Albany International (AIN) Tops Q4 EPS by 21c

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Go back to Albany International (AIN) Tops Q4 EPS by 21c

Albany International Reports Fourth-Quarter 2021 Results

February 15, 2022 4:25 PM EST

ROCHESTER, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE: AIN) today reported operating results for its fourth quarter of 2021, which ended December 31, 2021.

"We are pleased to report another strong quarter, capping a great year in 2021," said Bill Higgins, President and Chief Executive Officer. "Our employees performed remarkably well throughout the year serving customers, winning new business, developing new products, and navigating supply chain and COVID challenges. For the year the Company generated record free cash flow and very healthy Adjusted EBITDA margins. The team has continued to demonstrate world-class operational performance... More