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News Breaks | | | | January 18, 2013 | | 05:46 EDT |  | AZZ | AZZ Inc. sees FY14 margins remaining strong
David H. Dingus, president and CEO stated, "We continue to build upon the success we have been able to achieve over the past decade, and continually strive to further enhance the performance of the company. Electrical revenues are projected to be up due to the full year impact of NLI as well as organic growth. Margins in the Electrical Segment should be in the range of 14%-16%. The Galvanizing Services Segment revenues are projected to be up due primarily to the full year impact of our acquisitions and market share improvement. Margins for this Segment should remain strong, and should be in the range of 26%-28%. It is anticipated that 43% of our revenues will be derived from the Galvanizing Services Segment and 57% from the Electrical and Industrial Products Segment." | |
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