Albany International

Albany International Corp. engages in textiles and materials processing. It operates through the following segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment supplies fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Engineered Composites segment provides composite structures to customers in the commercial and defense aerospace industries. The firm offers regular fabric, consultative, diagnostic, and project specific services. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Albany International (AIN) reports robust 2022 performance amidst challenges

Albany International (AIN) navigated 2022's challenges well, showcasing resilience and strategic foresight. Strong financial performance, focus on innovation, and operational excellence position AIN for sustained growth. Addressing supply chain issues, managing costs, and seizing growth opportunities will be key focus areas for AIN in 2023.

Albany International posts robust Q1 results, eyes growth opportunities ahead

Albany International delivered strong Q1 results, driven by growth in Engineered Composites and robust profitability in Machine Clothing.
Strategic investments in innovation and partnerships position the company well for future growth and market leadership.
While facing leadership transition challenges, Albany International remains optimistic about its future prospects and maintaining financial guidance for 2023.

Albany International (AIN) reports strong Q2 results and strategic acquisitions

Albany International (AIN) delivered solid Q2 performance with revenue growth, strong margins, and strategic acquisitions driving future growth.
While facing CEO succession challenges and nonoperational impacts on EPS, the company's focus on operational efficiency and growth segments positions it well for the future.
With raised full-year guidance and promising acquisitions, Albany International is poised for continued success in specialized manufacturing markets.

Albany International (AIN) reports strong Q3 earnings and growth outlook

Albany International's Q3 performance reflects steady growth, operational efficiency, and strategic acquisitions. The company's focus on innovation, customer service, and financial strength positions it well for future opportunities in the aerospace and industrial sectors.

Albany International (AIN) reports strong Q4 performance and optimistic 2024 outlook

Albany International's Q4 2023 performance reflects robust financial growth, driven by revenue increases and improved EBITDA.
The company's strategic focus on operational excellence and customer satisfaction underscores its commitment to long-term success.
While facing challenges in maintaining growth and integrating acquisitions, Albany International remains optimistic about its 2024 outlook and growth prospects.

Albany International (AIN) reports stellar Q1 results and eyes strategic growth

Albany International (AIN) showcased a strong Q1 2024 performance, driven by robust sales growth in Machine Clothing and Engineered Composites segments, alongside operational efficiency improvements.
While facing challenges such as flat revenue expectations in the LEAP program and cash flow utilization, the company's strategic focus on profitability and operational enhancements positions it well for future growth.
By capitalizing on strengths like high-margin segments and significant contract wins, Albany International (AIN) can navigate challenges, leverage opportunities, and sustain its positive momentum.

Albany International (AIN) reports strong Q2 results and reaffirms 2024 outlook

Albany International (AIN) showcased robust financial performance in Q2 2024, driven by strong results in key segments.
Despite challenges like LEAP program adjustments, the company's strengths in net sales and EBITDA margins stand out.
Opportunities lie in market expansion, revenue diversification, and strategic leadership changes to drive future growth.
Overall, Albany International's reaffirmed 2024 outlook reflects confidence in navigating market conditions and program performance.

Albany International posts strong Q3 results, eyes growth opportunities ahead

Albany International (AIN) delivered a solid performance in Q3 2024, with strong revenues and free cash flow, despite facing challenges in certain regions and segments.
The company's focus on operational adjustments, integration efforts, and margin improvements bode well for future growth and stability.
Investors can look forward to the upcoming Investor Day for detailed insights on leadership, long-term guidance, and growth strategies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) Chief Financial Officer, Stephen Nolan, will speak at the Sidoti Virtual Smallcap Conference on Wednesday, September 22, 2021 at 10:00 a.m. Eastern Time. Interested parties are invited to listen to the live webcast via the Company's Investor Relations website at www.albint.com. A replay of the webcast will be available on the company's website for 90 days following the presentation. About Albany International Corp. Albany I

Albany International to Present at Sidoti Virtual Smallcap Conference

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) (the “Company”) today announced the closing of the previously announced secondary offering of shares of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”). Standish Family Holdings, LLC and J.S. Standish Company (collectively, the “Selling Stockholders”) sold 1,566,644 shares of Class A Common Stock. The total net proceeds to the Selling Stockholders before expenses were approximately $119 mi

Albany International Corp. Announces the Closing of a Secondary Offering

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) (the “Company”) today announced the launch of a secondary offering of 1,566,644 shares of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”). The shares are being offered by Standish Family Holdings, LLC and J.S. Standish Company (collectively, the “Selling Stockholders”). The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company

Albany International Corp. Announces the Launch of a Secondary Offering

Albany International Corp. (AIN) CEO Andrew Higgins on Q2 2021 Results - Earnings Call Transcript

Shares of Albany Intl (NYSE:AIN) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 7.34% over the past year to $1.01, which beat the estimate of $0.73.

Recap: Albany Intl Q2 Earnings

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its second quarter of 2021, which ended June 30, 2021. Additionally, the company raised its financial guidance for 2021. "We are pleased to report another quarter of solid performance," said Bill Higgins, President and CEO. "We delivered revenues of $235 million as well as profitability and free cash flow near record levels. Both business segments contributed to the strong results. Our M

Albany International Reports Second-Quarter 2021 Results, Raises 2021 Guidance

BWX Technologies

Curtiss-Wright

Genuine Parts

Lowe's

The Dow, S&P, and Nasdaq were all off by more than 1% as economic concerns weighed on stocks this morning. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

Bwx Technologies Inc Ranked Among Today's Top Buys

Spirit AeroSystems Hlds

ROCHESTER, N.H.--(BUSINESS WIRE)--Spirit AeroSystems, Inc., and Fiber Materials, Inc., (collectively Spirit) subsidiaries of Spirit AeroSystems holdings, Inc (NYSE: SPR) and Albany Engineered Composites, a subsidiary of Albany International Corp. (NYSE: AIN), have formally entered a technical collaboration agreement to capitalize on their unique capabilities to deliver a suite of differentiated technical and industrialized solutions to more rapidly support hypersonic program developments. The c

Spirit AeroSystems and Albany Engineered Composites Collaborate to Expand Hypersonic Capabilities

Albany International (AIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Albany International (AIN) a New Buy Stock

Albany International Corp. (AIN) CEO Andrew Higgins on Q1 2021 Results - Earnings Call Transcript

Albany International (AIN) delivered earnings and revenue surprises of 40.32% and 5.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Albany International (AIN) Tops Q1 Earnings and Revenue Estimates

Shares of Albany Intl (NYSE:AIN) remain flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 11.54% over the past year to $0.87, which beat the estimate of $0.65.

Albany Intl: Q1 Earnings Insights

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its first quarter of 2021, which ended March 31, 2021. "Albany International's year is off to a good start with solid first quarter performance,” said Albany International President and Chief Executive Officer, Bill Higgins. “Our business segments continued to deliver excellent operational performance resulting in attractive profit margins despite top-line headwinds caused by the ongoing

Albany International Reports First-Quarter 2021 Results

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2021 first-quarter financial results Monday, April 26, 2021 after market close. The Company will host a webcast to discuss earnings at 9:00 a.m. Eastern Time on Tuesday, April 27. Interested parties are encouraged to listen to the webcast via the Company's Investor Relations website at www.albint.com. Those without internet access may dial into the conference at 1-(409) 207-6975. Please provide your name, compa

Albany International Announces Earnings Release Date

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) President and Chief Executive Officer, Bill Higgins, and Chief Financial Officer, Stephen Nolan, will speak at the Sidoti Spring 2021 Virtual Conference on Wednesday, March 24, 2021 at 10:00 a.m. Eastern Time. Interested parties are invited to listen to the live webcast via the Company's Investor Relations website at www.albint.com. A replay of the webcast will be available on the company's website for 90 days following the

Albany International to Present at Sidoti Spring 2021 Virtual Conference

Albany International Corp. (AIN) CEO Andrew Higgins on Q4 2020 Results - Earnings Call Transcript

Albany International (AIN) delivered earnings and revenue surprises of 41.27% and 7.07%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Albany International (AIN) Tops Q4 Earnings and Revenue Estimates

Shares of Albany International (NYSE:AIN) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 8.25% year over year to $0.89, which beat the estimate of $0.66.

Recap: Albany International Q4 Earnings

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its fourth quarter of 2020, which ended December 31, 2020. "Albany International finished 2020 with another strong quarter, particularly in light of the challenging business conditions in some of our end markets,” said Albany International President and Chief Executive Officer, Bill Higgins. “Our operations performed exceptionally well for customers and shareholders. Both segments delive

Albany International Reports Fourth-Quarter 2020 Results

Albany International (AIN) Upgraded to Buy: Here's What You Should Know

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today that J. Michael McQuade, Ph.D. has been elected to its Board of Directors. Dr. McQuade, age 65, currently serves as Vice President for Research at Carnegie Mellon University, a private, global research university in Pittsburgh, Pennsylvania. He also serves on the Defense Innovation Board of the United States Department of Defense. From 2006 to 2018, he served as Senior Vice President, Science & Technolog

J. Michael McQuade Elected to Albany International Corp. Board

Albany International Corp. (AIN) CEO Bill Higgins on Q3 2020 Results - Earnings Call Transcript

Albany International (AIN) delivered earnings and revenue surprises of 60.00% and 0.62%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Albany International (AIN) Tops Q3 Earnings and Revenue Estimates

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its third quarter of 2020, which ended September 30, 2020. "Our top priority remains the health and safety of our employees, and I am proud of our employees' commitment to keeping one another safe and our operations performing well,” said Albany International President and Chief Executive Officer, Bill Higgins. “We are reporting another quarter of strong financial performance despite the

Albany International Reports Third-Quarter 2020 Results

Apple

Entegris

Pool

Teradata

Stocks are set to sink again today amid fears of a record surge in COVID cases. If more lockdown measures are put in place over the next few weeks without a stimulus, further volatility can be expected.

News for Albany International Stock (AIN)