secwatch.observer — SEC 8-K summary
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Issuer:     ALBANY INTERNATIONAL CORP /DE/ (AIN)
CIK:        0000819793
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001628280-26-028598
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albany International Q1 revenue up 7.8% to $311.3M; net income down to $15.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/819793/000162828026028598/0001628280-26-028598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/819793/000162828026028598/ain-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028598

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer