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Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Albany International Q2 adj non-GAAP EPS $0.48 excluding items
Monday, 1 Aug 2016 

Albany International Corp : Q2 earnings per share $0.32 . Q2 adjusted non-GAAP earnings per share $0.48 excluding items . Q2 sales rose 17.9 percent to $203.2 million . Albany International Corp Sees Full Year adjusted ebitda to be at upper-end of previously discussed range of $180 million to $195 million . Year spending in 2016 to be $75 million to $85 million .Albany international sees average quarterly net sales of close to $50 million in second half of year with gross profit margins roughly comparable to q2.  Full Article

BRIEF-Albany International Announces New Director Nominee

* ALBANY INTERNATIONAL ANNOUNCES NEW DIRECTOR NOMINEE Source text for Eikon: Further company coverage: