Management is sharpening strategic focus on high-value applications with clear competitive advantages while exiting non-core, low-margin activities to improve the overall operating profile. Engineered Composites (AEC) served as the primary growth engine, driven by broad-based volume increases across commercial aerospace and defense programs. Machine Clothing (MC) performance was pressured by paper overcapacity and softer demand in China, though volumes in that region appeared to stabilize sequentially ...

Financial Data and Key Metrics Changes - The company reported total consolidated sales of $321.2 million, up 12% year-over-year, driven by higher sales in the Engineered Composites business, partially offset by softer demand in Machine Clothing, particularly in China [7][16] - Adjusted EBITDA for the fourth quarter was $57.3 million, representing 17.8% of sales, compared to $50 million or 17.4% of sales in the year-ago period [7][16] - Free cash flow generated in 2025 was approximately $81 million, providing flexibility for investments and shareholder returns [10] Business Line Data and Key Metrics Changes - In the Machine Clothing segment, sales were down mid-single digits year-over-year, driven by lower volumes in China, with segment revenue at $177.5 million compared to $188.1 million in the prior year [7][16] - The Engineered Composites segment delivered strong performance with sales of $143.7 million, compared to $98.8 million in the year-ago period, driven by broad-based volume increases across multiple programs [9][17] Market Data and Key Metrics Changes - Demand conditions in Machine Clothing remain mixed across regions, with stable volume in North America but pressure on order rates due to consolidation and mill closures [7][8] - In Asia, paper overcapacity continued to pressure segment-level results, particularly in China, although there was no further deceleration in the fourth quarter [8][16] Company Strategy and Development Direction - The company has sharpened its strategic focus on high-value applications where it holds clear competitive advantages while exiting non-core activities [6] - Albany International is investing in innovation and advanced manufacturing capabilities, with a focus on high-value applications across commercial, aerospace, defense, and emerging platforms [5][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to recover from recent operational challenges and expects to make up lost production over the year [10][24] - The outlook for 2026 includes stable demand conditions in Europe and North America for Machine Clothing, with continued growth anticipated in Engineered Composites [23][25] Other Important Information - The company returned approximately $218 million to shareholders through share repurchases and dividends, including the repurchase of roughly 10% of shares outstanding [10][11] - The effective tax rate for the fourth quarter was 39.3%, an increase from 28% in the year-ago period due to the expiration of a Foreign Tax Credit [20] Q&A Session Summary Question: What is the expected run rate for Machine Clothing in 2026? - Management expects the run rate to hold through the year, with a cautious outlook on recovery from equipment failure [27][28] Question: What is the growth outlook for the Engineered Composites segment? - The segment is expected to continue strong growth, particularly from the LEAP program and missile applications, with margins projected to remain stable [29][30] Question: What is the company's strategy regarding the Amelia Earhart facility? - The facility is under strategic review, with interest from both private equity and strategic buyers, and management is optimistic about the site's capacity [44][45] Question: Will there be any negative charges in the future? - Management does not expect any large charges going forward, having taken significant steps to de-risk the program [50][51]

Albany International (NYSE:AIN) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Company ParticipantsGunnar Kleveland - President and CEOKaren Blomquist - Director of Investor RelationsWill Station - CFOConference Call ParticipantsMichael Ciarmoli - Senior Research AnalystRonald Epstein - Managing Director and Equity Research AnalystSteve Tusa - Managing Director and Equity Eesearch AnalystOperatorLadies and gentlemen, thank you for standing by. Hello, and welcome to Q4 2025 Albany International Corp Ear ...

Albany International (NYSE:AIN) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Speaker3Ladies and gentlemen, thank you for standing by. Hello, and welcome to Q4 2025 Albany International Corp Earnings Conference Call. All lines have been placed on mute to prevent any background noise. I would now like to turn the conference over to our Director of Investor Relations, Karen Blomquist. Please go ahead.Speaker1Thank you, operator. Good morning, everyone. Welcome to Albany International's fourth quarter 20 ...

SAFE HARBOR STATEMENT PROPRIETARY & CONFIDENTIAL Q4 2025 EARNINGS UPDATE February 24, 2026 This document contains proprietary, confidential, and/or trade secret information. Possessing, using, copying or disclosing this document to or for the benefit of any third party without prior written consent may result in criminal and/or civil liability. This presentation contains certain items, such as earnings before interest, taxes, depreciation and amortization (EBITDA), Adjusted EBITDA, Adjusted EBITDA Margins, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report: February 24, 2026 (Date of earliest event reported) ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) | Delaware | 1-10026 | 14-0462060 | | --- | --- | --- | | (State or other jurisdiction | (Commission | (I.R.S Employer | | of incorporation) | File Number) | Identification No.) | | 325 Corporate ...

Core Insights - The industrials sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, with values below 30 indicating potential buying opportunities [1] Company Summaries - **Voyager Technologies Inc (NYSE:VOYG)**: Recently announced a strategic partnership with Infleqtion to advance quantum technology. The stock has fallen approximately 47% over the past month, with an RSI of 25.4. The stock price rose 2.3% to close at $18.51 [8] - **Albany International Corp (NYSE:AIN)**: Reported weaker-than-expected quarterly earnings and is undergoing a strategic review of its structures assembly business. The stock has decreased around 27% in the last month, with an RSI of 21. The stock price increased by 2.2% to close at $42.35 [8] - **Loar Holdings Inc (NYSE:LOAR)**: Posted mixed results for the third quarter, citing strong growth in commercial passenger traffic and defense products. The stock has declined about 20% over the past month, with an RSI of 28. The stock price rose 2.5% to close at $65.36 [8]

Core Insights - The industrials sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - Voyager Technologies Inc (NYSE: VOYG) has an RSI of 25.4, with a stock price decline of approximately 47% over the past month, reaching a 52-week low of $17.52 [8] - Albany International Corp (NYSE: AIN) has an RSI of 21, with a stock price drop of around 27% in the last month, hitting a 52-week low of $41.15 [8] - Loar Holdings Inc (NYSE: LOAR) has an RSI of 28, with a stock price decrease of about 20% over the past month, reaching a 52-week low of $62.10 [8] Group 2: Recent Developments - Voyager Technologies announced a strategic partnership with Infleqtion to advance quantum technology [8] - Albany International is undergoing a strategic review of its structures assembly business, including potential site sales, following weaker-than-expected quarterly earnings [8] - Loar Holdings reported mixed results for the third quarter, citing strong growth in commercial passenger traffic and defense product demand [8]

Core Viewpoint - Albany's shares fell 9.1% following disappointing Q3 financial results, a significant loss reserve announcement, and the withdrawal of its full-year 2025 guidance [1] Financial Performance - Q3 revenue was $261.4 million, a 12.4% decline from the previous year, and significantly below estimates of $297.9 million [2] - The company reported a GAAP net loss of approximately $97.8 million, a sharp decline from a profit of $18 million in the same period last year [2] - A $147 million loss reserve was announced for the Albany Engineered Composites segment, primarily due to challenges with the CH-53K program, increased labor and material costs, and no clear path to profitability [2] Market Reaction - Shares closed at $48.14, down 10.8% from the previous close, indicating a significant market reaction to the news [3] - Albany's stock has shown low volatility, with only 7 moves greater than 5% in the past year, suggesting that the market views this news as meaningful [4] Year-to-Date Performance - Albany's stock is down 39.1% since the beginning of the year and is trading 44.1% below its 52-week high of $86.24 from November 2024 [6] - An investment of $1,000 in Albany's shares five years ago would now be worth $811.17 [6]

Core Viewpoint - The article discusses the volatility in the stock market, highlighting that while it presents opportunities, it also increases risks, making both significant gains and declines possible. The focus is on identifying one stock with potential for high returns and two stocks that are not recommended for investment. Group 1: Stocks to Sell - Albany (AIN) is a global textiles and materials processing company with a rolling one-year beta of 1.45, trading at $49.48 per share, which corresponds to a forward P/E of 16.1x [2][4] - Orion (ORN) provides construction services for marine infrastructure and industrial projects, has a rolling one-year beta of 2.34, and is priced at $10.09 per share, reflecting a forward P/E of 40.4x [5][7] Group 2: Stock to Watch - Community Bank (CBU) is a financial holding company with a rolling one-year beta of 1.09, offering various financial services. Its annual revenue growth over the last two years was 10.8%, indicating an increase in market share [8][11] - CBU's earnings per share grew by 5.5% annually over the last two years, significantly outperforming its peers [11] - The expected tangible book value per share growth of 20.2% suggests that CBU's capital strength will likely improve over the next 12 months [11]