Albany International (AIN) Misses Q4 EPS by 7c, Misses on Revenue; Offers FY25 Revenue Guidance

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Go back to Albany International (AIN) Misses Q4 EPS by 7c, Misses on Revenue; Offers FY25 Revenue Guidance

Albany International Reports Fourth-Quarter 2024 Results

February 26, 2025 4:20 PM EST

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... More