05
Jul
19:20
AZZ coasts to $21.1m profit in fiscal Q1
Fort Worth, Texas-based galvanizing and electrical services company AZZ Inc posted a net profit in the fiscal first quarter, largely due to an overall improved demand environment.
In the quarter ended 31 May, AZZ produced a net income of $21.1 million on sales of $242.7m, up 5.7% and 6% year on year, respectively.
The company’s galvanizing segment generated operating income of $24.3m on revenues of $104.6m. In fiscal Q1 last year, the galvanizing segmen…
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Anonymous
Very good overview of the weekly steel market.
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