ITEM 8.01 OTHER EVENTS
On January 18, 2013, AZZ incorporated (the “Company”) issued a press release titled “AZZ incorporated Board Declares Quarterly Cash Dividend and Issues Revenue and Earnings Guidance for Fiscal Year 2014.” This press release contained a typographical error relating to the percentage of revenue anticipated to be derived from each of the Company's operating segments. On January 18, 2013, the Company issued a corrected press release, in which the seventh sentence of the third paragraph of the original press release is corrected to state that “It is anticipated that 57 percent of our revenues will be derived from the Galvanizing Services Segment and 43 percent from the Electrical and Industrial Products Segment.” Other than correcting this typographical error, all other information included in the corrected press release filed as Exhibit 99.1 to this Current Report on Form 8-K is unchanged from the information included in the original press release.
Attached is Exhibit 99.2, Unaudited Financial and Other Statistical Information, and Guidance for Fiscal Year 2013 and Fiscal Year 2014. The guidance for the fiscal years to end February 28, 2013 and February 28, 2014, consists of either a projected range or management's estimate of most likely results. These projections involve risk and uncertainties, the outcome of which cannot be foreseen at this time and, therefore, actual results will vary from these forecasts. We undertake no obligation to affirm, publicly or revise any forward-looking statements, whether as a result of information, future events or otherwise.
ITEM 9.01 EXHIBITS
The following exhibits are filed as part of this report.
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Exhibit 99.1
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AZZ incorporated's Corrected Press Release declaring quarterly cash dividend and issues revenue and earnings guidance for Fiscal Year 2014, dated January 18, 2013.
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Exhibit 99.2
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Unaudited Financial and Other Statistical Information and Guidance for Fiscal Year 2013 and Fiscal Year 2014.
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FORWARD LOOKING STATEMENTS
Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as, “may,” “should,” “expects, “ “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. This Report on Form 8-K may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand and response to products and services offered by AZZ, including demand by the electrical power generation markets, electrical transmission and distribution markets, the industrial markets, and the hot dip galvanizing markets; prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; changes in the economic conditions of the various markets that AZZ serves, foreign and domestic, customer request delays of shipments, acquisition opportunities, currency exchange rates, adequacy of financing, and availability of experienced management employees to implement AZZ's growth strategy. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2012 and other filings with the SEC, available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.