end of march - true company situation, page-4

LOTM

No I am not horrified. I look for the good as well as the bad.
What I see is compared to 2012 is debt went up 19 million
and total equity increased by 40 million.
That is 21 million increase.

Also AZZ production was limited during the year due to external influences.

You complain about profit figures because of the sale of Haxksville.
But also you complain all year about them not selling the whole asset for 300 million.

The bottom line is AZZ made money