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Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

73.04USD
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

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

Albany International Q1 sales rose 15.6 pct to $199.3 mln
Thursday, 4 May 2017 

May 4 (Reuters) - Albany International Corp :Reports first-quarter results.Sees FY AEC segment revenue up 25 to 35 percent.AEC segment on track toward its FY target of 25% to 35% revenue growth.Q1 earnings per share $0.34.Q1 sales rose 15.6 percent to $199.3 million.  Full Article