Albany International (AIN) CEO, Bill Higgins on Q1 2022 Results - Earnings Call Transcript

Albany International Corporation (NYSE:AIN) Q1 2022 Earnings Conference Call April 26, 2022 9:00 AM ET

Company Participants

Bill Higgins - President, Chief Executive Officer
Stephen Nolan - Chief Financial Officer, Treasurer
John Hobbs - Director, Investor Relations

Conference Call Participants

Pete Skibitski - Alembic Global
Peter Arment - Baird
John Franzreb - Sidoti & Company
Gautam Khanna - Cowen
Michael Ciarmoli - Truist Securities

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Albany International first quarter earnings call.

At this time, your telephone lines are in a listen-only mode. Later, there will be an opportunity for questions and answers, with instructions given at that time. If you should require assistance during your call, please press star then zero and an AT&T specialist will assist you offline. As a reminder, your conference call today is being recorded.

I will now turn the conference call over to your host, Director of Investor Relations, John Hobbs. Go ahead, please.

John Hobbs

Thank you Alan, and good morning everyone. Welcome to Albany International’s first quarter 2022 conference call.

As a reminder for those listening on the call, please refer to our press release issued last night detailing our quarterly financial results. Contained in the text of the release is a notice regarding our forward-looking statements and the use of certain non-GAAP financial measures and their associated reconciliation to GAAP. For the purposes of this conference call, those same statements apply to our verbal remarks this morning. Today we will make statements that are forward-looking that contain a number of risks and uncertainties, among which are the potential effects of the COVID-19 pandemic and the potential effects of the Russian invasion of Ukraine on our operations, the markets we serve and our financial results. For a full discussion, including a reconciliation of non-GAAP measures we may use on the call