ALBANY INTERNATIONAL CORP. (NYSE:AIN) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On May 4, 2017, Albany International issued a news release reporting first-quarter 2017 financial results. The Company will host a webcast to discuss earnings at 9:00 a.m. Eastern Time on Friday, May 5. Copies of the news release and management’s related earnings call slide presentation are furnished as Exhibits 99.1 and 99.2, respectively, to this report.
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibit is being furnished herewith:
99.1 News release dated May 4, 2017 reporting first-quarter 2017 financial results. 99.2 Albany International Corp. first-quarter 2017 Earnings Call Slide Presentation.
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. ALBANY INTERNATIONAL CORP. (NYSE:AIN) Recent Trading Information
ALBANY INTERNATIONAL CORP. (NYSE:AIN) closed its last trading session up +0.25 at 48.60 with 121,035 shares trading hands.
