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Albany International reports Q2 adjusted EPS 57c, consensus 73c

Reports Q2 revenue $311M, consensus $305.1M. “Overall, I am encouraged with our progress this year. Our business segment leaders are performing well as they restructure, invest and strengthen their operations. Our second quarter financial results lagged our expectations, but the performance was largely impacted by certain timing and operational issues and we are confident in our recovery,” said President and CEO, Gunnar Kleveland.

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