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PRNewsWire
4 days ago
AZZ Inc. Reports Fiscal Year 2026 Second Quarter Results
Solid Quarterly Results Highlight Growth in Sales, EPS and Cash Flow Fiscal Year 2026 Guidance Remains Unchanged FORT WORTH, Texas , Oct. 8, 2025 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the second quarter ended August 31, 2025. Fiscal Year 2026 Second Quarter Overview (as compared to prior fiscal year second quarter(1)): Total Sales of $417.3 million, up 2.0% Metal Coatings sales of $190.0 million, up 10.8% Precoat Metals sales of $227.3 million, down 4.3% Net Income of $89.3 million, up 152.3%; Adjusted net income of $46.9 million, up 13.8% GAAP diluted EPS of $2.95 per share, up 150.0%; Adjusted diluted EPS of $1.55, up 13.1% Consolidated Adjusted EBITDA of $88.7 million or 21.3% of sales, versus prior year of $91.9 million, or 22.5% of sales Segment Adjusted EBITDA margin of 30.8% for Metal Coatings and 20.2% for Precoat Metals Infrastructure Solutions Adjusted EBITDA of $(2.3) million, excluding the gain and other adjustments Cash provided by operating activities in the quarter of $58.4 million, up 23% from last year Completed the acquisition of a galvanizing facility in Canton, Ohio for $30.1 million Cash dividend of $0.20 per share to common shareholders paid during the quarter (1) Adjusted Net Income, Adjusted EPS, Adjusted EBITDA, and net leverage ratio are non-GAAP financial measures as defined and reconciled in the tables below.