ALBANY INTERNATIONAL CORP. (NYSE:AIN) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.
Exhibit 99.1Corrected news release reporting fourth-quarter 2017 financial results. Exhibit 99.2Albany International Corp. corrected fourth-quarter 2017 Earnings Call Slide Presentation.
ALBANY INTERNATIONAL CORP /DE/ ExhibitEX-99.1 2 a51758745ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 CORRECTING and REPLACING Albany International Reports Fourth-Quarter Results Fourth-quarter Highlights Net sales were $226.7 million,…To view the full exhibit click here
About ALBANY INTERNATIONAL CORP. (NYSE:AIN)
Albany International Corp. is a textiles and materials processing company. The Company operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). Its MC segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. Its AEC segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered, advanced composite structures based on its technology to customers in the aerospace and defense industries. The segment also designs, develops and manufactures advanced composite parts for aerospace and other applications, using a range of core technologies. It operates approximately 20 plants in over 10 countries.
