---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-24-000064"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:54:53.913206+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Albany Intl lowers FY2024 adj. EPS guidance to $2.90-$3.40 on $24M charge

## Summary
- Pre-announces ~$24M negative Estimate-at-Completion adjustment in Q3 from higher costs and customer production suspension.
- Additional ~$8M pre-tax headwind from other forecast changes; Q3 2024 conference call scheduled for today 8:30 a.m. ET.
- Revised FY2024 revenue guidance $1.22B-$1.26B; total co. Adjusted EBITDA $230M-$250M.
- AEC segment revenue $480M-$500M; AEC Adjusted EBITDA $65M-$75M (high-teen margins).
- Machine Clothing revenue $740M-$760M; Adjusted EBITDA $235M-$245M; Heimbach integration on track.

## SEC filing metadata
- accession: 0000819793-24-000064
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979324000064/0000819793-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979324000064/ain-20241003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-24-000064
- JSON: https://secwatch.observer/filing/0000819793-24-000064.json
- Plain text: https://secwatch.observer/filing/0000819793-24-000064.txt

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