Edition:
United States

Albany International Corp (AIN)

AIN on New York Consolidated

50.40USD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Albany International announces CEO succession plan
Tuesday, 1 Aug 2017 05:05pm EDT 

Aug 1 (Reuters) - Albany International Corp :Albany International announces CEO succession plan.Says CEO and president Joseph Morone to retire.Albany International Corp - ‍board has instituted a CEO search to consider candidates to succeed Morone​.  Full Article

Albany International Q2 earnings per share $0.03
Tuesday, 1 Aug 2017 05:00pm EDT 

Aug 1 (Reuters) - Albany International Corp :Albany International reports second-quarter results.Q2 earnings per share $0.03.Sees fy 2017 revenue up 25 to 35 percent.Q2 sales rose 6.1 percent to $215.6 million.Q2 adjusted non-gaap earnings per share $0.16 excluding items.Albany International Corp - continue to estimate full-year spending in 2017 to be $95 million to $105 million.Albany International Corp - expect net debt to increase over second half of year.  Full Article

Albany says Q1 EPS $0.34
Friday, 5 May 2017 06:04am EDT 

May 5 (Reuters) - Albany International Corp :Albany International reports first-quarter results.Q1 earnings per share $0.34.Q1 sales rose 15.6 percent to $199.3 million.Sees FY 2017 revenue up 25 to 35 percent."business remains on track toward its full-year target of 25% to 35% revenue growth over 2016".  Full Article

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

BRIEF-Albany International announces CEO succession plan

* Albany International Corp - ‍board has instituted a CEO search to consider candidates to succeed Morone​ Source text for Eikon: Further company coverage: