AZZ (AZZ) Investor presentation summary

Investment highlights

• Leading provider of metal coatings and coil coating solutions with top market positions in North America.

• Strong sales and margin growth driven by secular trends and disciplined capital allocation.

• Focus on high-ROIC investments, strategic M&A, and consistent shareholder returns via dividends and buybacks.

• Commitment to operational improvements and EPS growth for long-term value creation.

• Environmentally friendly solutions with 100% recyclable products and reduced emissions.

Strategic transformation and growth

• Transformed into a focused metal coatings company, divesting non-core segments and acquiring Precoat Metals.

• Invested $125M in a new coil coating facility and strengthened the balance sheet, reducing leverage to 1.4x.

• Disciplined capital allocation with ongoing investments in core segments and bolt-on acquisitions.

• Targeting sales growth to $2B+ and EBITDA margins above 22% by FY2028.

Financial performance and guidance

• Achieved $1.65B in TTM sales and $368M in TTM adjusted EBITDA with a 22.3% margin as of February 2026.

• FY2027 guidance: $1.725–$1.775B sales, $360–$400M adjusted EBITDA, $6.50–$7.00 adjusted diluted EPS.

• Net leverage reduced to 1.4x, with a target range of 1.0x–2.0x and no significant debt maturities until FY29.

• Dividend increased by 17.6% and $20M in share repurchases over the last twelve months.