Slide 1: June 2008 NYSE: AZZ
June 2008 NYSE: AZZ
Slide 2: Forward Looking Statement
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, bu
Slide 3: Company Overview
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.
Slide 4: Total Company Sales By Segment
42% 44% 58% 56% 46% 54% FY2007 $260.3 (in millions) FY2008 $320.2 (in millions) Projected FY2009 $410 to $425 (in millions) Galvanizing Electrical and Industrial Total Company Sales By Segment
Slide 5: Total Company Sales By Market Segment
FY2007 $260.3 (in millions) FY2008 $320.2 (in millions) Projected FY2009 $410 to $425 (in millions) Total Company Sales By Market Segment
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
FY2007 $150.3 (in millions) FY2008 $179.1 (in millions) Projected FY2009 $220 to $225 (in millions) Electrical and Industrial Products
Slide 9: Power Plant Generation
Is Power Plant rad GENERATION > FUNDAMENTALS
Slide 10: Power Transmission
Power Transmission
Slide 11: AZZ Incorporated Fundamentals
Tncorporated FUNDAMENTALS
Slide 12: Industrial / Commercial
Industrial / Commercial
Slide 13: $160 $140 $120 s $100 a £ L $80 x g if a $60
$160 $140 $120 s $100 a £ L $80 x g if a $60 j + | $40 $20 SELEERSPERERUEETEESI ALES 44 FUNDAMENTALS
Slide 14: Backlog, Bookings, Shipments, Book to Ship Ratio
Beginning Backlog Bookings Shipments Ending Backlog Book to Ship Ratio /t AZZ FUNDAMENTALS
Slide 15: Galvanizing Services Fundamentals
Tncorporated pl FUNDAMENTALS
Slide 16: Galvanizing Application and Locations
Application: “After-fabrication” steel corrosion protection Locations: 20 facilities in 11 states
Slide 17: Galvanizing Markets at AZZ
At AZZ @ Electrical & Telecommunications OEM's @ Industrial @ Bridge & Highway @ Petrochemical FUNDAMENTALS
Slide 18: Slide 18
Slide 19: Consolidated Net Sales
Consolidated Net Sales ($ In Millions)
Slide 20: Consolidated Net Sales First Three Months FY09
Consolidated Net Sales First Three Months FY09 ($ In Millions)
Slide 21: Earnings Per Share (Fully Diluted)
Earnings Per Share (Fully Diluted)
Slide 22: Earnings Per Share First Three Months FY09
Earnings Per Share First Three Months FY09 (Fully Diluted)
Slide 23: Electrical and Industrial Products and Galvanizing Services Margins
Electrical and Industrial Galvanizing Services Products 29% a 18.0% 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 2005 2006 2007 2008 2009 2005 2006 2007 2008 2009 m@ Actual @ Projected mActual Projected FUNDAMENTALS
Slide 24: Operating Margins First Three Months FY09
Operating Margins First Three Months FY09
Slide 25: Cash Provided By Operations / EBITDA / Free Cash Flow
Cash Provided By Operations/ EBITDA/ Free Cash Flow ($ In Millions)
Slide 26: Total Bank Debt / Long Term Debt to Equity
Fiscal Year Total Bank Debt/ Long Term Debt to Equity ($ In Millions)
Slide 27: Capital Expenditures / Depreciation
($ In Millions) Capital Expenditures/ Depreciation
Slide 28: Electrical and Industrial Products; Galvanizing Services
Electrical and Industrial Products 2005 2006 2007 2008 Galvanizing Services 50.0% 5 40.0% 5 30.0% + 20.0% + 10.0% 4 0.0% + 49% 46% 27% 21.0% 2005 2006 2007 2008 FUNDAMENTALS
Slide 29: June 2008
June 2008 NYSE: AZZ