Detail akcie Albany Intl online

Business Summary: Albany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company's Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The Machine Clothing segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. Its Albany Engineered Composites segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered composite structures based on its technology to customers in the aerospace and defense industries.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2019, Albany International Corp. revenues increased 7% to $1.05B. Net income before extraordinary items increased 59% to $132.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Technical and research expenses decrease of 7% to $37.6M (expense). Dividend per share increased from $0.68 to $0.72.