Albany International Corp
AIN
ISIN US0123481089 / Valor 904150
Albany International Corp
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About company
Albany International Corp is a global advanced textiles and materials processing company.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (14.08.2024):
Net Income
Albany International Corp reported a net income of $0.64 per share for the second quarter of 2005, a significant improvement compared to a net loss of $0.47 per share for the same period last year. The previous year's net loss included restructuring charges and a tax valuation allowance.
Net Sales
Net sales for Albany International Corp in the second quarter of 2005 were $247.4 million, marking an 8.9 percent increase compared to the same period last year. Excluding the effect of changes in currency translation rates, net sales increased by 5.0 percent.
Operating Income
Albany International Corp's operating income for the second quarter of 2005 was $32.0 million, a substantial turnaround from an operating loss of $9.6 million in the second quarter of 2004. The previous year's operating loss included restructuring charges of $31.1 million.
Gross Profit
Gross profit for Albany International Corp in the second quarter of 2005 was 40.9 percent of net sales, compared to 38.8 percent in the second quarter of 2004. The increase in gross profit percentage is attributed to higher net sales and benefits from completed cost reduction initiatives.
Cash Flow
Net cash provided by operating activities for Albany International Corp during the second quarter of 2005 was $22.4 million, compared to $26.9 million for the same period in 2004. The decrease in cash flow was influenced by increases in inventories and accounts receivable, reflecting a strong order backlog and higher sales.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2631 M
Market cap (USD)
34,519
Daily traded volume (Shares)
80.81 / 80.05
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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