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 generates news across two distinct business segments with different operational rhythms. The Energy segment produces announcements related to electrical equipment contracts, nuclear industry certifications, and specialty service expansions, while the Galvanizing segment news typically covers facility acquisitions, capacity expansions, and market conditions affecting steel fabrication volumes. Quarterly earnings reports reveal how each segment performs under varying industrial and infrastructure spending conditions.
The company's acquisition activity provides regular news flow, as expanding the galvanizing facility network or adding capabilities to the Energy segment represents core growth strategies. Contract awards in electrical equipment manufacturing, particularly for large utility or industrial projects, signal backlog trends. News about the nuclear-qualified portion of the business carries particular significance given the limited number of certified suppliers serving this market.
Infrastructure spending policies, utility capital budgets, and construction activity levels all influence AZZ's business environment and generate relevant news context. Following the company's news provides insight into how manufacturers serving industrial and infrastructure markets navigate economic cycles, manage capital-intensive facility networks, and balance custom manufacturing with standardized service offerings.
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.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its participation in two virtual equity conferences in September 2024. David Nark, Senior VP of Marketing, Communications, and Investor Relations, will represent AZZ at both events:
1. Sidoti Small Cap Conference on September 18-19, with one-on-one meetings on September 18th.
2. Noble Capital Markets' Basic Industries Equity Conference on September 25-26, with one-on-one meetings on both days.
Investors interested in meeting with AZZ can contact Three Part Advisors to schedule appointments.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its participation in two virtual investor conferences in August 2024. David Nark, Senior VP of Marketing, Communications, and Investor Relations, will represent AZZ at both events:
1. Seaport Research Conference (August 20-21, 2024): AZZ will host one-on-one meetings on both days.
2. Granite Research Conference (August 22-23, 2024): AZZ will conduct small group meetings on August 22.
Investors interested in scheduling meetings with AZZ can contact Three Part Advisors representatives Sandy Martin or Phillip Kupper.
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