Engineered Composites net revenues increased 14.2% year over year, while Machine Clothing declined 2.4% on equipment-failure downtime and end-market softness.
Third-quarter outlook
Albany forecast Q3 net revenue of USD 320 million-USD 330 million, adjusted EPS of USD 0.60-USD 0.70, with a 31.5% effective tax rate.
Second-quarter results
Albany International posted Q2 2026 net revenues of USD 329.5 million, up 5.8% year over year, while operating income climbed 44.3% to USD 32.1 million.
Net income attributable to the Company rose to USD 17.4 million, or USD 0.61 per diluted share, from USD 9.2 million, or USD 0.31.
Adjusted EBITDA increased 11.5% to USD 57.8 million, lifting adjusted EBITDA margin to 17.6% from 16.7%.
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