Welcome to our dedicated page for Azz news (Ticker: AZZ), a resource for investors and traders seeking the latest updates and insights on Azz stock.
AZZ Inc (NYSE: AZZ) delivers essential electrical infrastructure solutions and advanced metal coating services across industrial markets. This news hub provides investors and industry professionals with direct access to official announcements, strategic developments, and operational updates from the company.
Track critical information including quarterly earnings reports, facility expansions, product innovations, and leadership changes. Our curated collection features press releases covering AZZ's two core segments: engineered electrical systems for power generation and industrial applications, plus galvanizing and metal coatings that protect critical infrastructure from corrosion.
Discover updates on AZZ's specialized services ranging from nuclear safety equipment manufacturing to large-scale coil coating operations. The resource is designed for efficient monitoring of market-moving developments, partnership announcements, and technological advancements in metal finishing processes.
Bookmark this page for streamlined access to verified information about AZZ's operational milestones, ensuring you stay informed about this key player in industrial manufacturing and infrastructure protection solutions.
AZZ Inc. reported strong Q3 FY2025 results with total sales reaching $403.7 million, up 5.8% year-over-year. The company's performance was driven by growth in both segments: Metal Coatings sales increased 3.3% to $168.6 million, while Precoat Metals sales grew 7.6% to $235.1 million.
Net income rose 25% to $33.6 million, with adjusted diluted EPS of $1.39, up 16.8%. The company achieved an Adjusted EBITDA of $90.7 million, representing 22.5% of sales. Notable financial improvements include a $35 million debt reduction in Q3 and $80 million year-to-date, resulting in a net leverage ratio of 2.6x.
Based on strong performance, AZZ narrowed and raised its FY2025 guidance, projecting sales of $1.550-1.600 billion and adjusted EBITDA of $340-360 million.
AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, has rescheduled its third quarter fiscal year 2025 financial results conference call to Wednesday, January 8, 2025, at 11:00 a.m. ET. The change is due to the New York Stock Exchange closure on January 9, 2025, for a National Day of Mourning honoring former President Jimmy Carter.
The company will release its Q3 FY2025 financial results after market close on Tuesday, January 7, 2025. Interested parties can join the conference call via phone or webcast, with a replay available through January 15, 2025.
AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has scheduled its Q3 FY2025 earnings conference call for January 9, 2025, at 11:00 a.m. ET. The company will release its financial results after market close on January 8, 2025.
Investors can join the call by dialing (844) 855-9499 (domestic) or (412) 317-5497 (international). A webcast will be available on AZZ's Investor Relations page. A replay will be accessible through January 16, 2025, using access code 2492585.
AZZ Inc (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its participation in three major conferences this December 2024. David Nark, Senior VP of Marketing, Communications and Investor Relations, will represent the company at:
- Noble Capital Markets' 20th Annual Emerging Growth Conference in Boca Raton (Dec 3-4), featuring a presentation and one-on-one meetings
- Wolfe Research 2nd Annual Reshoring Conference (Dec 9-10) with virtual one-on-one meetings
- Roth Deer Valley Conference (Dec 12-13) with one-on-one meetings
AZZ Inc (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has released its 2024 Sustainability Report. The report highlights the company's progress in environmental, social, and governance (ESG) initiatives and its dedication to protecting critical infrastructure. CEO Tom Ferguson emphasized AZZ's 70-year legacy in creating safer, sustainable solutions through metal coating innovations.
The company's sustainability efforts have earned recognition from notable publications, with AZZ being featured in Newsweek's 'America's Most Responsible Companies 2024' and Forbes' 'America's Most Successful Small Companies in 2024' lists.
AZZ (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its November 2024 investor conference schedule. The company will participate in three major events: the Baird Global Industrials Conference in Chicago on November 13, where CEO Tom Ferguson, CFO Jason Crawford, and SVP David Nark will present; the NYSE Industrials Day Conference on November 19, featuring virtual meetings with David Nark; and the Three Part Advisors Southwest IDEAS Conference on November 20-21, where David Nark will present and host meetings.
AZZ Inc. reported strong fiscal year 2025 second quarter results, with total sales up 2.6% to $409.0 million. The company saw growth in both its Metal Coatings and Precoat Metals segments. Net income increased 25.0% to $35.4 million, while adjusted EBITDA rose to $91.9 million or 22.5% of sales. AZZ reduced its debt by $20.0 million in the quarter and $45 million year-to-date, lowering its net leverage ratio to 2.7x.
The company has narrowed and raised its fiscal year 2025 financial guidance, now expecting sales of $1.525 - $1.625 billion and adjusted diluted EPS of $4.70 - $5.10. AZZ also repriced its Term Loan B, reducing the borrowing rate by 75 basis points to SOFR+2.50%.
AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced a second quarter cash dividend of $0.17 per share for fiscal year 2025. The dividend will be paid on November 1, 2024, to shareholders of record as of October 18, 2024.
While AZZ intends to continue paying regular quarterly dividends, future payments will be subject to Board approval based on various factors including operating results, financial condition, and business outlook. The company remains committed to enhancing shareholder value through these considerations.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has successfully repriced its $890 million Term Loan B. The repricing reduced the interest rate margin by 75 basis points to SOFR + 250 basis points, with no changes to leverage, covenants, or the May 13, 2029 maturity date. This leverage-neutral transaction is expected to result in annual interest savings of approximately $7 million.
Since the Term Loan B's issuance in May 2022, AZZ has reduced the interest rate margin by a total of 185 basis points. The company's strong business performance and cash flow generation have enabled it to take a disciplined approach to reducing debt, strengthening its balance sheet, and improving its leverage profile following the acquisition of Precoat Metals in May 2022.
AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced a conference call to review its second quarter fiscal year 2025 financial results. The call is scheduled for Thursday, October 10, 2024, at 11:00 a.m. ET. AZZ will release its Q2 financial results press release after market close on October 9, 2024.
Interested parties can join the conference call by dialing (844) 855-9499 or (412) 317-5497 for international callers. A webcast will be available on the company's Investor Relations page. A replay of the call will be accessible until October 17, 2024, via phone or the company's website.
AZZ Inc. specializes in providing metal coating solutions that enhance the longevity and appearance of buildings, products, and infrastructure essential to everyday life.
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