AZZ incorporated (NYSE:AZZ) Q1 2020 Earnings Conference Call Transcript

Jul 08, 2019 • 11:00 am ET


AZZ incorporated (NYSE:AZZ) Q1 2020 Earnings Conference Call Transcript


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Paul W. Fehlman

to fiscal year 2020 that we described in the last earnings call still just for the year as a whole but for the most part did not materialize in the first quarter of the year as Metal Coating margins increased, we did indeed ship high-voltage bus ducts to China and we are seeing refining orders for the fall turnaround season.

With that, I'll turn it back to Tom. Tom?

Thomas E. Ferguson

Thanks, Paul. In closing we are focused on improving productivity and efficiency throughout the company continuing to adapt our products to mid market opportunities and to develop innovative solutions for our served markets. We remain committed to driving our Metal Coatings operating margins back to the 23% to 25% range consistently and our energy margins to above 10%. We believe our first quarter performance is an early indication that we've emerge stronger and much better position to generate consistent operating results going forward.

And now we'll open it up for some questions.