Azz Inc Stock Price, News & Analysis

AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, announced its participation in the upcoming Oppenheimer 20th Annual Industrial Growth Conference. The virtual conference will take place from May 5-8, 2025.

David Nark, Chief Marketing, Communications, and Investor Relations Officer, will present on May 6, 2025, at 10:30am Eastern and conduct one-on-one meetings on May 6-7. A webcast of the presentation will be available on AZZ's investor relations website with a 30-day replay option.

AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced the resumption of its $100 million Share Repurchase Program. The company has already purchased $46.8 million worth of shares, leaving $53.2 million available for future repurchases.

AZZ has implemented a 10b5-1 plan with a third-party broker to facilitate share repurchases during periods when insider trading restrictions might otherwise prevent such actions. The plan includes predetermined parameters for timing, price, and volume of purchases.

CEO Tom Ferguson emphasized that this move demonstrates the company's commitment to shareholder value while maintaining flexibility for growth initiatives and strategic capital deployment. The company retains the right to modify, suspend, or terminate the 10b5-1 plan, subject to applicable law.

AZZ Inc reported strong financial results for fiscal year 2025, with total sales reaching $1.58 billion, up 2.6% year-over-year. The company achieved record full-year sales and profitability, with adjusted EPS of $5.20 and GAAP EPS of $1.79.

Key highlights include:

• Metal Coatings sales of $665.1 million, up 1.4%
• Precoat Metals sales of $912.6 million, up 3.5%
• Net income of $128.8 million, up 26.8%
• Adjusted EBITDA of $347.9 million, representing 22% of sales

The company reduced debt by $110 million, bringing net leverage below 2.5x. For FY2026, AZZ projects sales of $1.625-$1.725 billion and adjusted EBITDA of $360-$400 million. The company expects to receive over $200 million from the AVAIL joint venture transaction in Q1 FY2026.

AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has declared a quarterly cash dividend of $0.17 per share for the fourth quarter of fiscal year 2025. The dividend will be paid on May 15, 2025, to shareholders of record as of April 24, 2025.

The company's Board of Directors will continue to review and declare future dividends on a quarterly basis, considering various factors including operating results, financial condition, and business outlook. AZZ remains focused on enhancing shareholder value through its metal coating solutions that improve the longevity and appearance of essential infrastructure and buildings.

AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, has scheduled a conference call to discuss its fourth quarter and fiscal year 2025 financial results on Tuesday, April 22, 2025, at 11:00 a.m. ET. The company will release its financial results after market close on April 21, 2025.

Investors can join the conference call by dialing (844) 855-9499 or (412) 317-5497 for international participants. A webcast replay will be available until April 29, 2025, through the company's Investor Relations page or via telephone using replay access code: 3079902.

AZZ Inc. (NYSE: AZZ) announced that AVAIL Infrastructure Solutions has agreed to sell its Electrical Products Group to nVent Electric plc for $975 million. The transaction, expected to close in first half of 2025, represents an enterprise value multiple of approximately 12.5x trailing twelve-month EBITDA.

AZZ, which holds a 40% non-controlling interest in AVAIL, will maintain its ownership stake in AVAIL's remaining Industrial Lighting and Welding Solutions Businesses, representing about 30% of pre-transaction group revenue. The company plans to use proceeds to reduce debt or fund potential M&A activity.

The divestiture aligns with AZZ's strategy to become a focused provider of metal coating solutions. The company maintains its fiscal year 2026 earnings guidance, expecting interest savings to offset the reduction in joint venture equity income.

AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has successfully completed the repricing of its $400 million Senior Secured Revolving Line of Credit. The repricing brings significant reductions in various financial terms:

• Interest rate margin decreased from 275-350 basis points to 175-275 basis points
• Commitment Fee reduced from 25-37.5 basis points to 20-30 basis points
• Letter of Credit Fees lowered from 425 basis points to 175-275 basis points

All adjustments are subject to leverage ratio step-downs. According to CFO Jason Crawford, this repricing will result in substantially lower interest costs through the facility's maturity.

AZZ, North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its participation in two major investor conferences. Jason Crawford, CFO, and David Nark, SVP of Marketing, Communications, and Investor Relations, will attend the 17th Annual Evercore ISI Industrial Conference on March 4, 2025, in New York City, and the 37th Annual Roth Conference from March 16-18, 2025, in Laguna Beach, California.

The company's management will conduct one-on-one investor meetings during both events. AZZ provides sustainable metal coating solutions that enhance the longevity and appearance of essential buildings, products, and infrastructure. Interested investors can schedule meetings through Evercore ISI or Roth representatives.

AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its participation in two major investor conferences in February 2025. David Nark, Senior Vice President of Marketing, Communications, and Investor Relations, will represent the company at:

1. Citi's 2025 Global Industrial Technology and Mobility Conference (February 17-20) at the Ritz Carlton South Beach Hotel, Miami

2. J.P. Morgan Global High Yield & Leveraged Finance Conference (February 24-26) at the Loews Miami Beach Hotel, Miami, with a presentation scheduled for February 24 at 5:15 p.m. Eastern

Management will host one-on-one investor meetings during both events. Virtual participation will not be available for the February 24 presentation. Interested investors can arrange meetings through designated conference contacts.