AZZ Results Presentation Deck
ZAZZ
Q2 FY2023 Segment Results - Precoat Metals (acquisition date May 13, 2022)
Operating Income
In millions $ except percentages
Key Statistics
FY2022 Sales
•
Organic
Acquisitions
FY2023 Sales
$ 0.0
$0.0
$240.9
$240.9
Sales
$240.9
FY2023
$36.2
15.0%
00
FY2023
Quarterly impact of purchase accounting depreciation and amortization affects operating income by 280 basis points
Higher paint costs, transportation/logistics and other inflationary pressures present some headwinds for 2nd half of year
Expect typical, seasonally-lower volumes in 2nd half of fiscal year as construction activity slows during the winter months
Q2 FY2023 EARNINGS PRESENTATION
EBITDA
$49.6
AZZ Precoat Metals Segment (APM) Summary.
Record level sales in Q2
EBITDA Margins slightly lower than expected due to labor shortages/turnover, costs associated with supply-chain challenges, and storm damage in
Columbia, South Carolina
20.6%
FY2023View entire presentation