EXHIBIT 99.1
AZZ incorporated
Financial and Other Statistical Information
(unaudited)
($ in Thousand except per share amount)
| | | | | | |
| | Actual Year to Date February 28, 2006 | | | Projected Year Ended February 28, 2007 | |
Net Sales: | | | | | | |
Electrical and Industrial Products | | $123,736 | | | $127,500 to $132,500 | |
Galvanizing Services | | $63,448 | | | $75,000 to $82,500 | |
| | | | | | |
Total Sales | | $187,184 | | | $205,000 to $215,000 | |
| | |
Diluted earnings per share | | $1.38 | | | $1.85 to $1.95 | |
| | |
AZZ incorporated | | | | | | |
Revenues by Industry: | | | | | | |
Power Generation | | 8 | % | | 5 | % |
Transmission and Distribution | | 29 | % | | 28 | % |
Industrial | | 63 | % | | 67 | % |
| | |
Electrical and Industrial Products | | | | | | |
Revenues by Industry: | | | | | | |
Power Generation | | 11 | % | | 10 | % |
Transmission and Distribution | | 39 | % | | 45 | % |
Industrial | | 50 | % | | 45 | % |
| | |
Galvanizing Services | | | | | | |
Revenues by Industry: | | | | | | |
Electrical and Telecommunications | | 20 | % | | — | |
OEM’s | | 26 | % | | — | |
Industrial | | 23 | % | | — | |
Bridge and Highway | | 5 | % | | — | |
Petro Chemical | | 26 | % | | — | |
| | |
Operating Margins: | | | | | | |
Electrical and Industrial Products | | 9.2 | % | | 10.9 | % |
Galvanizing Services | | 20.0 | % | | 22.5 | % |
| | |
Cash Provided By Operations | | $12,304 | | | $14,000 | |
Capital Expenditures | | $6,602 | | | $8,500 | |
Depreciation and Amortization of Intangible Assets and Debt Issue Cost | | $5,886 | | | $6,000 | |
Total Bank Debt | | $19,875 | | | $15,000 | |
Return on Assets: | | | | | | |
Electrical and Industrial Products | | 14 | % | | — | |
Galvanizing Services | | 27 | % | | — | |