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11 Jan
13:21

AZZ sees profits fall in fiscal third quarter

Galvanizer and electrical services provider AZZ Inc saw a decline in its on-year sales and profits in the fiscal third quarter, including a hefty revenue drop in its metal coatings segment, Kallanish reports.  AZZ earned $19.7 million on sales of $226.6m in the quarter ended 30 November, down from earnings of $22m on sales of $291.1m in fiscal Q3 last year.  Its metal coatings segment saw sales fall -10.5% on-year to $115.6m - though sales rose on-quart…
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