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06 Jul
22:04

AZZ sees smoother sailing ahead

Increased infrastructure spending in the second half of the year should bolster the bottom line of industrial services and galvanizing company AZZ Inc, Kallanish learns from the company’s fiscal first-quarter earnings review. AZZ posted a net profit of $13.2 million on sales of $208.6m in the quarter ended May 31, down -37.1% and -14.1%, respectively, from fiscal Q1 2017. AZZ’s metal coatings segment saw revenues fall -11.9% in the same period to …
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