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AZZ Inc. to Review Third Quarter Fiscal Year 2021 Financial Results on Monday, January 11, 2021
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the third quarter fiscal year 2021 at 11:00 a.m. ET on Monday, January 11, 2021. The Company will issue a press release reporting third quarter fiscal year 2021 financial results before the market open on January 11, 2021.
AZZ Inc. Announces Strategic and Financial Initiatives to Enhance Shareholder Value
AZZ Inc. (NYSE:AZZ), today announced strategic and financial initiatives to enhance shareholder value. AZZ is conducting a comprehensive Board-led review of its portfolio and capital allocation and has engaged leading independent financial, legal and tax advisors in support of this review. These actions will allow AZZ to accelerate the strategy to become a focused metal coatings company and more rapidly enhance shareholder value.
AZZ Inc. Appoints Philip A. Schlom as Chief Financial Officer
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced the appointment of Philip A. Schlom as Senior Vice President and Chief Financial Officer of the Company, effectively immediately. Mr. Schlom has been serving the Company as Interim Chief Financial Officer since May 2020.
AZZ Inc. Announces the Divestiture of the AZZ SMS LLC Business
FORT WORTH, TX – AZZ Inc. (NYSE:AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced that it has completed the divestiture of its AZZ SMS LLC (“SMS” or “Field Services”) operating business unit to Mid-State Machine and Fabricating Corporation (“Mid-State Industrial Maintenance” or “MidState”), a privately held company based in Lakeland, Florida. Mid-State acquired the SMS business and assumed a 26,155 square foot facility located in St. Petersburg, Florida. Terms of the transaction were not disclosed and are subject to customary terms and conditions.
AZZ Inc. Reports Second Quarter Fiscal Year 2021 Results; Generates Adjusted EPS of $0.49 Excluding Restructuring Charges
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services today announced financial results for the second quarter of fiscal year 2021, ended August 31, 2020.
AZZ Inc. Announces Key Management Promotion and Renaming of Energy Segment to Infrastructure Solutions
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services today announced the promotion of Gary Hill to Chief Operating Officer of Infrastructure Solutions. The Company also announced its intent to rename the Energy Segment to Infrastructure Solutions, more accurately reflecting the strategic focus of the segment going forward.
AZZ Inc. Announces Fiscal Year 2021 Second Quarter Cash Dividend of $0.17 Per Share
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on November 04, 2020, to shareholders of record as of the close of business on October 21, 2020.
AZZ Inc. to Review Second Quarter Fiscal Year 2021 Financial Results on Tuesday, October 13, 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the second quarter fiscal year 2021 at 11:00 a.m. ET on Tuesday, October 13, 2020. The Company will issue a press release reporting second quarter fiscal year 2021 financial results before the market open on October 13, 2020.
AZZ Inc. to Present at Sidoti’s Fall 2020 Investor Conference September 23, 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, announced today that Tom Ferguson, Chief Executive Officer, Philip Schlom, Interim Chief Financial Officer and David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Sidoti’s Fall 2020 Investor Conference at 1:00 p.m. ET on Wednesday, September 23, 2020, on a virtual platform.
AZZ Inc. to Present at CL King’s 18th Annual Best Ideas 2020 Conference on September 16, 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, announced today that Tom Ferguson, Chief Executive Officer, Philip Schlom, Interim Chief Financial Officer and David Nark, Senior Vice President, Marketing and Communications, will present at CL King’s 18th Annual Best Ideas 2020 Conference at 2:45 p.m. ET on Wednesday, September 16, 2020, on a virtual platform.
AZZ Inc. Announces the Divestiture of its Galvabar Business
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, announced today that it has successfully completed divesting its Galvabar business. Terms of the transaction were not disclosed.
AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2021; Generates EPS of $0.21 in the Midst of COVID-19 Disruptions
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services today announced financial results for the first quarter of fiscal year 2021, ended May 31, 2020.
AZZ Inc. Announces Key Management Promotions
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced the promotions of Bryan Stovall to Chief Operating Officer of AZZ’s Metal Coatings Segment and David Nark to Senior Vice President of Strategic Marketing, Communications and Investor Relations.
AZZ Inc. Announces Fiscal Year 2021 First Quarter Cash Dividend of $0.17 Per Share
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on August 3, 2020, to shareholders of record as of the close of business on July 20, 2020
AZZ Inc. to Review First Quarter Fiscal Year 2021 Financial Results on Thursday, July 9, 2020
Fort Worth, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the first quarter fiscal year 2021 at 11:00 a.m. ET on Thursday, July 9, 2020. The Company will issue a press release reporting first quarter fiscal year 2021 financial results before the market open on July 9, 2020.
AZZ Inc. to Present at the UBS Global Industrials and Transportation Virtual Conference on June 3, 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, announced today that Tom Ferguson, Chief Executive Officer, will present at the UBS Global Industrials and Transportation Virtual Conference at 2:10 p.m. ET on June 3, 2020.
AZZ Inc. Announces Departure of Paul W. Fehlman and Appoints Philip Schlom as Interim Chief Financial Officer
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that Paul W. Fehlman, Senior Vice President and Chief Financial Officer, will be leaving the Company on May 31, 2020 to pursue other business opportunities. The Company has appointed Philip Schlom, the Company’s Vice President, Chief Accounting Officer, to assume the role of Interim Chief Financial Officer. The Company plans to conduct a comprehensive search to find a permanent Chief Financial Officer.
AZZ Inc. Reports Financial Results for Fiscal Year 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, issued its 2020 audited consolidated financial statements contained in the Company’s Fiscal Year 2020 Annual Report on Form 10-K for the year ended February 29, 2020.
AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on May 21, 2020, to shareholders of record as of the close of business on May 7, 2020.
AZZ Inc. to Review Fourth Quarter and Fiscal Year 2020 Financial Results on Wednesday, April 29, 2020
FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2020 at 11:00 a.m. ET on Wednesday, April 29, 2020. The Company will issue a press release reporting fourth quarter and fiscal year 2020 financial results before the market open on April 29, 2020.
AZZ Inc. Announces Completion of the Nuclear Logistics LLC Divestiture
FORT WORTH, TX – AZZ Inc. (NYSE:AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that it has completed the previously announced divestiture of Nuclear Logistics LLC (“NLI”) to Paragon Energy Solutions. Terms of the transaction were not disclosed, and were subject to customary closing terms and conditions.
AZZ Inc. Announces the Divestiture of its Nuclear Logistics LLC Operating Business to Paragon Energy Solutions
FORT WORTH, TX – AZZ Inc. (NYSE:AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that it has entered into an agreement to divest its Nuclear Logistics LLC (“NLI”) operating business unit to Paragon Energy Solutions, LLC (“Paragon”). Terms of the transaction were not disclosed, and are subject to customary closing terms and conditions, including obtaining consents on certain governmental contracts. The transaction is expected to close by the end of the fourth quarter of AZZ’s fiscal year 2020. Upon closing of the transaction, the Company expects to record a one-time, non-cash charge related to the divestiture of NLI which would be moderately offset by the realization of deal-related tax benefits to the current fiscal year 2020.
AZZ Inc. Issues Fiscal Year 2021 Guidance; Revenue of $970 Million – $1.06 Billion and Earnings per Share of $2.65 – $3.15
AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced revenue and earnings guidance for fiscal year 2021. Fiscal year 2021 refers to the 12-month period beginning March 1, 2020 and ending on February 28, 2021.
AZZ Inc. Resumes Stock Repurchases
AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced it has resumed buying back shares as part of the stock repurchase program previously authorized by AZZ’s Board of Directors (the “Board”) in 2012.