Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousands except per share amount)
| | Actual Year to Date May 31, 2011 | | | Projected Year Ended February 29, 2012 | |
Net Sales: | | | | | | |
Electrical and Industrial Products | | $ | 48,266 | | | $ | 185,000 to $195,000 | |
Galvanizing Services | | $ | 66,067 | | | $ | 265,000 to $280,000 | |
Total Sales | | $ | 114,333 | | | $ | 450,000 to $475,000 | |
| | | | | | | | |
Diluted earnings per share | | $ | .75 | | | $ | 2.90 to $3.10 | |
| | | | | | | | |
Net Sales by Market Segment: | | | | | | | | |
Power Generation | | | | | | | 20 | % |
Transmission and Distribution | | | | | | | 26 | % |
Industrial | | | | | | | 54 | % |
| | | | | | | | |
Electrical and Industrial Products | | | | | | | | |
Revenues by Industry: | | | | | | | | |
Power Generation | | | | | | | 32 | % |
Transmission and Distribution | | | | | | | 45 | % |
Industrial | | | | | | | 23 | % |
| | | | | | | | |
Galvanizing Services | | | | | | | | |
Revenues by Industry: | | | | | | | | |
Electrical and Telecommunications | | | | | | | 30 | % |
OEM’s | | | | | | | 18 | % |
Industrial | | | | | | | 32 | % |
Bridge and Highway | | | | | | | 10 | % |
Petro Chemical | | | | | | | 10 | % |
| | | | | | | | |
Operating Margins: | | | | | | | | |
Electrical and Industrial Products | | | 15.4 | % | | 13% to 15 | % |
Galvanizing Services | | | 25.9 | % | | 25% to 27 | % |
| | | | | | | | |
Cash Provided By (Used In)Operations | | $ | 9,670 | | | $ | 47,500 | |
Capital Expenditures | | $ | 4,558 | | | $ | 23,000 | |
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | | $ | 5,800 | | | $ | 21,000 | |
Total Bank Debt | | $ | 225,000 | | | $ | 225,000 | |
| | | | | | | | |
Cash Dividend | | $ | 3,136 | | | $ | 12,700 | |
| | | | | | | | |
Percent of Business By Segment: | | | | | | | | |
Electrical and Industrial Products | | | 42 | % | | | 41 | % |
Galvanizing Services | | | 58 | % | | | 59 | % |
| |