Albany International (NYSE: AIN) reported Q4 EPS of $0.35, may not compare to the analyst estimate of $0.39. Revenue for the quarter came in at $191.7 million versus the consensus estimate of $197.1 million.

“As for our outlook, on the surface, we expect 2015 to be similar to 2014. In MC, we will continue to pursue continuous productivity improvement and incremental, GNP-driven growth in strategic markets to offset erosion in the market for publication grades and intense price pressures in Europe and Asia. Assuming global macroeconomic conditions hold steady, we look for 2015 MC Adjusted EBITDA to be comparable to 2014. And in AEC, we currently expect 2015 sales to be 5 to 10 percent ahead of 2014, with a steadier run rate than we experienced in 2014.

“But beneath the surface, 2015 will be an important year for both businesses. In MC, it will be marked by several machine start-ups in strategic markets, a number of field-based trials of our new technology platform, and as always several contract negotiations with important customers. In AEC, the overwhelming priority in 2015 will be to continue to advance our LEAP plants toward production readiness. At the same time, given the development of AEC's research and technology capability and the growing array of projects now under way, we expect to learn a great deal more over the course of 2015 about AEC’s growth potential beyond the initial LEAP program.

“In sum, performance in Q4 2014 was strong and in line with our expectations; and while our outlook for 2015 is for comparable performance to 2014, the year ahead will be a pivotal one for the long-term prospects of both our businesses.”

For earnings history and earnings-related data on Albany International (AIN) click here.