Albany International Corp.'s (AIN) CEO Olivier Jarrault on Q3 2019 Results - Earnings Call Transcript

Albany International Corp. (NYSE:AIN) Q3 2019 Results Earnings Conference Call October 30, 2019 9:00 AM ET

Company Participants

John Hobbs - Investor Relations
Olivier Jarrault - Chief Executive Officer
Stephen Nolan - Chief Financial Officer

Conference Call Participants

Pete Skibitski - Alembic Global Advisors
Kristine Liwag - Bank of America Merrill Lynch
Asher Carey - Robert W. Baird & Co.
Jeff Molinari - Cowen

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Albany International Third-Quarter 2019 Earnings Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session; instructions will be given at that time. [Operator instructions]

I would now like to turn the conference over to our host, Mr. John Hobbs, Investor Relations. Please go ahead.

John Hobbs

Thank you, Talicia, 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 apply to our verbal remarks this morning. For a full discussion, including a reconciliation of non-GAAP measures we may use on this call to their 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, John, and good morning. Welcome, everyone, and thank you for joining our third-quarter earnings call. Albany International delivered another very good quarter in Q3 2019, outpacing our expectations. I want to congratulate all of Albany's employees for contributing