Albany International

Albany International has declared a quarterly dividend of $0.28 per Class A common share. Payment will be made on October 7, 2026, to shareholders of record as of the September 1, 2026 record date. The company manufactures machine tapes and composite components for the aerospace industry and employs about 5,700 people at 25 locations. » Más en de.investing.com

Albany International is working with Cyclezyme on enzymatic processes for depolymerization and recycling of polyester- and polyamide-based industrial textiles. Cyclezyme has depolymerized material samples, developed several nylon-degrading enzymes, and conducted optimization and analytical work to improve degradation efficiency. The partners are preparing the next project phase for scaling and industrial applications. Investors have taken note of the innovation progress; AIN stock is trading near its 52-week high and has shown significant price gains in recent months. » Más en de.investing.com

Albany International reported Q1 2026 revenue of $311.3m (+7.8%), comfortably beating analyst estimates, while adjusted EBITDA fell to $48.2m and the EBITDA margin dropped to 15.5%. Engineered Composites drove the growth (+27.4% revenue) thanks to LEAP and defense programs but showed margin pressure; Machine Clothing suffered from a plant outage and declining volumes. Adjusted diluted EPS fell to $0.60 (−17.8%) and missed expectations, though free cash flow improved year over year. For Q2 management guides revenue of $335–345m and adjusted EPS of $0.70–0.80, with expectations of continued margin improvement in the second half of the year. » Más en de.investing.com