Albany International Corporation Common Stock (AIN)
71.46
-3.53 (-4.71%)
Albany International Corp is a global technology leader that specializes in the design and manufacturing of advanced materials and components, primarily for the aerospace and industrial sectors
The company focuses on creating innovative products, such as engineered textile solutions and composite materials, which enhance the performance and efficiency of various applications. With a commitment to sustainability and cutting-edge engineering, Albany International plays a vital role in advancing technologies that support the growth of its customers across diverse industries, including aviation and manufacturing.
Albany International Corp. (NYSEAIN) is honored to be one of 80 companies profiled for the World Engineering Day 2025 campaign. World Engineering Day for Sustainable Development (WED) 2025 will be launched at UNESCO’s Paris headquarters on 4 March 2025, marking the start of a year-long campaign of events, films and related articles and news.
Industrial equipment and engineered products manufacturer Albany (NYSEAIN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 11.3% year on year to $286.9 million. The company’s full-year revenue guidance of $1.22 billion at the midpoint came in 6% below analysts’ estimates. Its non-GAAP profit of $0.58 per share was 12% below analysts’ consensus estimates.
Industrial equipment and engineered products manufacturer Albany (NYSEAIN)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
The Board of Directors of Albany International Corp. (NYSEAIN) today declared a quarterly dividend of $0.27 per share on the Company’s Class A Common Stock.
Albany International announces the shift of operations from its Ballo, Italy facility to Merone, aiming to streamline costs and align with market demand.
Albany International Italia Srl, an affiliate of Albany International Corp. (NYSEAIN), announced today that it will initiate consultations with employee representatives regarding the decision to discontinue manufacturing operations at a leased facility in Ballo, Italy, and to transfer production to a facility in Merone, Italy owned by Industrie Tessili Bresciane Srl, a separate affiliate of Albany International Corp. The action is subject to local law and will be implemented in accordance with such law after consultation with the employees’ representative body.
Albany International has been included on the Forbes list of America’s Best Employers 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on February 12th, 2025, and can be viewed on Forbes’ website.
Albany International Corp. (NYSEAIN) will release 2024 fourth-quarter results Wednesday, February 26, 2025 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Thursday, February 27, 2025. Interested parties are encouraged to listen to the live webcast via the Company’s Investor Relations website at investors.albint.com.
Albany currently trades at $80.77 per share and has shown little upside over the past six months, posting a small loss of 2.2%. The stock also fell short of the S&P 500’s 6.3% gain during that period.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Albany (NYSEAIN).
Let’s dig into the relative performance of Icahn Enterprises (NASDAQIEP) and its peers as we unravel the now-completed Q3 general industrial machinery earnings season.
The Board of Directors of Albany International Corp. (NYSEAIN) today declared a quarterly dividend of $0.27 per share on the Company’s Class A Common Stock, an increase of 4%, or $0.01 per share, from the prior dividend.
Heimbach Switzerland AG, an affiliate of Albany International Corp. (NYSEAIN), announced today that it will initiate consultations with employee representatives regarding a proposal to discontinue manufacturing operations in Olten, Switzerland, and to transfer production to other Heimbach GmbH manufacturing facilities. The reduction is subject to local law and will be implemented in accordance with such law and in consultation with the employees’ representative body.
Industrial equipment and engineered products manufacturer Albany (NYSEAIN) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.1% year on year to $298.4 million. On the other hand, the company’s full-year revenue guidance of $1.24 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $0.57 per share was 37.7% above analysts’ consensus estimates.
Industrial equipment and engineered products manufacturer Albany (NYSEAIN)
will be announcing earnings results tomorrow after market hours. Here’s what you need to know.
Albany International Corp. (NYSEAIN) will release 2024 third-quarter results Wednesday, October 30, 2024 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Thursday, October 31, 2024. Interested parties are encouraged to listen to the live webcast via the Company’s Investor Relations website at investors.albint.com.
Albany International Corp. (NYSEAIN) announced today the publication of its 2023 Taskforce on Climate-related Financial Disclosures (TCFD) Report. The TCFD provides a common framework to articulate to stakeholders the Company’s strategy for managing its climate-related risks and opportunities, and to show how its products and operations are aligned with the transition to a low-carbon, sustainable global economy.
Albany International Corp. (NYSEAIN) announced today that Gunnar Kleveland, President and CEO, and Robert Starr, Executive Vice President and CFO, will participate in a presentation at 10:50 a.m. Central Time, on Thursday November 14, 2024 at Baird’s Global Industrial Conference in Chicago.
