Albany International Reports $1.33B in 2024 Sales
Ticker: AIN · Form: 10-K · Filed: Feb 26, 2025 · CIK: 819793
| Field | Detail |
|---|---|
| Company | Albany International Corp /De/ (AIN) |
| Form Type | 10-K |
| Filed Date | Feb 26, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, manufacturing
Related Tickers: AIN
TL;DR
Albany Intl (AIN) 2024 sales hit $1.33B, net income $103.8M. Full year report out.
AI Summary
Albany International Corp. reported its 2024 fiscal year results, with total net sales of $1.33 billion. The company's net income attributable to Albany International Corp. was $103.8 million. Key segments include the company's U.S. operations and its joint venture, Albany Safran Composites LLC.
Why It Matters
This 10-K filing provides a comprehensive overview of Albany International Corp.'s financial performance and operational details for the fiscal year ending December 31, 2024, crucial for investors and stakeholders assessing the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.
Key Numbers
- $1.33B — Total Net Sales (For the fiscal year ended December 31, 2024)
- $103.8M — Net Income (Attributable to Albany International Corp. for the fiscal year ended December 31, 2024)
- 2024 — Fiscal Year End (Reporting period for the 10-K)
Key Players & Entities
- Albany International Corp. (company) — Filer of the 10-K
- 2024 (date) — Fiscal year end
- $1.33 billion (dollar_amount) — Total net sales for fiscal year 2024
- $103.8 million (dollar_amount) — Net income attributable to Albany International Corp. for fiscal year 2024
- Albany Safran Composites LLC (company) — Significant joint venture mentioned
- 216 AIRPORT DRIVE, ROCHESTER, NH 03867 (address) — Company's business and mailing address
FAQ
What were Albany International Corp.'s total net sales for the fiscal year ended December 31, 2024?
Total net sales for the fiscal year ended December 31, 2024, were $1.33 billion.
What was the net income attributable to Albany International Corp. for the fiscal year 2024?
The net income attributable to Albany International Corp. for the fiscal year 2024 was $103.8 million.
What is the company's primary business address?
The company's business address is 216 AIRPORT DRIVE, ROCHESTER, NH 03867.
What is the SEC file number for this 10-K filing?
The SEC file number for this 10-K filing is 001-10026.
What is a significant joint venture mentioned in the filing?
Albany Safran Composites LLC is mentioned as a significant joint venture.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 26, 2025 regarding ALBANY INTERNATIONAL CORP /DE/ (AIN).