---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-24-000032"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:02:10.304265+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Albany Intl Q1 rev $313M (+16.4%); adj EPS $0.90 vs $0.91; guides FY24

## Summary
- Net revenues $313.3M, up 16.4% YoY; Machine Clothing +20.9% (Heimbach), AEC +10.6%.
- Net income $27.3M ($0.87 diluted EPS); adjusted diluted EPS $0.90 vs $0.91 prior year.
- Gross margin fell >200bps to 34.7% (36.9% Q1 2023); Heimbach integration progressing, Europe softness.
- AEC revenue $128.1M driven by commercial programs; segment operating income $9.2M vs $9.4M prior year.
- FY2024 guidance reaffirmed: revenue $1.26-1.33B, adj EPS $3.55-4.05, Adj EBITDA $260-290M.

## SEC filing metadata
- accession: 0000819793-24-000032
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979324000032/0000819793-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979324000032/ain-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-24-000032
- JSON: https://secwatch.observer/filing/0000819793-24-000032.json
- Plain text: https://secwatch.observer/filing/0000819793-24-000032.txt

## Key facts
- Earnings Releases
  ALBANY INTERNATIONAL CORP /DE/ reported financial results for first quarter 2024.
  - Period: first quarter 2024
  - Result: reported results
  source text: On April 29, 2024 Albany International issued a news release reporting first quarter 2024 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979324000032/0000819793-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.