Azz inc. reports fourth quarter and fiscal year 2023 full year results
Achieves record full year results from continuing operations: sales $1.32 billion; adjusted eps $3.48 (1), adjusted ebitda $267 million or 20.2% of sales reaffirming fiscal 2024 full year guidance fort worth, texas , april 25, 2023 /prnewswire/ -- - azz inc. (nyse: azz), the leading independent provider of hot-dip galvanizing and coil coating solutions, today issued its audited consolidated financial statements contained in the company's fiscal year 2023 annual report on form 10-k for the year ended february 28, 2023. fiscal year 2023 results from continuing operations: sales of $1,323.6 million, up 20.5% on a comparable basis strong segment performance with metal coatings sales up 21.2% and precoat metals up 19.9% on a comparable basis gaap diluted eps of $2.33; adjusted eps of $3.48 (1) adjusted ebitda $267.4 million or 20.2% of sales adjusted ebitda margin for metal coatings 29.7% and precoat metals 17.4%, which included seasonally weak quarters for precoat (1) adjusted diluted eps from continuing operations includes $2.6 million of equity in earnings from the ais joint venture.
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