Albany International Reports Fourth-Quarter 2024 Results

Albany International Corporation (AIN)
Last albany international corporation earnings: 4/29 05:05 pm
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albint.com/en-us/investor/pages/home.aspx
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Source: Business Wire
Board Authorizes New $250 Million Share Repurchase Program ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its full year and fourth quarter of 2024, which ended December 31, 2024."We continue to perform well in both our businesses, as evidenced by strong results at Machine Clothing and ongoing operational progress steered by new leadership at Engineered Composites," said Gunnar Kleveland, President and Chief Executive Officer. "For the full year we reported record revenues of nearly one and a quarter billion dollars driven by organic growth and our Heimbach acquisition. With increased focus on working capital and cash flow, we generated Free Cash Flow of $59 million
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News
- Albany International Profiled for World Engineering Day 2025 [Yahoo! Finance]Yahoo! Finance
- Albany International Profiled for World Engineering Day 2025Business Wire
- Earnings Miss: Albany International Corp. Missed EPS By 5.9% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Albany International Corp. (NYSE: AIN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Albany International Corp. (NYSE: AIN) had its price target lowered by analysts at Robert W. Baird from $104.00 to $92.00. They now have an "outperform" rating on the stock.MarketBeat
AIN
Earnings
- 2/26/25 - Miss
AIN
Sec Filings
- 3/5/25 - Form 4/A
- 3/5/25 - Form 4/A
- 3/5/25 - Form 4/A
- AIN's page on the SEC website