Slide 1: April 2008
April 2008 NYSE: AZZ Exhibit 99.1
Slide 2: Forward Looking Statement
Except for the statements of historical fact, this presentation may contain forward-looking statements that involve risks and uncertainties some of which are detailed from time to time in documents filed by the Company with the SEC. Those risks and uncertainties include, but are not limited to: chan
Slide 3: Company Overview
AZZ is a specialty electrical equipment manufacturer serving the global markets of power generation, transmission, distribution and industrial as well as a leading provider of hot dip galvanizing services to the steel fabrication market nationwide. Company Overview
Slide 4: Total Company Sales By Segment
42% 44% 58% 56% 45% 55% Total Company Sales By Segment FY2007 $260.3 (in millions) FY2008 $320.2 (in millions) Projected FY2009 $365 to $380 (in millions) Galvanizing Electrical and Industrial
Slide 5: Total Company Sales By Market Segment
66% 6% 28% 28% 13% 59% 55% 14% 31% Total Company Sales By Market Segment Industrial Transmission & Distribution Power Generation FY2007 $260.3 (in millions) FY2008 $320.2 (in millions) Projected FY2009 $365 to $380 (in millions)
Slide 6: Industrial Utilization
Industrial Utilization Federal Reserve Statistical Release 76.0 76.6 77.2 77.4 78.6 78.7 79.0 79.7 79.9 80.3 81.1 79.8 80.1 80.4 79.9 79.3 Quarter Ending
Slide 7: Electrical and Industrial Products
Electrical and Industrial Products
Slide 8: Electrical and Industrial Products
40% 11% 49% 42% 20% 38% 44% 20% 36% Electrical and Industrial Products Industrial Transmission & Distribution Power Generation FY2007 $150.3 (in millions) FY2008 $179.1 (in millions) Projected FY2009 $205 to $210 (in millions)
Slide 9: Power Plant
Power Plant GENERATION
Slide 10: Power Transmission
Power Transmission
Slide 11: Power Distribution
Power Distribution
Slide 12: Industrial / Commercial
ane INDUSTRIAL / COMMERCIAL >
Slide 13: Backlog ($ in Millions)
$0 $20 $40 $60 $80 $100 $120 $140 $160 Backlog ($ In Millions)
Slide 14: Backlog ($ in Millions) by Quarter
118% $120.7 $260.3 $307.2 $73.8 Fiscal 132% $144.8 $75.4 $99.5 $120.7 1st Qtr 105% $149.2 $81.6 $86.0 $144.8 nd Qtr 98% $147.1 $86.6 $84.5 $149.2 rd Qtr 104% $134.9 $320.2 $334.4 $120.7 Fiscal 84% $134.9 $76.6 $64.4 $147.1 th Qtr Book to Ship Ratio Ending Backlog Shipments Bookings Beginning Backlog
Slide 15: Galvanizing Services
Galvanizing Services
Slide 16: Galvanizing Services
Application: “After-fabrication” steel corrosion protection Locations: 20 facilities in 11 states Galvanizing Services
Slide 17: Galvanizing Services
9% 34% 19% 17% 21% Electrical & Telecommunications OEM's Industrial Bridge & Highway Petrochemical Galvanizing Services *Does not reflect AAA customer distribution
Slide 18: April 2008
April 2008 NYSE: AZZ
Slide 19: Consolidated Net Sales
Consolidated Net Sales ($ In Millions) $152.4 $187.2 $260.3 $320.2 $0.0 $50.0 $100.0 $150.0 $200.0 $250.0 $300.0 $350.0 $400.0 Fiscal Year Actual Projected $365 to $380
Slide 20: Earnings Per Share (Fully Diluted)
$0.44 $0.69 $1.82 $2.26 $2.28 to $2.42 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 Fiscal year Actual Projected Earnings Per Share (Fully Diluted)
Slide 21: Operating Margins
Electrical and Industrial Products 9.2% 14.2% 16.3% 16% 7.2% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% Actual Projected Galvanizing Services 20% 29% 24.9% 19.0% 18.4% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Actual Projected Operating Margins
Slide 22: Cash Provided by Operations/EBITDA/Free Cash Flow
Cash Provided By Operations/ EBITDA/Free Cash Flow ($ In Millions) ($5.0) $5.0 $15.0 $25.0 $35.0 $45.0 $55.0 $65.0 Fiscal Year Cash Pro. By Oper. Free Cash Flow EBITDA Projected
Slide 23: Total Bank Debt/Long Term Debt to Equity
Total Bank Debt/Long Term Debt to Equity ($ In Millions) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 0.2 0.4 0.6 0.8 1.2 Debt Debt to Equity Ratio Projected Debt Projected Debt to Equity Ratio Fiscal Year
Slide 24: Capital Expenditures/Depreciation
Capital Expenditures/ Depreciation $6.6 $6.6 $11.4 $9.9 $12.5 $8.2 $6.7 $5.6 $5.7 $0.0 $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 Projected Capital Expenditures Depreciation Projected CE Projected Depr. ($ In Millions) $11.0
Slide 25: Return On Assets
Return On Assets Electrical and Industrial Products 9% 14% 22% 26% 0% 5% 10% 15% 20% 25% 30% Galvanizing Services 21.0% 27% 49% 46% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0%
Slide 26: NYSE: AZZ
NYSE: AZZ