Msa Safety Stock Price, News & Analysis

MSA Safety Incorporated (NYSE: MSA), a leader in safety products, will participate in a conference call hosted by Baird on March 30, 2022, at 4:00 p.m. ET. Kenneth Krause, CFO, will represent the company during this non-deal roadshow. The event will be available for live streaming on their investor relations website, with a replay accessible afterward. MSA generated $1.4 billion in revenue in 2021 and employs approximately 4,800 people worldwide, focusing on protecting workers across various industries including oil, gas, and construction.

MSA Safety, a leader in safety solutions, announced a donation exceeding $400,000 in safety equipment to Ukrainian firefighters in collaboration with FIRE AID. The donation includes essential items like self-contained breathing apparatus, helmets, and protective apparel, aimed at supporting emergency workers facing challenges in Ukraine. Bob Leenen, President for MSA International, highlighted the company's commitment to ensuring safety globally. MSA has a robust history of providing safety products, generating $1.4 billion in revenue in 2021, and employs approximately 4,800 people worldwide.

MSA Safety, a leader in safety solutions, announces CEO Nish Vartanian has been appointed to the Board of Directors of the Pittsburgh Branch of the Federal Reserve Bank of Cleveland. His term runs until December 2024, and he will provide insights on local business conditions and industry trends. Vartanian has over 35 years of experience with MSA and has led the company since 2018, helping it expand its footprint in North America. MSA reported revenues of $1.4 billion in 2021 and employs around 5,200 people worldwide.

MSA Safety reported record revenues of $410 million for Q4 2021, a 6% increase year-over-year. However, the company faced a GAAP operating loss of $89 million, significantly down from an operating income of $22 million in Q4 2020. Adjusted operating income improved to $80 million, or 19.5% of sales. The annual revenue reached $1.4 billion, with an annual GAAP earnings drop from $3.15 to $0.54 per diluted share. The operating cash flow stood at $199 million, and the company dealt with a pre-tax charge of $185 million related to product liability reserves.

MSA Safety announced a conference call to discuss its fourth quarter earnings on February 18, 2022, at 8:30 a.m. ET. The call will be hosted by CEO Nish Vartanian and CFO Kenneth Krause, offering insights into financial results following a press release scheduled for February 17, 2022. MSA, headquartered in Cranberry Township, PA, is a leader in safety products, reporting $1.35 billion in revenues for 2020. Stakeholders can access the live call and replay through MSA's website.

MSA Safety Inc. (NYSE: MSA) announced a transition of 64 support positions from Berlin, Germany, to its European Shared Services Center in Warsaw, Poland. The company aims to enhance operational efficiency while maintaining a strong presence in Germany focused on research, product development, and advanced safety technologies. CEO Bob Leenen emphasized the importance of Germany as a growth market and the strategic benefits of the relocation. MSA anticipates consolidating approximately 250 positions across its European Shared Services Center to streamline operations and provide localized customer support.

MSA Safety, a leader in safety solutions, is showcasing its integrated gas detection technology with MSA Bacharach at the AHR Expo in Las Vegas from January 31 to February 2, 2022. This collaboration aims to pioneer new IoT-based solutions for the HVAC-R industry, enhancing remote connectivity and efficiency in refrigerant monitoring. Key products include the Chillgard 5000 Monitor and Parasense Connected Solutions. This strategic integration follows MSA's acquisition of Bacharach in July 2021, aimed at expanding its market reach and capabilities in refrigerant detection technologies.

The Board of Directors of MSA Safety declared a first quarter dividend of 44 cents per share on common stock, set for payment on March 10, 2022. Shareholders on record as of February 14, 2022 will receive this dividend. Additionally, a dividend of 56-1/4 cents per share on preferred stock will be paid on March 1, 2022, also to shareholders of record on February 14, 2022. This highlights MSA's ongoing commitment to returning value to shareholders while maintaining its leadership in safety solutions.

MSA Safety (NYSE: MSA), a leader in safety products, announced that its Chairman and CEO, Nish Vartanian, along with CFO Kenneth Krause, will present at the CJS 22nd Annual New Ideas for the New Year Conference on January 12, 2022, from 8:45 a.m. to 9:20 a.m. E.T. The presentation will be available via live webcast at investors.msasafety.com. A replay will be accessible for 90 days following the event. MSA, established in 1914, recorded $1.35 billion in revenue for 2020 and employs approximately 5,200 people worldwide.