earnings
confidence high
sentiment negative
materiality 0.75
Albany International Q1 revenue down 7.8% to $289M; adjusted EPS falls to $0.73 from $0.90
ALBANY INTERNATIONAL CORP /DE/
2025-Q1 EPS reported
$0.56
revenue$288,774,000
- Net revenues $289M (-7.8% YoY); GAAP EPS $0.56 vs $0.87; adjusted EPS $0.73 vs $0.90.
- Machine Clothing revenue $174.7M (-5.7% YoY) on weaker publication, tissue and pulp grades.
- AEC revenue $114.1M (-11.0% YoY) from demand reductions on commercial/space programs; partially offset by CH-53K growth.
- Adjusted EBITDA $55.7M vs $65.4M (-14.8% YoY); FY2025 guidance reaffirmed: adj EPS $3.00-$3.40.
- Management states tariffs not expected to materially impact 2025 performance due to regional setup.