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09 Oct
19:16

AZZ witnesses double-digit profit increase

Galvaniser and industrial services provider AZZ saw both its profits and revenues rise by double-digits during its fiscal second quarter, Kallanish reports. In the quarter ended 31 August, AZZ recorded a profit of $11.2 million on sales of $222.8m, up 14.9% and 13.5%, respectively, from the equivalent quarter last year. AZZ ceo Tom Ferguson noted that revenues from the company’s metal coatings segment rose 17.4% year on year, though operating margins fe…
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