Albany International Announces Upcoming Earnings Call Details
Albany International Corp. Earnings Release Announcement
Albany International Corp. (NYSE: AIN) has scheduled its fourth-quarter earnings release for the year 2024 on a Wednesday, shortly after market closure. This anticipated announcement marks an important moment for stakeholders who are keen to glean insights into the company's performance amidst a dynamic market landscape.
Details of the Earnings Release
On the release date, the company is set to share its financial results with investors and analysts. The formal presentation will take place during a live webcast, which is intended to offer a detailed discussion regarding the quarter’s results. This event will occur at 9:00 a.m. Eastern Time the day after the earnings are published, providing enough time for the market to react to the latest figures before the discussion starts.
Live Webcast Accessibility
For those interested in participating, Albany International encourages listeners to access the live webcast through the company's dedicated Investor Relations website. This is an excellent opportunity for investors, shareholders, and market watchers to gain insights directly from the company’s leadership.
Webcast Archive Availability
After the live event, an archive of the webcast will be made available for replay on the company’s website. This feature ensures that stakeholders who couldn't join live can still catch up on the critical insights shared during the presentation.
About Albany International Corp.
Albany International Corp. is recognized as a premier developer and manufacturer of engineered components, specifically through the application of advanced materials processing and automation technologies. The company operates two key business segments that significantly contribute to its ongoing success.
Machine Clothing Division
The Machine Clothing division stands out as a global leader, producing custom-designed, durable belts that are essential for the production of various paper products. These specialized belts play a crucial role in the processes of creating paper, pulp, non-wovens, and a myriad of other industrial applications.
Albany Engineered Composites
In addition to its machine clothing segment, Albany International has a thriving division focused on engineered composites. This segment is dedicated to the design and manufacturing of components involving advanced materials. These components are engineered to meet the rigorous demands of aerospace applications, serving both commercial and military aviation sectors.
Global Operations and Workforce
Headquartered in Rochester, New Hampshire, Albany International operates an extensive network comprising 30 facilities across 13 different countries. This vast global footprint enables the company to employ an impressive workforce of approximately 5,600 dedicated employees worldwide. Such scale reflects the company’s commitment to innovation and excellence in manufacturing.
Performance on the NYSE
Albany International Corp. is publicly traded on the New York Stock Exchange under the symbol NYSE: AIN. This status not only enhances its visibility but also holds the company to higher standards of accountability and transparency in the eyes of public investors.
Frequently Asked Questions
What is the date of Albany International's earnings release?
Albany International Corp. is set to release its fourth-quarter earnings on a Wednesday after market closure.
Where can I access the live webcast for the earnings discussion?
The live webcast can be accessed through the Albany International Investor Relations website on the day of the earnings release.
Will the earnings call be available for replay?
Yes, an archive of the webcast will be available for replay on the company’s website following the live event.
What are the main business segments of Albany International?
Albany International operates primarily in two segments: Machine Clothing and Albany Engineered Composites.
How many employees does Albany International have?
The company employs approximately 5,600 people globally across its various facilities.
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