by Market Segment: | | | | | | | | |
Power Generation | | | | | | | 18 | % |
Transmission and Distribution | | | | | | | 27 | % |
Industrial | | | | | | | 55 | % |
| | | | | | | | |
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 | | | 18.2 | % | | 15% to 17 | % |
Galvanizing Services | | | 27.0 | % | | 25% to 26 | % |
| | | | | | | | |
Cash Provided By (Used In)Operations | | $ | 8,000 | | | $ | 40,000 | |
Capital Expenditures | | $ | 5,500 | | | $ | 20,000 | |
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | | $ | 10,300 | | | $ | 20,000 | |
Total Bank Debt | | $ | 112,000 | | | $ | 100,000 | |
| | | | | | | | |
Cash Dividend | | $ | 6,200 | | | $ | 12,400 | |
| | | | | | | | |
Percent of Business By Segment: | | | | | | | | |
Electrical and Industrial Products | | | 44 | % | | | 42 | % |
Galvanizing Services | | | 56 | % | | | 58 | % |
| |
Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Millions)
| Period Ended | | | |
Backlog | 2/28/10 | | $ | 109,918 | |
Bookings | | | | 78,603 | |
Shipments | | | | 77,475 | |
Backlog | 5/31/10 | | $ | 111,046 | |
Book to Ship Ratio | | | | 1.01 | |
Bookings | | | | 95,033 | |
Shipments | | | | 99,591 | |
Backlog | 8/31/10 | | $ | 106,488 | |
Book to Ship Ratio | | | | .95 | |
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