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AZZ Inc. Announces Q4 and Full-Year 2024 Financial Performance Conference

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Michael Chen

April 5, 2024 - 10:30 am

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AZZ Inc. Schedules Conference Call to Discuss Q4 and Full Year 2024 Financial Results

FORT WORTH, Texas, April 5, 2024 /PRNewswire/ -- Today, AZZ Inc., widely recognized as the forefront independent service provider specializing in hot-dip galvanizing and coil coating solutions, declared the arrangement of a conference call. This call is scheduled to scrutinize the financial performance for the company during the fourth quarter and its overall accomplishments in the fiscal year 2024. To disseminate this crucial financial data, the company confirmed that it will hold the conference call at 11:00 a.m. ET on Monday, April 22, 2024. In preparation for the discussion, a press announcement detailing the fourth quarter and full-year financial outcomes will be made public prior to the opening of the market on April 22, 2024.

Conference Call Engagement Information

Participants interested in joining this pivotal discussion are invited to access the conference call via telephone by dialing (844) 855-9499 for domestic callers, or (412) 317-5497 for international participants. Moreover, an online webcast of the conference call will be broadcasted live on the Company's Investor Relations page.

Following the live event, a replay of the conference call will be made available until April 29, 2024. This can be accessed by dialing (877) 344-7529 or (412) 317-0088 (international), using the replay access code: 3060021. For those unable to attend the live event, the replay will be hosted on the Company’s Investor Relations page, available here for the next 12 months.

Exemplifying Industry Leadership: AZZ Inc.

Leadership within the realm of metal coatings services is exemplified by AZZ Inc. The company stakes its claim as the chief independent provider, delivering top-of-the-line hot-dip galvanizing and coil coating solutions. AZZ Inc.'s dedicated service segments colossally contribute to the enhancement, longevity, and aesthetic improvement of a myriad of structures, products, and infrastructures. These are the cornerstones of what makes modern life functional and sustainable. Interested parties are encouraged to delve deeper into what makes AZZ Inc. a standout in its industry by visiting their website at www.azz.com.

Commitment to Transparency: The Safe Harbor Statement

In an exercise of transparency, AZZ Inc. has presented a Safe Harbor Statement, outlining projective assessments that involve speculation about future events and results. The company clarifies that these projections are forward-looking statements that fall under the jurisdiction of The Private Securities Litigation Reform Act of 1995. This includes expressions that are of predictive nature, geared towards future expectations and predispositions. Terms such as "may," "expects," "anticipates," and "believes," among others, typically signify these forward-looking statements.

Furthermore, these statements hold their merit based on the most recent competitive, financial, and economic data available, as well as on management’s current viewpoints and presumptions about upcoming occurrences. It is crucial for investors to understand the speculative nature of these statements and to accept that actual outcomes may differ.

The forward-looking statements also address potential risks, which include but are not limited to: fluctuations in customer demand across various market segments like construction, industrial, and metal coatings; cost increases related to labor, components, and raw materials such as zinc and natural gas – essentials in the hot-dip galvanizing process; delays driven by supply-chain issues, customer preferences or further acquisition opportunities; volatility of debt leverage as well as interest rates, particularly those associated with variable rates; the ability to secure proficient management and personnel to steer the company's growth; and shifts in market conditions affecting the company's inventory or services.

Lastly, economic instability, whether in the form of a lingering financial downturn, inflationary pressures, or political volatility in the United States and other foreign markets, all fall under these considerations. The consequences of unforeseen events, be they acts of war or domestic and international terrorism, can also impact the company's projections. To facilitate investor due diligence, AZZ Inc. directs individuals to review additional detailed information housed in Part I, Item 1A. Risk Factors of the company's Annual Report on Form 10-K for the fiscal year ended February 28, 2023. This report, along with other filings, can be found on the company's website and on the SEC's website. AZZ Inc. maintains that it assumes no obligation to update any forward-looking statements with new information post the date of issuance or otherwise.

For Further Information

David Nark, Senior Vice President of Marketing and Communications at AZZ Inc., serves as the primary company contact. Additional information can be sought through AZZ Inc.’s comprehensive online portal at www.azz.com. For investor inquiries, Sandy Martin or Phillip Kupper of Three Part Advisors constitute the investor contact team. All pertinent financial and investor relations material is made accessible through www.threepa.com.

Ensuring the bridge between the company's functions and public perception, corporate and investor contacts play a critical role in maintaining ongoing dialogue with stakeholders to keep them abreast of material developments and financial strategies. This reflects the company’s commitment to not just thriving through its service offerings, but also through robust communication and transparency with its investors and the wider public.

In closing, AZZ Inc. continues to earmark itself as an entity not only focused on service excellence but also on communicative clarity with its investors and the general public. The upcoming conference call invites stakeholders to engage directly with the company's latest financial insights, affirming both accountability and forward-thinking in its operational ethos.

Conclusion

AZZ Inc. has laid out a comprehensive and informative agenda for stakeholders to engage with its strategic and financial blueprint for the fiscal year 2024. The information offered in this news release showcases the company’s pivotal core functions, dedication to transparency, risk assessment, and investor relations strategy. As AZZ Inc. continues to navigate the dynamic markets of hot-dip galvanizing and coil coating solutions, the detailed disclosures provided herein serve to align investor expectations with the company's strategic goals and current market perceptions.

Investors and interested parties are encouraged to join the conference call on April 22, 2024, to gain direct insights into AZZ Inc.’s Q4 and full-year performance. The information presented not only relates to the recent achievements but also to the larger trajectory of the company’s growth and operational direction in the face of economic uncertainties and market volatilities. With AZZ Inc.’s commitment to sharp industry practices coupled with its transparent financial reporting, the company is set to continue informing and engaging with the market to shape its future course.

SOURCE: AZZ, Inc.

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