ROCHESTER, N.H.–(BUSINESS WIRE)–Albany International Corp. (NYSE:AIN) reported that Q3 2016 net income
attributable to the Company was $13.1 million, compared to $9.7 million
in Q3 2015.
Q3 2016 income before income taxes was $20.9 million, including
restructuring charges of $0.3 million and gains of $0.2 million from
foreign currency revaluation. Q3 2016 income before income taxes also
includes $0.4 million of costs related to the integration of the
acquired business. Q3 2015 income before income taxes was $21.9 million,
including restructuring charges of $3.7 million and gains of $1.0
million from foreign currency revaluation.
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