Albany International Corporation · NYSE:AIN

Albany International — Q3 2015 Earnings Presentation

7 slides from Albany International's earnings presentation, Oct 27, 2015

  1. Slide 1: Albany International Corp. Q3 Financial Performance

    Albany International Corp. Q3 Financial Performance October 27, 2015 ©Albany International Corp. All right reserved.

  2. Slide 2: Non-GAAP Items and Forward-Looking Statements

    ‘Non‐GAAP’ Items and Forward‐Looking Statements This presentation contains certain items, such as net income attributable to the Company, excluding adjustments (absolute as well as per‐share), earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted EBITDA and net debt, that

  3. Slide 3: Net Sales by Segment

    Net Sales by Segment (in thousands) Net Sales Three Months ended September 30, 2015 2014 Percent Change Impact of Changes in Currency Translation Rates Percent Change excluding Currency Rate Effect Machine Clothing (MC) $154,522 $157,891 -2.1% ($9,364) 3.8% Albany Engineered Composites (AEC) 24,267

  4. Slide 4: Net Sales and Gross Profit Margin by Quarter

    Net Sales Nine Months ended September 30, 2015 2014 Percent Change Impact of Changes in Currency Translation Rates Percent Change excluding Currency Rate Effect Machine Clothing (MC) $463,577 $494,788 -6.3% ($30,651) -0.1% Albany Engineered Composites (AEC) 68,825 58,898 16.9% (906) 18.4% Total $532

  5. Slide 5: Earnings Per Share

    Earnings Per Share 5 Per share amounts (Basic) Three Months ended September 30, 2015 2014 Nine Months ended September 30, 2015 2014 Net income/(loss) attributable to the Company, as reported $0.30 $0.37 $0.62* $1.06 Adjustments: Restructuring charges, net 0.07 0.02 0.27 0.08 Income tax adjustments 0

  6. Slide 6: Adjusted EBITDA

    Adjusted EBITDA 6 Three Months ended September 30, 2015 (in thousands) Machine Clothing Albany Engineered Composites Corporate expenses and other Total Company Net income $41,956 ($4,191) ($28,085) $9,680 Interest expense, net - - 2,671 2,671 Income tax expense - - 12,243 12,243 Depreciation and amo

  7. Slide 7: Debt

    Debt $ thousands $94,040 $78,225 $88,205 $92,970 $111,765 $120,172 $98,710 $302,419 $285,061 $283,666 $272,772 $282,603 $302,646 $270,490 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 March 31, 2014 June 30, 2014 September 30, 2014 December 31, 2014 March 31, 2015 June 30, 2015 Se

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