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Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

74.25USD
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Albany International Reports Q1 Adjusted Earnings Per Share $0.87
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS FIRST-QUARTER FY19 RESULTS.Q1 EARNINGS PER SHARE $0.90.Q1 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.87.Q1 SALES $251.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $252.8 MILLION.SEES FY 2019 REVENUE OF BETWEEN $1.05 AND $1.08 BILLION.SEES FY 2019 EARNINGS PER SHARE OF BETWEEN $3.08 AND $3.38.SEES FY 2019 ADJUSTED EARNINGS PER SHARE OF BETWEEN $3.05 AND $3.35.SEES FY 2019 ADJUSTED EBITDA OF BETWEEN $225 MILLION AND $240 MILLION.FY2019 EARNINGS PER SHARE VIEW $3.48 -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $1.07 BILLION -- REFINITIV IBES DATA.  Full Article

Albany International Announces New CFO
Friday, 29 Mar 2019 

March 29 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL ANNOUNCES NEW CFO.SAYS STEPHEN M. NOLAN APPOINTED CFO.STEPHEN M. NOLAN TO SUCCEED JOHN COZZOLINO, EFFECTIVE APRIL 1, 2019.NOLAN MOST RECENTLY SERVED AS CFO FOR ESTERLINE.  Full Article

A. William Higgins Appointed Chairman Of Albany International Board
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Albany International Corp ::A. WILLIAM HIGGINS APPOINTED CHAIRMAN OF ALBANY INTERNATIONAL CORP. BOARD.ALBANY INTERNATIONAL CORP - WILLIAM HIGGINS HAS BEEN APPOINTED AS CHAIRMAN SUCCEEDING DIRECTOR ERKIE KAILBOURNE.ALBANY INTERNATIONAL CORP - KAILBOURNE WILL REMAIN ON BOARD..  Full Article

Albany International Reports Third-Quarter Results
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS THIRD-QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.87.Q3 SALES ROSE 14 PERCENT TO $253.3 MILLION.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.85 EXCLUDING ITEMS.SEES FY 2020 SALES $475 MILLION TO $550 MILLION.  Full Article

Albany International Q2 Adj Earnings Per Share $0.82 Excluding Items
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS SECOND-QUARTER RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.82 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.94.Q2 EARNINGS PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S.Q2 SALES ROSE 18.9 PERCENT TO $256.2 MILLION.SEES FY 2020 SALES $475 MILLION TO $550 MILLION.  Full Article

Albany International Reports Q1 Earnings Per Share $0.32
Monday, 7 May 2018 

May 7 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS FIRST-QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.32.Q1 EARNINGS PER SHARE VIEW $0.51 -- THOMSON REUTERS I/B/E/S.Q1 SALES ROSE 15.4 PERCENT TO $230 MILLION.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.54 EXCLUDING ITEMS.SEES FY 2020 SALES $475 MILLION TO $550 MILLION.CURRENTLY EXPECT CAPITAL EXPENDITURES TO RANGE FROM $20 MILLION TO $25 MILLION PER QUARTER THROUGH REST OF YEAR.EXPECT ADDITIONAL QUARTERLY INCREASES IN NET DEBT FOR REMAINDER OF YEAR, BUT AT SIGNIFICANTLY LOWER LEVELS THAN DURING Q1.AEC'S OUTLOOK FOR FULL YEAR 2018 IS UNCHANGED FROM EXPECTATIONS STATED IN LAST EARNINGS RELEASE.BEYOND 2018, REMAIN ON TRACK TOWARD GOAL OF 18% TO 20% ADJUSTED EBITDA AS A PERCENTAGE OF SALES IN 2020.OUTLOOK FOR MC & AEC IN 2018 IS UNCHANGED.  Full Article

Albany International enters unsecured 5-year revolving credit facility agreement with JPMorgan Chase Bank
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Albany International Corp ::Albany International- entered into $685 million unsecured 5-year revolving credit facility agreement with JPMorgan Chase Bank as administrative agent‍​.Albany International - ‍new agreement amends & restates $550 million 5-year facility agreement dated April 8, 2016 with same agent & lenders .  Full Article

Albany International reports third-quarter results
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Albany International Corp :Albany International reports third-quarter results.Q3 earnings per share $0.47.Sees FY revenue up 35 to 40 percent.Q3 sales rose 16.1 percent to $222.1 million.Q3 adjusted non-GAAP earnings per share $0.57 excluding items.Albany International Corp - ‍expect total company capital expenditures in Q4 and through 2018 to be in range of $20 million to $25 million per quarter​.Albany International - ‍"now expect full-year adjusted EBITDA to be at least at high-end of our normal $180 million to $195 million range​".  Full Article