Exhibit 99.2

Q4 Financial Performance

February 8, 2017

Non-GAAP’ Items and Forward-Looking Statements This presentation contains the following non-GAAP measures: Percentage changes in net sales, excluding currency rate effects (for each segment, and the Company as a whole); Adjusted EBITDA (for each segment, and the Company as a whole); Net debt; and Net income per share attributable to the Company, excluding adjustments. We think such items provide useful information to investors regarding the Company’s core operational performance. See the Company’s earnings release (which accompanies this presentation) for additional information including reconciliations to GAAP measures. This presentation also may contain statements, estimates, or projections that constitute “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Company’s historical experience and our present expectations or projections. We disclaim any obligation to update any information in this presentation to reflect any changes or developments after the date on the cover page. Certain additional disclosures regarding our use of these ‘non-GAAP’ items and forward-looking statements are set forth in our fourth-quarter earnings press release dated February 8, 2017, and in our SEC filings, including our most recent quarterly reports and our annual reports for the years ended December 31, 2013, 2014, and 2015.Our use of such items in this presentation is subject to those additional disclosures, which we urge you to read. 2

et Net Sales by Segment (in thousands, except percentages) Net Sales Three Months ended December 31, 2016 2015 Percent Change Impact of Changes in Currency Translation Rates Percent Change excluding Currency Rate Effect Machine Clothing (MC) $144,744 $145,004 -0.2% ($968) 0.5% Albany Engineered Composites (AEC) 68,302 32,462 110.4%  (201) 111.0% Total $213,046 $177,466 20.0% ($1,169) 20.7% (in thousands)  Net Sales Years ended December 31, 2016 2015 Percent Change Impact of Changes  in Currency Translation Rates Percent Change excluding Currency Rate Effect Machine Clothing (MC) $582,190 $608,581 -4.3% ($2,840) -3.9% Albany Engineered Composites (AEC) 197,649 101,287 95.1% (139) 95.3% Total $779,839 $709,868 9.9% ($2,979) 10.3% 3by Segment

Gross Profit Margin by QuarterPercentage of Net Sales 45.0% 42.4% 41.9% 43.0% 47.5% 45.2% 48.4% 47.4% 47.9% 47.6% 47.5% 46.8% 41.5% 38.9% 38.2% 38.0% 42.3% 31.7% 42.4% 40.4% 42.1% 38.5% 37.9% 36.3% 30% 35% 40% 45% 50% 55% Q12014 Q22014 Q32014 Q42014 Q12015 Q22015 Q32015 Q42015 Q12016 Q22016Q32016 Q42016 Machine Clothing Total Company 4

EarningsPer SharePer share amounts (Basic) Three Months ended December 31, 2016 2015 Years Ended December 31, 2016 2015  Netincome attributable to the Company, as reported (GAAP) $0.49 $1.17 $1.64 $1.79*  Adjustments: Restructuring expenses, net 0.01 0.21 0.16 0.48  Discrete tax adjustments and effect of change in income tax rate (0.08) (0.93) (0.07) (0.69) Foreign currency revaluation (gains)/losses (0.06) 0.01 (0.07) (0.07) Acquisition expenses - - 0.11 - Gain on sale of investment - - - (0.02) Net income attributable to the Company, excluding adjustments (non-GAAP) $0.36 $0.46 $1.77 $1.49 * Includes $0.28 charge for BR725

Operating and Net Income (GAAP) and Adjusted EBITDA (non-GAAP) by Segment  6    Three Months ended December 31, 2016         (in thousands)   Machine Clothing    Albany Engineered Composites  Corporate expenses and other   Total Company  Operating income/(loss) (GAAP)   $39,946   $(1,280)   ($11,836)   $26,830  Interest, taxes, other income/expense  -  -   (10,844)   (10,844)  Net income (GAAP)   39,946   (1,280)   (22,680)   15,986  Interest expense, net    -   -   3,854   3,854  Income tax expense/(benefit)   -   -   4,841   4,841  Depreciation and amortization   8,583   6,433   1,221   16,237  EBITDA (non-GAAP)   48,529   5,153   (12,764)   40,918  Restructuring expenses, net   150   526   47   723  Foreign currency revaluation (gains)/losses   (2,050)   11   (1,170)   (3,209)  Pretax (income)/loss attributable to non-controlling interest in ASC   -    (160)   -   (160)  Adjusted EBITDA (non-GAAP)  $46,629    $5,530   ($13,887)  $38,272  Three Months ended December 31, 2015          Machine Clothing    Albany Engineered Composites   Corporate expenses and other    Total Company   $30,342   $(1,843)   ($13,634)   $14,865  -  -   22,601   22,601   30,342   (1,843)   8,967   37,466   -   -   1,935   1,935   -   -   (26,185)   (26,185)   9,425   3,295   2,113   14,833   39,767   1,452   (13,170)   28,049   8,282   -    1,635   9,917   (542)   -   1,092   550   -    135   -   135  $47,507   $1,587  ($10,443)  $38,651

Operating and Net Income (GAAP) and Adjusted EBITDA (non-GAAP) by Segment  7 Year ended December 31, 2016  (in thousands)   Machine Clothing   Albany Engineered Composites  Corporate expenses and other   Total Company  Operating income/(loss) (GAAP)   $152,529   ($15,363)   ($45,390)  $91,776  Interest, taxes, other income/expense   -   -   (38,964)  (38,964)  Net income (GAAP)   152,529   (15,363)   (84,354)   52,812  Interest expense, net    -   -   13,464   13,464  Income tax expense/(benefit)   -   -   25,454   25,454  Depreciation and amortization   36,428   24,211   6,822   67,461  EBITDA (non-GAAP)   188,957   8,848   (38,614)   159,191  Restructuring expenses, net   6,069   2,314   (7)   8,376  Foreign currency revaluation (gains)/losses   (404)   16   (3,525)   (3,913)  Acquisition expenses   -   5,367   -   5,367  Gain from sale of investment   -   -   -   -  Pretax (income)/loss attributable to non-controlling interest in ASC   -    (125)   -   (125)  Adjusted EBITDA (non-GAAP)  $194,622   $16,420  ($42,146)  $168,896  Year ended December 31, 2015          Machine Clothing    Albany Engineered Composites   Corporate expenses and other    Total Company   $141,311   ($28,478)*    ($48,938)  $63,895   -   -   (6,630)   (6,630)   141,311   (28,478)    (55,568)   57,265   -   -   9,984   9,984   -   -   (5,787)   (5,787)   39,503   12,140   8,471   60,114   180,814   (16,338)   (42,900)   121,576   22,211   -   1,635    23,846   (5,075)   (17)   1,498   (3,594)   -   -   -   -   -   -   (872)   (872)   -    20   -   20  $197,950   ($16,335)  ($40,639)  $140,976  * Includes $14 million charge for BR725

Total Debt (GAAP) and Net Debt* (non-GAAP)$ thousands $80,570 $86,067 $310,287 $295,638 $303,154 $265,683 $255,682 $486,312 $491,808 Dec. 31, 2015 March 31, 2016 June 30, 2016Sept. 30, 2016 Dec. 31, 2016 Net Debt Total Debt *Total debt less cash see table 17 for reconciliation of total debt to net debt