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EX-99.1 - NEWS RELEASE - ALBANY INTERNATIONAL CORP /DE/e74867ex99-1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):      July 13, 2017

 

ALBANY INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)

 

 

Delaware 1-10026 14-0462060

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S Employer

Identification No.)

 

216 Airport Drive Rochester, New Hampshire 03867
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code       603-330-5850

 

None
(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).

Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the exchange act
   
   

 

Item 2.02. Results of Operations and Financial Condition.

On July 13, 2017, Albany International Corp. (the "Company") issued a press release announcing an anticipated second-quarter pre-tax charge of approximately $16 million associated with revisions in the estimated profitability of two contracts in the Albany Engineered Composites segment (AEC).

 

Item 7.01 Regulation FD Disclosure

 

A copy of the press release is attached as Exhibit 99.1.

 

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are being furnished herewith:

99.1       News release dated July 13, 2017.

   
   

 

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ALBANY INTERNATIONAL CORP.

   
  By: /s/ John B. Cozzolino
     
  Name:   John B. Cozzolino
  Title:

Chief Financial Officer and Treasurer

(Principal Financial Officer)

     

 

Date: July 13, 2017

 

 

 

 

   
   

Index to Exhibits

 

 

Exhibit No. Description
99.1 News release dated July 13, 2017