Albany Intl Corp Stock Price, News & Analysis

Albany International (NYSE:AIN) announced it is relocating its corporate headquarters from Rochester, New Hampshire to Pease International Tradeport, 325 Corporate Drive, Portsmouth, NH, effective October 16, 2025.

The company said the move supports employee well-being, collaboration, and long-term growth by placing headquarters in a business hub with >250 companies and strong transport links. Rochester will remain a center for Engineered Composites R&D and Albany Safran Composites manufacturing, with additional composites manufacturing opportunities being developed there.

Albany International (NYSE: AIN) released its 2024 Climate Report on October 7, 2025, outlining progress in sustainability, innovation, and climate-related disclosures.

Leadership emphasized integrating climate into business strategy, focusing on product-level emissions and Product Carbon Footprint to identify design and emissions-reduction opportunities across the value chain. The company affirmed commitments to transparency, accountability, science-based innovation, and stakeholder collaboration. The full report is available for viewing and download at www.albint.com/sustainability.

Albany International (NYSE:AIN) announced that its subsidiary Albany Engineered Composites (AEC) has secured multiyear contract extensions with Lockheed Martin's Missiles & Fire Control division for the JASSM and LRASM missile programs through 2029.

The contracts involve AEC's Salt Lake City facility continuing to produce specialized composite components using their advanced braiding and resin transfer molding technologies. This extension reinforces the strategic partnership between AEC and Lockheed Martin across various military programs including fixed-wing fighter aircraft, rotorcraft, and missiles.

Albany International (NYSE:AIN) has announced a quarterly dividend declaration. The company's Board of Directors has approved a dividend of $0.27 per share on its Class A Common Stock. Shareholders who are on record as of September 2, 2025, will receive the dividend payment on October 7, 2025.

Soluna Holdings (NASDAQ: SLNH), a green data center developer for Bitcoin mining and AI applications, announced the resignation of CFO John Tunison, effective August 21st. David Michaels, a board member with previous interim CFO experience at the company, will serve as interim CFO and Treasurer.

Under Tunison's leadership, the company achieved several key milestones, including securing over $90 million in project financing, reaching agreements with convertible noteholders, amending Series B Preferred Stockholder terms, completing convertible notes conversion, and driving 80.5% revenue growth to $38 million in 2024. The departure is not related to any disputes regarding company practices or financial reporting.

Albany International (NYSE:AIN) reported Q2 2025 results with net revenues of $311 million, down 6.2% year-over-year. The company faced challenges as net income decreased to $9 million ($0.31 per share) compared to $25 million ($0.79 per share) in Q2 2024.

Key financial metrics include: gross profit of $98 million (down 13.2% YoY), operating income of $22 million (vs. $43 million in 2024), and Adjusted EBITDA of $52 million (down 17.8%). The company maintained its full-year 2025 guidance, projecting revenue between $1.165-1.265 billion and Adjusted EPS of $3.00-3.40.

Performance was impacted by reduced demand in Asia, unplanned equipment downtime in Machine Clothing, and lower revenues in certain commercial and space programs in Albany Engineered Composites (AEC).

Albany International (NYSE:AIN) has appointed Willard Station as Executive Vice President and Chief Financial Officer, effective September 1, 2025. Station, 49, will succeed interim CFO Jairaj Chetnani.

Station brings significant experience from his recent role as Senior Vice President of Primary Care Sales at McKesson Medical-Surgical, where he led a team of over 1,200 executives. His background includes serving as CFO at McKesson Medical-Surgical and 16 years at Boeing, where he held senior finance positions including VP and CFO of Commercial Derivatives Airplanes.

The appointment strengthens Albany International's senior leadership team as the company focuses on executing its growth and profitability objectives.

Albany International (NYSE:AIN) has scheduled its 2025 second-quarter earnings release for Wednesday, July 30, 2025 after market close. The company will host a webcast to discuss the results on Thursday, July 31, 2025 at 9:00 a.m. Eastern Time. Investors can access the live webcast through Albany International's Investor Relations website at investors.albint.com. A replay of the webcast will be available at approximately noon Eastern Time on July 31.

Albany International Corp. (NYSE:AIN) has announced that its President and CEO Gunnar Kleveland will be presenting at the Wells Fargo 2025 Industrials & Materials Conference. The presentation is scheduled for Wednesday, June 11, 2025, at 4:45 p.m. ET. Investors and interested parties can access the live webcast through the company's Investor Relations website at investors.albint.com. A replay of the presentation will be made available on the website after the event concludes.