Slide 1: Advancing with Confidence
ADVANCING . witH CONFIDENCE AZZ NYSE
Slide 2: Forward Looking Statement
2 Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as, “may,” “should,
Slide 3: Company Overview
3 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
43% 57% 57% 43% 60% 40% 4 Total Company Sales By Segment Actual FY2010 $357 (in millions) Actual FY2011 $381 (in millions) Projected FY2012 $425 to $450 (in millions) Galvanizing Electrical and Industrial
Slide 5: Total Company Sales By Market Segment
5 Total Company Sales By Market Segment Actual FY2010 $357 (in millions) Actual FY2011 $381 (in millions) Projected FY2012 $425 to $450 (in millions)
Slide 6: Electrical and Industrial Products
6 Electrical and Industrial Products
Slide 7: Electrical and Industrial Products
7 Electrical and Industrial Products Actual FY2010 $203.5 (in millions) Actual FY2011 $163 (in millions) Projected FY2012 $170 to $185 (in millions)
Slide 8: Advancing with Confidence: Generation
ADVANCING witH CONFIDENCE GENERATION
Slide 9: Advancing with Confidence: Transformer
ADVANCING witH CONFIDENCE Transformer id .
Slide 10: Advancing with Confidence
ADVANCING witH CONFIDENCE
Slide 11: Advancing with Confidence
~ ADVANCING ~ witH CONFIDENCE
Slide 12: Backlog
12 Backlog ($ In Millions)
Slide 13: Backlog ($ In Millions)
13 Fiscal 2010 1st Qtr 2011 2 nd Qtr 2011 3 rd Qtr 2011 4 th Qtr 2011 Fiscal 2011 Beginning Backlog $174.8 $109.9 $110.0 $106.4 $101.7 $109.9 Bookings $292.1 $78.6 $95.0 $98.1 $107.4 379.1 Shipments $357.0 $77.5 $99.6 $102.8 $100.7 $380.6 Ending Backlog $109.9 $111.0 $106.4 $101.7 $108.4 $108.4 Book
Slide 14: Advancing with Confidence
ADVANCING witH CONFIDENCE
Slide 15: Application: After-fabrication
15 Application: “After-fabrication” steel corrosion protection Locations: 33 facilities in 17 states
Slide 16: Galvanizing Services
16 Galvanizing Services Actual FY2011 $218 (in millions) Projected FY2012 $255 to $265 (in millions)
Slide 17: Consolidated Net Sales
Consolidated Net Sales ($ In Millions) $425 to $450
Slide 18: Earnings Per Share
18 Earnings Per Share (Fully Diluted) $2.70 to $3.05
Slide 19: Operating Margins by Segment
ADVANCING with CONFIDENCE Electrical and Industrial Galvanizing Services Products 30108 30.0% 28.5% 29-2% 20.0% ay, a 24.9% 26.1% (26% 2% Th ie7% 25.0% 1 ga : 14% 14.0% 20.0% 120% 15.0% 10.0% 8.0% 10.0% 6.0% 4.0% 5.0% 2.0% 0.0% 0.0% 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 ™ Actual ™ Projec
Slide 20: Cash Provided By Operations / EBITDA / Free Cash Flow
Cash Provided By Operations / EBITDA / Free Cash Flow ($ In Millions) Projected
Slide 21: Projected Debt
21 Projected Debt Projected Debt to Equity Ratio Projected Cash Fiscal Year
Slide 22: Capital Expenditures / Depreciation
Capital Expenditures / Depreciation ($ In Millions) $21.0
Slide 23: Segment Percentages by Year
ADVANCING with CONFIDENCE Electrical and Industrial a ‘ t ° i producte ustria Galvanizing Services e 30% 29% 29% 50% & 49% ¢ 26% 50% 46% 25% pe 22% 21.0% 40% “ 20% 32% 30% 27.0% 15% 10% 20% 5% 10% 0% 0% BOOT! 2008, (2008 2010 2011 2007 2008 2009 2010 2011 a ty a3
Slide 24: Investment Summary
24 Investment Summary • Strong Historical Performance • FY11 is the 24 th consecutive year of profitability • 5 Yr CAGR - Revenues 15%, Net Income 35%, EPS 32% • Significant Operating Margins (above industry averages) • Key Growth Drivers • Domestic & international demand for electrical power and en
Slide 25: Advancing with Confidence
ADVANCING . witH CONFIDENCE AZZ NYSE