Slide 1: LAZZ
LAZZ Th eT ih \MENTA NYSE
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 $420 to $430 (in millions) Galvanizing Electrical and Industrial
Slide 5: Total Company Sales By Market Segment
Total Company Sales By Market Segment FY2007 $260.3 (in millions) FY2008 $320.2 (in millions) Projected FY2009 $420 to $430 (in millions)
Slide 6: Industrial Utilization
Industrial Utilization Federal Reserve Statistical Release
Slide 7: Electrical and Industrial Products
Electrical and Industrial Products
Slide 8: Electrical and Industrial Products Sales
Electrical and Industrial Products FY2007 $150.3 (in millions) FY2008 $179.1 (in millions) Projected FY2009 $230 to $235 (in millions)
Slide 9: Power Plant Generation
FUN Power Plant GENERATION TT)
Slide 10: ‘azz } f ropes. clade:
‘azz } f ropes. clade: 9
Slide 11: Power Distribution
Power Distribution
Slide 12: Industrial / Commercial
Industrial / Commercial
Slide 13: 5.) L ail +5
5.) L ail +5 “Mazz F _FUNRAMENTALS SAELERELT ETI ER LTTE ETA MSS
Slide 14: Backlog ($ in Millions)
Fiscal Fiscal 1 st Qtr 2 nd Qtr Beginning Backlog $73.8 $120.7 $134.9 $141.8 Bookings $307.2 $334.4 $106.8 $139.0 Acquired Backlog - - - $13.2 Shipments $260.3 $320.2 $99.9 $103.2 Ending Backlog $120.7 $134.9 $141.8 $190.8 Book to Ship Ratio 118% 104% 107% 135% Backlog ($ In Millions)
Slide 15: Galvanizing Services
Galvanizing Services
Slide 16: Galvanizing Application and Locations
Application: “After-fabrication” steel corrosion protection Locations: 20 facilities in 11 states
Slide 17: Galvanizing Markets Served
Electrical & Telecommunications OEM's @ Industrial @ Bridge & Highway @ Petrochemical
Slide 18: LAZZ
LAZZ Th eT ih \MENTA NYSE
Slide 19: Consolidated Net Sales
Consolidated Net Sales ($ In Millions) $420 to $430
Slide 20: Consolidated Net Sales First Six Months FY09
Consolidated Net Sales First Six Months FY09 ($ In Millions)
Slide 21: Earnings Per Share (Fully Diluted)
Earnings Per Share (Fully Diluted)
Slide 22: Earnings Per Share First Six Months FY09
Earnings Per Share First Six Months FY09 (Fully Diluted)
Slide 23: Operating Margins by Segment
_FUNRSMI .wthis 18.0% 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Electrical and Industrial Products 16.3% 17% 2005 2006 2007 2008 2009 @ Actual @ Projected Galvanizing Services 2005 2006 2007 2008 2009 BActual Projected
Slide 24: Operating Margins First Six Months FY09
Operating Margins First Six Months FY09 Electrical and Industrial Products
Slide 25: Cash Provided By Operations/EBITDA/Free Cash Flow
Cash Provided By Operations/ EBITDA/Free Cash Flow ($ In Millions) Projected
Slide 26: Total Bank Debt/Long Term Debt to Equity
Total Bank Debt/ Long Term Debt to Equity ($ In Millions) Projected Debt Projected Debt to Equity Ratio Fiscal Year
Slide 27: Capital Expenditures/Depreciation
Capital Expenditures/Depreciation ($ In Millions) $11.5
Slide 28: Electrical and Industrial Products / Galvanizing Services
Electrical and Industrial Products 30% 26% 25% a 20% “ge 14% 10% | 9% 5% 0% 2005 2006 2007 2008 Galvanizing Services 50.0% 5 bated 40.0% 5 30.0% 27% 21.0% 20.0% - 10.0% 0.0% + 46% 2005 2006 2007 2008
Slide 29: LAZZ
LAZZ Th eT ih \MENTA NYSE