Latest news with #Bell525
Yahoo
26-06-2025
- Business
- Yahoo
5 Must-Read Analyst Questions From Albany's Q1 Earnings Call
Albany's first quarter results were met with a negative market reaction, as the company's sales declined amid ongoing operational shifts. Management attributed the revenue shortfall to reduced volumes in its Engineered Composites segment and lower sales within Machine Clothing, driven by targeted divestitures and customer-specific softness. CEO Gunnar Kleveland noted, 'Machine Clothing continues to deliver consistent strong results and the integration of Heimbach is proceeding to plan,' but cautioned that certain program-specific adjustments and restructuring actions weighed on performance. Is now the time to buy AIN? Find out in our full research report (it's free). Revenue: $288.8 million vs analyst estimates of $294.1 million (7.8% year-on-year decline, 1.8% miss) Adjusted EPS: $0.73 vs analyst estimates of $0.62 (17.4% beat) Adjusted EBITDA: $55.72 million vs analyst estimates of $54.09 million (19.3% margin, 3% beat) The company reconfirmed its revenue guidance for the full year of $1.22 billion at the midpoint Adjusted EPS guidance for the full year is $3.20 at the midpoint, roughly in line with what analysts were expecting EBITDA guidance for the full year is $250 million at the midpoint, below analyst estimates of $252.4 million Operating Margin: 9.8%, down from 12.4% in the same quarter last year Market Capitalization: $2.07 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Peter Arment (Baird) asked about Albany's readiness to meet higher production rates for LEAP engines. CEO Gunnar Kleveland explained that while inventory is being utilized in the first half, capacity is in place to respond to demand increases later in the year. Peter Arment (Baird) inquired about new business opportunities in the aerospace backlog, including classified programs. Kleveland highlighted growth potential in space, missile programs, and both Boeing and Airbus engine platforms, stating that technology differentiation guides the company's pursuit of new contracts. Michael Ciarmoli (Truist Securities) pressed for details on the risk profile and margin expectations for the Bell 525 contract. Kleveland emphasized selective program participation and projected high-teen margins for the Engineered Composites segment. Michael Ciarmoli (Truist Securities) queried about the outlook for LEAP revenues and potential upside. Management maintained a cautious stance but acknowledged the possibility for incremental growth if aircraft production ramps up during the year. Chigusa Katoku (JPMorgan) questioned the organic growth outlook for Machine Clothing amid macro uncertainty. Kleveland clarified that divestitures and discontinued product lines contributed to short-term weakness, but order backlog and current trends support a stronger second and third quarter. In the coming quarters, the StockStory team will be watching (1) the pace and scale of cost synergies realized from the Heimbach integration, (2) evidence of improving sales volumes and operational leverage in the Engineered Composites segment as aerospace markets recover, and (3) the company's ability to manage input cost pressures and potential tariff or supply chain disruptions. Sustained backlog strength and successful execution of new program wins will also be key indicators of future performance. Albany currently trades at $68.43, up from $65.61 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
29-04-2025
- Business
- Business Wire
Albany Engineered Composites Awarded Seven-Year Contract from Bell Textron, Inc. for 525 Composite Components
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites, Inc. (AEC) has been awarded a seven-year contract from Bell Textron, Inc. (Bell) to produce composite structures components for the Bell 525 helicopter. This award establishes a new partnership with Bell, a key customer in AEC's growing rotorcraft business. 'We are very excited to solidify our long-term support of the 525 for Bell with this contract award,' said Chris Stone, AEC President. 'This agreement is representative of our new, yet strategic, collaboration with Bell, and we look forward to exploring additional opportunities to provide Bell with mission-critical composite components for its suite of aircraft.' About Albany Engineered Composites, Inc. Albany Engineered Composites (AEC) designs and manufactures advanced engineered composite components for engine and airframe applications for commercial and military aircraft, missiles and unmanned vehicles. AEC's specialty composite solutions enable current and next-generation aircraft to perform better while being more fuel-efficient, cost‑effective, and environmentally-friendly. About Albany International Corp. Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world's leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens and a variety of other industrial applications. Albany Engineered Composites is a growing designer and manufacturer of advanced materials‑based engineered components for demanding aerospace applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 30 facilities in 13 countries, employs approximately 5,400 people worldwide, and is listed on the New York Stock Exchange (Symbol: AIN). Additional information about the Company and its products and services can be found at
