Q2 2026 saw a 5.8% revenue increase year-over-year, driven by strong AEC growth, while MC faced softness in the Americas. Operating and net income rose, but operating cash flow declined due to higher working capital. The company maintains strong liquidity and expects continued AEC growth and stable…
Q2 2026 saw 5.8% revenue growth, record Engineered Composites results, and strong margins despite Machine Clothing softness from equipment downtime and lower Americas demand. Strategic review of Salt Lake City is on track, with robust aerospace and defense momentum.Based on Albany International Cor…
Second quarter revenue grew 5.8% year-over-year, led by record Engineered Composites performance and margin expansion, while Machine Clothing faced softness in the Americas. Strategic initiatives, including a potential Salt Lake City site sale and new aerospace contracts, support long-term growth.B…
Q2 2026 saw 6% revenue growth and a 90% increase in net income, driven by Engineered Composites strength and cost controls, while Machine Clothing faced cyclical softness. Adjusted EBITDA rose 11.5% to a two-year high, and Q3 guidance projects stable revenues and margins.Original document: Albany I…
Albany International Corp. (NYSE:AIN) today reported operating results for its second quarter of 2026, which ended June 30, 2026.Gunnar Kleveland, Albany International’s President and Chief Executive Officer, said, “Our second-quarter performance delivered the strongest Adjusted EBITDA we have achi…
Industrial equipment and engineered products manufacturer Albany NYSE:AINwill be reporting results this Tuesday before market open. Here’s what to look for.Albany beat analysts’ revenue expectations last quarter, reporting revenues of $311.3 million, up 7.8% year on year. It was a stunning quarter…
Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), and A&P Technology, a global leader in precision braided composite reinforcement technologies, announced today that they are partnering to explore and develop advanced braided composite manufacturing solutions for bo…
