Albany International Reports First-Quarter 2026 Results
Albany International reported Q1 2026 net revenue of $311.3 million, up 7.8% year-over-year, driven by solid volume growth in the Engineered Composites segment and a strong finish to March in Machine Clothing. Despite the revenue increase, profitability declined with Adjusted EPS falling to $0.60 from $0.73 in the prior year, and Adjusted EBITDA margin contracting to 15.5% due to program mix and foreign currency impacts.
Key figures
- Eps
- 0.54
- Revenue
- $311.3 million
- Guidance
- Q2 2026 revenue $335M-$345M; Adjusted EPS $0.70-$0.80
- Revenue Yoy
- 7.8%
- Net Income
- $15.3 million
- Adjusted Eps
- 0.6
- Adjusted Ebitda
- $48.2 million
- Adjusted Ebitda Margin
- 15.5%
AI analysis
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