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Stock impact report

Albany International Reports Third-quarter 2019 Results

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Business Wire
Albany International Reports Strong Net Sales Growth Albany International Increases 2019 Profit Guidance ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its 2019 third quarter, which ended September 30, 2019.“Albany International delivered another very strong quarter in Q3 2019. Total company Net sales growth over last year was an impressive 8%, and 9% on a constant dollar basis. We also continued to deliver strong profitability: compared to Q3 2018, our Net income grew approximately 43%. I thank all of Albany’s employees for contributing to these results,” said Albany International President and Chief Executive Officer Olivier Jarrault.“The focus on customer service levels and on product innovation leadership, as well as the continued deployment of a standardized, disciplined operating system, have resulted in our ability to deliver outstanding performance across the company. The Engineered Composites segment delivered 2 Show less Read more
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