UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report: July 30, 2025 (Date of earliest event reported) ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) | Delaware | 1-10026 | 14-0462060 | | --- | --- | --- | | (State or other jurisdiction | (Commission | (I.R.S Employer | | of incorporation) | File Number) | Identification No.) | | 216 Airport Drive ...

Core Viewpoint - Albany International (AIN) is expected to report a year-over-year decline in earnings and revenues for the quarter ended June 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to show quarterly earnings of $0.73 per share, reflecting an 18% decrease year-over-year, and revenues of $295.26 million, down 11.1% from the previous year [3]. - The consensus EPS estimate has been revised 1.76% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Albany International is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -12.73% [12]. - The stock currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Albany International exceeded the expected earnings of $0.58 per share, achieving $0.73, which was a surprise of +25.86% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Conclusion - Albany International does not appear to be a strong candidate for an earnings beat, and investors should consider additional factors when making investment decisions ahead of the earnings release [17].

Company Overview - Albany International's market capitalization is $2 billion[13] - The company's 2024 revenue reached $1.231 billion[13] - Adjusted EBITDA for 2024 was $232 million[13] - The company's net debt in 2024 was $203 million[13] Machine Clothing (MC) Segment - The MC segment holds approximately 37% of the global paper machine clothing market share[63, 65] - Machine Clothing adjusted EBITDA margin is approximately 37% including Heimbach acquisition[83] - The Heimbach Group acquisition broadens the manufacturing footprint and enhances the sales and service network[81] Albany Engineered Composites (AEC) Segment - The AEC segment is focused on technology differentiation and maximizing customer solutions[101] - The company is investing in next-generation technologies for future growth in the AEC segment[97] Financial Performance & Strategy - The company's strategy for continued growth includes serving vital industries and solid execution[9] - The company's capital deployment is primarily focused on organic growth[37]

Albany International (AIN) 2025 Conference June 11, 2025 04:45 PM ET Speaker0 Thank you very much. I'm here with Gennar Cleveland, President and CEO of Albany International. Gennar, thanks for being here. Speaker1 Glad to be here. Thanks for having us. Speaker0 Can you start out by providing a brief overview of your two business segments, help people get oriented around the Albany story? Speaker1 Yes. So we are two business segments, but we are we have a foundation of weaving and material science that one o ...

Company Overview - Albany International Corp. (AIN) is currently experiencing significant attention from investors due to high implied volatility in its options market, particularly the Jun 20, 2025 $65 Call option [1] - The company holds a Zacks Rank of 4 (Sell) within the Textile - Products industry, which is positioned in the bottom 7% of the Zacks Industry Rank [3] Market Expectations - The high implied volatility indicates that the market anticipates a substantial price movement for Albany International shares, potentially due to an upcoming event that could trigger a significant rally or sell-off [2][3] - Over the past 30 days, the Zacks Consensus Estimate for the current quarter has decreased from 73 cents per share to 69 cents, reflecting a negative sentiment among analysts [3] Trading Strategies - The current high implied volatility may present a trading opportunity, as seasoned options traders often seek to sell premium on options with elevated implied volatility, aiming to benefit from the decay of the option's value [4]

Albany International (AIN) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants JC Chetnani - VP - Investor Relations & TreasurerGunnar Kleveland - President & CEORobert Starr - EVP & CFOMichael Ciarmoli - Managing Director - Aerospace & Defense Equity ResearchJordan Lyonnais - Equity Research AssociateChigusa Katoku - Vice President, Equity Research Conference Call Participants Peter Arment - Senior Research Analyst Operator Thank you for standing by. My name is Pam, and I will be your confe ...

Financial Data and Key Metrics Changes - The company reported revenues of $289 million for Q1 2025, down 7.8% from $313 million in Q1 2024 [20] - Adjusted EBITDA margin was 19.3%, with adjusted diluted EPS at $0.73, compared to $0.90 in the same period last year [7][24] - GAAP net income attributable to the company was $17 million, down from $27 million last year, with GAAP diluted EPS at $0.56 compared to $0.87 [23] Business Line Data and Key Metrics Changes - Machine Clothing segment reported revenues of $175 million, a decrease of 5.7% year-over-year, with an adjusted EBITDA margin of 28.4% [20][24] - Engineered Composites segment revenues were $114 million, down 11% from the previous year, with an adjusted EBITDA margin of 13.5% [14][24] Market Data and Key Metrics Changes - North America experienced a slight decline in deliveries, but strong order flow indicates market strength [8] - Europe is showing signs of recovery with good deliveries and strong orders, while Asia is mixed with some weakness in China [8] Company Strategy and Development Direction - The company is focused on integrating Heimbach and expects to see benefits from this integration in the second half of the year [6][11] - The strategy includes enhancing operational efficiencies and regionalizing business operations to mitigate tariff impacts [12][18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding market conditions, noting that the company was not significantly affected by tariffs in Q1 [6] - The outlook for the second half of 2025 is expected to be stronger due to ramping up at AEC and accelerating Heimbach synergies [26] Other Important Information - The company repurchased $69 million worth of shares in Q1 and has $193 million remaining under its share repurchase authorization [7] - The company is upgrading its SAP system to improve operational efficiencies and analytics [19] Q&A Session Summary Question: Status of LEAP program and inventory management - Management indicated that they are monitoring inventory levels and expect to meet Safran's production schedule, with potential upside in the second half of the year [28] Question: New opportunities for backlog growth - Management noted that there are opportunities in space and missile programs, as well as ramping up across Boeing and Airbus engines [30] Question: Details on the seven-year contract with Bell - Management expressed excitement about the contract, highlighting the opportunity to demonstrate capabilities and achieve projected returns in the high teens for AEC [38] Question: Confidence in Machine Clothing segment growth - Management attributed the decline in organic growth to divestitures but emphasized strong backlog and order strength for the upcoming quarters [56]

Financial Data and Key Metrics Changes - The company reported revenues of $289 million for the first quarter, down 7.8% from $313 million in the same period last year [20] - Adjusted EBITDA margin was 19.3%, with adjusted diluted EPS at $0.73, compared to $0.90 in the prior year [7][23] - Consolidated gross profit was $96 million, or 33.4% of sales, down from $109 million or 34.7% of sales in the prior year [20][22] Business Line Data and Key Metrics Changes - Machine Clothing segment reported revenues of $175 million, a decrease of 5.7% year-over-year, with an adjusted EBITDA margin of 28.4% [9][23] - Engineered Composites segment revenues were $114 million, down 11% from the previous year, with an adjusted EBITDA margin of 13.5% [14][24] Market Data and Key Metrics Changes - North America experienced a slight decline in deliveries, but strong order flow indicates market strength [9] - Europe showed signs of recovery with good deliveries and strong orders, while Asia faced mixed results with some weakness in China [10] Company Strategy and Development Direction - The company is focused on integrating Heimbach and expects to see benefits from this integration accelerate in the second half of the year [6][11] - The strategy includes enhancing operational efficiencies and regionalizing business operations to mitigate tariff impacts [12][13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in the markets but noted that tariffs did not materially impact performance in the first quarter [6] - The company reaffirmed its full-year guidance, expecting stronger performance in the second half of 2025 due to ramping up at AEC and Heimbach synergies [25] Other Important Information - The company repurchased $69 million worth of shares in the first quarter, with $193 million remaining under the current share repurchase authorization [8] - The balance sheet remains strong with a cash balance of over $119 million and $384 million of borrowing capacity [24] Q&A Session Summary Question: Status of LEAP program and inventory management - Management indicated that they are monitoring inventory levels and expect to meet Safran's production schedule, with potential upside in the second half of the year [27][41] Question: Opportunities for backlog growth - Management noted that there are new opportunities in space and missile programs, and they are selective about the projects they pursue [28][39] Question: Details on the new contract with Bell - The company has secured a seven-year contract with Bell, taking over complex parts production, which is seen as an opportunity to demonstrate capabilities [36][38] Question: LEAP revenue growth expectations - Management maintained their plan for the year but noted potential for upside as demand from Boeing and Airbus increases [41] Question: Confidence in Machine Clothing segment growth - Management attributed the decline in organic growth to divestitures but expressed confidence in strong backlog and order strength for the upcoming quarters [59]

Core Insights - Albany International (AIN) reported revenue of $288.77 million for the quarter ended March 2025, reflecting a year-over-year decline of 7.8% and an EPS of $0.73 compared to $0.90 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $290.24 million by 0.51%, while the EPS exceeded the consensus estimate of $0.58 by 25.86% [1] Revenue Performance - Albany Engineered Composites generated revenue of $114.08 million, surpassing the average estimate of $112.10 million, but showing an 11% decline year-over-year [4] - Machine Clothing revenue was reported at $174.70 million, below the average estimate of $178.14 million, with a year-over-year decrease of 5.7% [4] Operating Income - Albany Engineered Composites reported an operating income of $1.62 million, significantly better than the average estimate of -$0.90 million [4] - Machine Clothing's operating income was $38.43 million, which fell short of the average estimate of $44.26 million [4] Stock Performance - Albany International's shares have returned -5.2% over the past month, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Company Performance - Albany International reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, but down from $0.90 per share a year ago, representing an earnings surprise of 25.86% [1] - The company posted revenues of $288.77 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.51% and down from $313.33 million year-over-year [2] - Over the last four quarters, Albany International has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Albany International shares have declined approximately 16.8% since the beginning of the year, compared to a decline of 5.5% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.73 on revenues of $301.21 million, and for the current fiscal year, it is $3.18 on revenues of $1.21 billion [7] Industry Outlook - The Zacks Industry Rank indicates that the Textile - Products sector is currently in the bottom 5% of over 250 Zacks industries, suggesting potential underperformance compared to the top 50% of ranked industries [8] - The outlook for the industry can significantly impact the stock's performance, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]