earnings
confidence high
sentiment neutral
materiality 0.70
Albany International Q1 revenue up 7.8% to $311.3M; net income down to $15.3M
ALBANY INTERNATIONAL CORP /DE/
2026-Q1 EPS reported
$0.54
revenue$311,333,000
- Net revenue $311.3M vs $288.8M; net income $15.3M ($0.54 diluted EPS) vs $17.4M ($0.56).
- Adjusted EPS $0.60 vs $0.73; adjusted EBITDA $48.2M vs $55.7M; margin 15.5% vs 19.3%.
- Machine Clothing revenue -8.5% constant currency on Asia weakness; Engineered Composites +24.7% on commercial/defense volume.
- Q2 2026 guidance: revenue $335-345M, adjusted EPS $0.70-0.80, effective tax rate 31.5%.
- Dividend raised to $0.28/share from $0.27; net debt $354M; capex $9.3M.
item 2.02item 9.01