UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 OR (State or other jurisdiction of incorporation or organization) 216 Airport Drive, Rochester, New Hampshire (Address of principal executive offices) 14-0462060 (IRS Employer Identification No.) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

Albany International Corp. (NYSE:AIN) Q2 2023 Results Conference Call July 27, 2023 9:00 AM ET Company Participants John Hobbs - Director of Investor Relations Bill Higgins - President and Chief Executive Officer Rob Starr - Chief Financial Officer and Treasurer Conference Call Participants Gautam Khanna - TD Cowen Michael Ciarmoli - Truist Securities Jan-Frans Engelbrecht - Baird Operator Good day, and thank you for standing by. Welcome to the Albany International Corporate Earnings Conference Call [Operat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 1-10026 ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) Delaware (State or other juris ...

Albany International Corp. (NYSE:AIN) Q1 2023 Earnings Conference Call April 26, 2023 9:00 AM ET Company Participants John Hobbs - Director of Investor Relations Bill Higgins - President & Chief Executive Officer Robert Starr - Chief Financial Officer Conference Call Participants Gautam Khanna - Cowen Michael Ciarmoli - Truist Securities Jordan Lane - Bank of America Tony Bancroft - Gabelli Funds Operator Ladies and gentlemen, thank you for standing by. Welcome to the Albany International First Quarter 2023 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 216 Airport Drive, Rochester, New Hampshire OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Form 10-Q Commission file number: 1-10026 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission file number: 1-10026 ____________________________________________________ ...

Albany International Corp. (NYSE:AIN) Q4 2022 Earnings Conference Call February 14, 2023 9:00 AM ET Company Participants John Hobbs – Director-Investor Relations Bill Higgins – President and Chief Executive Officer Stephen Nolan – Chief Financial Officer Conference Call Participants Peter Arment – Baird Gautam Khanna – Cowen Sam Yellen – J.P. Morgan Pete Skibitski – Alembic Global Michael Ciarmoli – Truist Securities Operator Ladies and gentlemen, thank you for standing by. And welcome to the Albany Intern ...

Financial Data and Key Metrics Changes - Total company net sales for Q3 2022 were $260.6 million, an increase of 12.1% compared to $232.4 million in Q3 2021, with a 16.5% increase on a constant currency basis [14] - GAAP EPS was $0.34, down from $0.95 in the previous year, while adjusted EPS rose to $1.15 from $0.83 [20] - Adjusted EBITDA increased by 13% to $68.1 million compared to the same period last year [20] Business Segment Data and Key Metrics Changes - Engineered Composites segment saw a 41.6% increase in net sales, primarily driven by growth in LEAP and CH-53K programs [15] - Machine Clothing segment reported a 3.8% increase in net sales on a constant currency basis, with gross margins slightly up at 51.7% [14][16] - Adjusted EBITDA for Machine Clothing was $59.1 million, roughly flat compared to the previous year, while Engineered Composites adjusted EBITDA was $21.5 million, up from $16.3 million [20] Market Data and Key Metrics Changes - Global demand for paper machine clothing remained steady, with sales higher year-over-year in the Americas, Asia, and Europe [7] - The company noted healthy order bookings despite challenges from COVID lockdowns in China and the war in Ukraine [7] Company Strategy and Development Direction - The company aims to leverage its strong balance sheet for investments in new product development and organic growth [12] - Machine Clothing's strategy focuses on higher growth and value-added markets, while Engineered Composites is diversifying its customer base and pursuing new opportunities in defense and commercial applications [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of both business segments despite ongoing inflation and supply chain challenges [12] - The outlook for the Machine Clothing segment remains strong, with expectations of flat revenues for the full year due to currency impacts being offset by pricing and increased demand [22][23] Other Important Information - A significant pension settlement charge of $49.1 million impacted GAAP reported income [13] - The company completed the purchase of group annuity contracts to eliminate liabilities associated with US defined benefit pension plans [13] Q&A Session Summary Question: Follow-up on Machine Clothing margin outlook - Management acknowledged ongoing supply chain challenges and inflationary pressures but expressed confidence in managing costs effectively [30][31] Question: Drivers behind fourth quarter guidance - Management indicated that currency effects, seasonal shipping challenges, and rising input costs would impact fourth quarter performance [38][39] Question: Update on 787 program and production ramp - Management noted that production for the 787 remains idle, with no clear timeline for resumption [50][51] Question: LEAP program expectations for next year - Management confirmed no pinch points in production capacity and indicated that they would set production plans in collaboration with Safran [62][64] Question: Channel inventory status - Management reported no excess inventory in the channel and noted healthy order trends going into Q4 [66] Question: Growth opportunities in AEC - Management highlighted ongoing growth in LEAP and CH-53K programs, with several smaller defense opportunities also in the pipeline [68][72]