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Albany International reports Q2 adjusted EPS 89c, consensus 91c

Albany International reports Q2 adjusted EPS 89c, consensus 91c

Reports Q2 revenue $332M, consensus $318.14M. “Overall, we had another good quarter as our businesses delivered strong results and are responding well to their industry challenges,” said President and CEO, Gunnar Kleveland. “Revenue of $332 million was up $58 million or 21.1% over prior year due to the inclusion of Heimbach and sales growth in Engineered Composites.”

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