Albany International Corp. (AIN) CEO Olivier Jarrault on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-04-30 Earnings Summary

EPS of $0.87 beats by $0.13
 | Revenue of $251.37M (9.30% Y/Y) misses by $1.46M

Albany International Corp. (NYSE:AIN) Q1 2019 Earnings Conference Call May 1, 2019 9:00 AM ET

Company Participants

Stephen Nolan - CFO and Treasurer
Olivier Jarrault - CEO

Conference Call Participants

Peter Arment - Baird
John Franzreb - Sidoti & Company
Christian Herbosa - NOBLE Capital Markets
John Franzreb - Sidoti & Company
Christopher Hillary - Roubaix Capital

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the First Quarter Earnings Call of Albany International. [Operator Instructions] At the request of Albany International, this conference call, on Wednesday, May 1, 2019, will be webcast and recorded.

I would now like to turn the conference call over to Chief Financial Officer and Treasurer, Stephen Nolan, for introductory comments. Please go ahead.

Stephen Nolan

Thank you, Alan, and good morning, everyone. As a reminder, for those listening on the call, please refer to our detailed press release issued last night regarding our quarterly financial results with particular reference to the notice contained in the text of the release about our forward-looking statements and the use of certain non-GAAP financial measures and associated reconciliation to GAAP. For the purposes of this conference call, those same statements also apply to our verbal remarks this morning. For full discussion, including a reconciliation of non-GAAP measures we may use on this call to our most comparable GAAP measures, please refer to both that earnings release as well as our SEC filings including our 10-K. Now I will turn the call over to Olivier Jarrault, our Chief Executive Officer, who'll provide some opening remarks. Olivier?

Olivier Jarrault

Thank you, Stephen. Good morning. Welcome, everyone, and thank you for joining our first quarter earnings call. I like first to welcome, Stephen, to the Company and to his first earnings call results. Stephen has more than 16 years of experience in operational and strategic finance. Most recently, serving as

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