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Stock impact report

Albany International Reports Second-Quarter 2025 Results

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Business Wire
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its second quarter of 2025, which ended June 30, 2025."Overall, I am encouraged with our progress this year. Our business segment leaders are performing well as they restructure, invest and strengthen their operations. Our second quarter financial results lagged our expectations, but the performance was largely impacted by certain timing and operational issues and we are confident in our recovery," said President and CEO, Gunnar Kleveland."In Machine Clothing, despite some second quarter timing and market headwinds, the business delivered expected returns on the lower volume and showed growth from the first quarter. AEC delivered strong sequential quarter growth and continues to accelerate its disciplined long-term operational strategy," concluded Kleveland.For the second quarter ended June 30, 2025:Net revenues were $311 million, down 6.2%, or 7.4% after adjusting for curr Show less Read more
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