industrial market Jamie Cullum indicators todetermine
Posted by Admin· Print This Article
industrial market reports Jamie Cullum indicators todetermine jame cullum uncovers the potential impact upon our markets.During the third quarterdecreased demand was limited to markets in our upper Midwest U.S operations. We are extremely pleased with the assimilation of AAA galvanizing into ouroperations and their year to date results show improvement over historicallevels."Mr. Dingus concluded, "Based upon the evaluation of information currentlyavailable to management, we are increasing our previously issued earningsguidance for fiscal year 2009.Our earnings are estimated to be within therange of $3.35 and $3.45 per diluted share. Revenues are estimated to bewithin the range of $420 and $430 million, which is unchanged from thepreviously issued guidance. Our estimates assume that we will not have anysignificant delays in the delivery of our electrical and industrial products,and that the demand for galvanizing services and pricing will notsignificantly change from current levels during the balance of the fiscalyear."AZZ incorporated will conduct a conference call to discuss financial resultsfor the third quarter of fiscal 2009 at 11:00 a.m ET on January 9, 2009. Interested parties can access the call by dialing (877) 356-5706 or (706)643-0580 (international). The call will be web cast via the Internet at
A replay of the call will be available for threedays at (800) 642-1687, or (706) 645-9291 (international) confirmation#79050390, or for 30 days at incorporated is a specialty electrical equipment manufacturer serving theglobal markets of industrial, power generation, transmission anddistributions, as well as a leading provider of hot dip galvanizing servicesto the steel fabrication market nationwide.Except for the statements of historical fact, this release may containforward-looking statements that involve risks and uncertainties some of whichare detailed from time to time in documents filed by the Company with the SEC.Those risks and uncertainties include, but are not limited to: changes incustomer demand and response to products and services offered by the company,including demand by the electrical power generation markets, electricaltransmission and distribution markets, the industrial markets, and the hot dipgalvanizing markets; prices and raw material costs, including zinc and naturalgas which are used in the hot dip galvanizing process; changes in the economicconditions of the various markets the Company serves, foreign and domestic,customer requested delays of shipments, acquisition opportunities, adequacy offinancing, and availability of experienced management employees to implementthe Company's growth strategy.The Company can give no assurance that suchforward-looking statements will prove to be correct.We undertake noobligation to affirm, publicly update or revise any forward-lookingstatements, whether as a result of information, future events or otherwise.AZZ incorporated Condensed Consolidated Statement of Income (in thousands except per share amounts)Three Months Ended Nine Months Ended November November NovemberNovember 30, 2008 30, 2007 30, 200830, 2007 (unaudited)(unaudited)(unaudited)(unaudited)Net sales$108,860 $86,593$312,078$243,577Costs and Expenses:Cost of Sales79,37266,369 226,845 182,943Selling, General and Administrative11,317 7,44932,54527,817Interest Expense1,682 342 4,484 1,261Net (Gain) Loss on Sales or Insurance Settlement of Property, Plant and Equipment9(34) (1,136)(33)Other (Income)(315) (236) (1,378) (792)$92,065 $73,890$261,360$211,196Income before income taxes and accounting change$16,795 $12,703 $50,718 $32,381Income Tax Expense5,982 4,61118,47912,021Net income$10,813$8,092 $32,239 $20,360Net income per shareBasic$.89$.67 $2.66 $1.70Diluted$.88$.66 $2.62 $1.67Diluted average shares outstanding 12,29512,29412,31012,199 Segment Reporting (in thousands)Three Months Ended Nine Months Ended November NovemberNovember November 30, 2008 30, 200730, 2008 30, 2007 (unaudited)(unaudited)(unaudited)(unaudited)Net Sales:Electrical and Industrial Products $61,960 $51,455$165,925 $137,479Galvanizing Services46,90035,138 146,153106,098$108,860 $86,593$312,078 $243,577Segment Operating Income (a):Electrical and Industrial Products$10,411$8,032 $28,140$22,318Galvanizing Services13,125 8,33641,961 26,177Total Segment Operating Income$23,536 $16,368 $70,101$48,495Condensed Consolidated Balance Sheet (in thousands)November 30,February 29, 20082008(unaudited)(audited)Assets:Current assets $165,707$102,995Net property, plant and equipment$ 85,577$ 48,285Other assets, net$ 85,999$ 42,039Total assets $337,283$193,319Liabilities and shareholders' equity:Current liabilities$ 52,728$ 42,696Long term debt due after one year$100,000$-Other liabilities$7,288$4,467Shareholders' equity $177,267$146,156Total liabilities and shareholders' equity$337,283$193,319 Condensed Consolidated Statement of Cash Flows (in thousands) Nine Months Ended November 30, November 30, 2008 2007 (unaudited)(unaudited)Net cash provided by (used in) operating activities $21,371$ 20,108Net cash provided by (used in) investing activities ($107,583) ($ 7,867)Net cash provided by (used in) financing activities $98,104($11,782)Effect of Exchange Rate ($211)-Net increase (decrease) in cash and cash equivalents$11,681$459Cash and cash equivalents at beginning of period$ 2,227$1,703Cash and cash equivalents at end of period$13,908$2,162Contact:Dana Perry, Senior Vice President - Finance and CFOAZZ incorporated 817-810-0095Internet: Partners 602-889-9700Joe Dorame or Robert BlumInternet: incorporatedDana Perry, Senior Vice President - Finance and CFO of AZZ incorporated,+1-817-810-0095; or Joe Dorame, or Robert Blum, both of Lytham Partners,+1-602-889-9700, for AZZ incorporated jamie cullum cds . GREAT NECK, N.Y., Jan jamie callum . 9 /PRNewswire/ -- As businesses continue to search forbetter ways to thrive in a volatile economic climate, the IBF offers guidancewith a special issue of the Journal of Business Forecasting, which includes 12articles on demand planning & forecasting with Point-of-Sales (POS) /Syndicated data.This issue has all you need to know about how to keep pacewith consumer behaviors and make better decisions with consumption data.Winning companies are the ones leveraging consumption data for forecasting inthis economic climate.Over the past months, the world's current economy has forced change in demandplanning and forecasting processes jaimie cullum . Consumers continue to be less loyal, moredemanding, and more cost conscious jamie cullom . In order to operate efficiently andprofitably in this environment, making decisions based on what consumers aredoing is extremely valuable. This special issue will give professionals bestpractices in forecasting & planning with POS/ Syndicated data that can spellsurvival for retailers who integrate them into their business strategy. Highlights include the articles by demand planning & forecastingprofessionals, such as Jeff Brown's article (Consumer Driven Forecasting toImprove Inventory Flow: Brown Shoe Company's Journey) about how the Brown ShoeCompany implemented a forecasting process to capture information aboutconsumers' purchases so they could synchronize demand with factory operations.The article by Robin Simon gives the ABC's of POS-based demand planning andforecasting while the article by Larry Lapide from MIT discusses the what,why, and how of POS data.Hugh McCarthy from Nestle explains how to enhancethe demand planning process with POS forecasting; Mike Borgos from OsramSylvania tells how to maximize POS as a source of data and insight; andRichard Shapiro from Jarden Consumer Solutions gives details on how to use POSdata in demand planning.
The Journal of Business Forecasting, a leading quarterly publication of theIBF for nearly 30 years, is complimentary with IBF membership . Thiscommemorative Point-of-Sale (POS) and Syndicated Data Winter 2008-2009 issuewill hit the shelves in January 2009 jamie culum . To reserve your copy and download a free sample article from this specialissue visit: TafarellaMarketing SOURCEInstitute of Business Forecasting and PlanningJonathan Tafarella, Marketing Coordinator, Institute of Business Forecastingand Planning, +1-516-504-7576, jamie collum . Jan 9 (Reuters) - Following is a notable quote from history . "I would rather have peace in the world than be President." -- Harry Truman, U.S president On Jan. 9, 2005, Sudan's Islamist government and southern rebels signed a peace agreement on ending Africa's longest-running civil war, which had dragged on for 21 years.. (Refiles to remove extraneous word in eighth paragraph, fixestypo)(For more Reuters DEALTALKs, click DEALTALK) Stocks | Mergers & Acquisitions By Michael Flaherty and Yeon-hee Kim HONG KONG/SEOUL, Jan 9 (Reuters) - The roughly $5 billionsale of South Korea's Daewoo Shipbuilding (042660.KS) to HanwhaGroup is likely to fall apart on funding worries despitegovernment efforts to save the deal, sources familiar with thematter say.

