Albany International Corporation has reported its financial results for the second quarter of 2025. The company recorded net revenues of $311.4 million, a decrease from $332.0 million in the same quarter of the previous year. This decline represents a 7.4% reduction in sales, excluding the effects of currency translation rates. The Machine Clothing segment reported revenues of $180.9 million, down 8.1% from $193.6 million in the second quarter of 2024. Meanwhile, the Albany Engineered Composites segment generated revenues of $130.5 million, which reflects a 6.4% decline from $138.4 million in the previous year. Net income attributable to the company for the second quarter of 2025 was $9.2 million, compared to $24.6 million in the same period last year. Earnings per share for the quarter stood at $0.31, down from $0.79 in the second quarter of 2024. Looking ahead, Albany International Corporation has reaffirmed its guidance for the full year of 2025. The company anticipates total revenue to be in the range of $1.165 billion to $1.265 billion. The effective income tax rate is expected to be approximately 31%, with capital expenditures projected between $85 million and $95 million. Adjusted diluted earnings per share are forecasted between $3.00 and $3.40. The company also expects its total adjusted EBITDA to fall between $240 million to $260 million. Specifically, Machine Clothing revenue is projected between $705 million to $755 million, while Albany Engineered Composites revenue is anticipated to be in the range of $460 million to $510 million.