​Albany International Press Releases

Albany International Announces New Director Nominee
February 23, 2018
Albany International Announces New Director Nominee
Albany International Corp. announced today that its Board of Directors has nominated Lee C. Wortham as a candidate for election to the Board at the Annual Meeting of Stockholders, to be held on May 11, 2018. In connection with Mr. Wortham’s nomination, current Director John C. Standish has informed the Company of his intention to retire from the Board, effective May 11, 2018. (more)
 
Albany International Declares Dividend
February 23, 2018
Albany International Declares Dividend
At its meeting today, the Board of Directors declared a quarterly dividend of $0.17 per share on the Company's Class A and Class B Common Stock. (more)
 
Albany International Announces New CEO
February 5, 2018
Albany International Announces New CEO
Albany International Corp. (NYSE:AIN) announced today its Board of Directors has appointed Olivier Jarrault as President, Chief Executive Officer and a member of the Board to succeed Joseph G. Morone, effective March 2. (more)
 
Albany International Reports Fourth-Quarter Results
February 5, 2018
Albany International Reports Fourth-Quarter Results
Net sales were $226.7 million, an increase of 6.4% compared to 2016. Net income attributable to the Company was $5.9 million ($0.18 per share), including a net charge of $5.1 million ($0.16 per share) for income tax adjustments resulting primarily from changes in U.S. tax laws. Q4 2016 Net income attributable to the Company was $15.8 million ($0.49 per share), including a net benefit of $2.5 million ($0.08 per share) from income tax adjustments. Net income attributable to the Company, excluding adjustments (a non-GAAP measure), was $0.44 per share, compared to $0.36 per share in Q4 2016. Adjusted EBITDA (a non-GAAP measure) was $43.4 million, compared to $38.3 million in Q4 2016. Q4 2016 Adjusted EBITDA included a charge of $2.5 million related to the theft of cash in Japan. (more)
 

​Albany International In The News

LEAP of Faith
July 18, 2016
LEAP of Faith
Behind Albany International’s escalating success in aerospace composites is an inspiring story of management conviction based on a “cash and grow” strategy. Composites in Manufacturing's Adrian Wilson reports. (more)
 
Plug and Play - Aviation Week & Space Technology
September 4, 2014
Plug and Play - Aviation Week & Space Technology
787-based eco Demonstrator readied for second flight phase following CMC nozzle tests (more)
 
Fanning Out - Aviation Week & Space Technology
April 21, 2014
Fanning Out - Aviation Week & Space Technology
New fan blade factories underscore Safran's confidence in LEAP engine and US partnership (more)
 

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Press Contact
 

Heather Kralik

Senior Director, Communications & Investor Relations

+1 (801) 505-7001 heather.kralik@albint.com