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United States

Albany International Corp (AIN)

AIN on New York Consolidated

47.90USD
21 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Albany International Q4 sales rose 20 pct to $213 mln
Wednesday, 8 Feb 2017 05:00pm EST 

Albany International Corp : Albany International reports fourth-quarter results . Q4 earnings per share $0.49 . Q4 sales rose 20 percent to $213 million . Q4 adjusted non-GAAP earnings per share $0.36 excluding items .Albany International Corp - Expect full-year adjusted EBITDA to pull back from high end toward middle of that $180 million to $195 million range.  Full Article

BRIEF-Albany International reports third-quarter results
Monday, 31 Oct 2016 05:00pm EDT 

Albany International Corp : Albany International Corp - on track toward their full-year 2016 and longer-term strategic and financial performance objectives . Albany International Corp - we now expect full-year spending in 2016 to be $75 million to $80 million . Albany International Corp - continue to expect full-year adjusted ebitda to be at upper-end of previously discussed range of $180 million to $195 million . Sees contract awarded in quarter to produce composite components to generate sales of $15 million to $20 million/year by 2020 . Albany International reports third-quarter results . Q3 earnings per share $0.41 . Q3 sales rose 7 percent to $191.3 million .Q3 adjusted non-gaap earnings per share $0.41 excluding items.  Full Article

Albany International Q2 adj non-GAAP EPS $0.48 excluding items
Monday, 1 Aug 2016 05:00pm EDT 

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

Albany International Declares Dividend
Friday, 11 Dec 2015 09:15am EST 

Albany International Corp:declared a quarterly dividend of $0.17 per share on the Company's Class A and Class B Common Stock, payable on January 8, 2016, to shareholders of record on December.  Full Article

Albany International Corp declares dividend
Thursday, 3 Sep 2015 10:30am EDT 

Albany International Corp:Declared a quarterly dividend of $0.17 per share on Company's Class A and Class B Common Stock.payable on October 7, 2015, to shareholders of record on September 14, 2015.  Full Article

Albany International Corp comments on FY 2015 revenue guidance
Tuesday, 4 Aug 2015 06:00pm EDT 

Albany International Corp:Sees FY 2015 revenue at least 5 pct. - 10 pct. ahead of FY 2014.  Full Article

Albany International Corp announces unsecured five-year revolving credit facility - Form 8-K
Wednesday, 24 Jun 2015 12:41pm EDT 

Albany International Corp:Enters into $400 mln unsecured five-year revolving credit facility agreement with JPMorgan Chase Bank NA as Administrative Agent.Other lenders JP Morgan Securities LLC & Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as Co-Lead Arrangers & Joint Bookrunners for the syndication of the New Agreement.Other lenders participating in the New Agreement are Bank of America, N.A., (who acted as Syndication Agent); The Bank of Tokyo - Mitsubishi UFJ, Ltd. and Wells Fargo Bank, National Association, (who acted as Documentation Agents);.Branch Banking and Trust Co., TD Bank, N.A., HSBC Bank USA N.A., Nordea Bank Finland Plc, New York Branch, Citizens Bank, N.A., First Niagara Bank, N.A.New Agreement replaced a $330 million five-year facility agreement (the Old Agreement), with the same Agent and many of the same Lenders.  Full Article

Albany International Corp declares quarterly dividend
Friday, 15 May 2015 09:15am EDT 

Albany International Corp:Declares a quarterly dividend of $0.17 per share on Class A and Class B Common Stock.Says payable on July 8, 2015, to shareholders of record on June 5, 2015.  Full Article

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