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Market commentary Jul 2024 Verified

AZZ Inc. Sees Strength in HVAC End Market

AZZ Inc.'s Precoat Metals segment experienced 6.5% sales growth driven by increased volume in end markets including HVAC. The company noted continued strength in construction, HVAC, and recreational transportation markets.

“Precoat Metals' EBITDA margin improved to 20.2%, primarily due to stronger end markets, including construction, HVAC, and recreational transportation.”

Entities

AZZ Inc. · Mentioned
HVAC Sentiment: Positive

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