Exhibit 99.2
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousands except per share amount)
| | Actual Year to Date August 31, 2012 | | | Projected Year Ended February 28, 2013 | |
Net Sales: | | | | | | |
Electrical and Industrial Products | | $ | 111,212 | | | $ | 245,000 to $260,000 | |
Galvanizing Services | | $ | 169,316 | | | $ | 330,000 to $340,000 | |
Total Sales | | $ | 280,528 | | | $ | 575,000 to $600,000 | |
| | | | | | | | |
Diluted earnings per share | | $ | 1.25 | | | $ | 2.25 to $2.40 | |
| | | | | | | | |
Net Sales by Market Segment: | | | | | | | | |
Power Generation | | | | | | | 32 | % |
Transmission and Distribution | | | | | | | 21 | % |
Industrial | | | | | | | 47 | % |
| | | | | | | | |
Electrical and Industrial Products | | | | | | | | |
Revenues by Industry: | | | | | | | | |
Power Generation | | | | | | | 46 | % |
Transmission and Distribution | | | | | | | 29 | % |
Industrial | | | | | | | 25 | % |
| | | | | | | | |
Galvanizing Services | | | | | | | | |
Revenues by Industry: | | | | | | | | |
Electrical and Telecommunications | | | | | | | 35 | % |
OEM’s | | | | | | | 15 | % |
Industrial | | | | | | | 30 | % |
Bridge and Highway | | | | | | | 10 | % |
Petro Chemical | | | | | | | 10 | % |
| | | | | | | | |
Operating Margins: | | | | | | | | |
Electrical and Industrial Products | | | 14.5 | % | | 14% to 16 | % |
Galvanizing Services | | | 27.2 | % | | 25% to 27 | % |
| | | | | | | | |
Cash Provided By (Used In)Operations | | $ | 30,165 | | | $ | 70,000 | |
Capital Expenditures | | $ | 12,562 | | | $ | 29,000 | |
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | | $ | 13,163 | | | $ | 29,000 | |
Total Bank Debt | | $ | 210,714 | | | $ | 210,714 | |
| | | | | | | | |
Cash Dividend | | $ | 6,319 | | | $ | 13,300 | |
| | | | | | | | |
Percent of Business By Segment: | | | | | | | | |
Electrical and Industrial Products | | | 40 | % | | | 43 | % |
Galvanizing Services | | | 60 | % | | | 57 | % |