Albany Reports Q1 2026 Earnings Results
Albany reported Q1 2026 earnings with consolidated revenue of $311.3 million, a 7.8% year-over-year increase, driven by growth in the Engineered Composites segment. Adjusted EBIT declined to $48.2 million with a margin of 15.5%, down from $55.7 million and 18.1% margin due to lower Machine Clothing volumes and higher Engineered Composites mix.
Tickers: $ALB
Topics: Earnings EBIT Engineered Composites Free Cash Flow Machine Clothing Revenue Growth