Msa Safety Stock Price, News & Analysis

MSA Safety has announced that its Advantage 290 LS Air-Purifying Respirator, the first elastomeric half-mask respirator without an exhalation valve, has received NIOSH approval. Designed for healthcare, it enhances safety against SARS-CoV-2 by providing personal protection and source control. The respirator aids in maintaining sterile environments and offers flexibility for respiratory protection programs. Preorders will begin in December 2020, with production based in Jacksonville, N.C.. The respirator is compatible with P95 or P100 filters.

MSA Safety Incorporated (NYSE: MSA) announced that its Chairman, President, and CEO, Nish Vartanian, along with CFO Kenneth Krause, will present at Baird's 2020 Global Industrial Conference on November 11, 2020, from 9:05 a.m. to 9:35 a.m. E.T. The presentation will be webcast live at investors.msasafety.com and available for replay for 90 days post-event. MSA, a leader in safety product development, reported $1.4 billion in revenue in 2019 and employs around 5,000 people worldwide.

On October 30, 2020, MSA Safety Incorporated (NYSE: MSA) announced a fourth quarter dividend of 43 cents per share, set for payment on December 10, 2020, to shareholders registered by November 12, 2020. Additionally, a dividend of 56-1/4 cents per share on preferred stock will be distributed on December 1, 2020, also to shareholders on record by November 12, 2020. MSA Safety, a leader in safety products, reported $1.4 billion in revenues for 2019 and has a global workforce of approximately 5,000 employees.

MSA Safety reported third-quarter 2020 results with revenue of $304 million, down 13% year-over-year. GAAP operating income stood at $41 million, or 13.5% of sales, down from $60 million a year ago. Adjusted earnings were $37 million or $0.94 per share, reflecting a 18% decrease. Despite a challenging July and August, September saw improved order and revenue growth. MSA plans a global restructuring to save $10-15 million in 2021 while continuing investment in new product development. Debt levels were manageable with a 1.2x debt to adjusted EBITDA ratio.

MSA Safety Incorporated (NYSE: MSA) has scheduled its third quarter earnings conference call for October 29, 2020, at 8:30 a.m. Eastern Time. The call will feature Chairman and CEO Nish Vartanian and CFO Kenneth Krause. Investors can access the call live on the company's website, with a replay available for 90 days afterwards. A press release detailing MSA's third quarter financial results will be issued on October 28, 2020, after the market close. MSA generated revenues of $1.4 billion in 2019 and employs approximately 5,000 people worldwide.

MSA Safety Incorporated (NYSE: MSA) has been awarded the 2020 Best Investor Relations (IR) Website by IR Magazine for its innovative digital engagement with investors. The award highlights MSA's commitment to exceptional customer experiences and an interactive IR platform. The website features a mobile-responsive design, quick-link resources, multimedia content, and ESG reports. Ken Krause, MSA's CFO, emphasized the importance of the digital strategy in connecting with stakeholders as MSA transitions to a mid-cap stock, with growing website visits noted in 2020.

MSA Safety Incorporated (NYSE: MSA) announced that Kenneth Krause, CFO, will present at William Blair's 'What's Next for Industrials?' Virtual Conference on September 24, 2020, at 3:00 p.m. ET. Investors interested in real-time access should contact their William Blair representative. Following the presentation, a replay will be available for 30 days at investors.MSASafety.com under the 'News and Events' section. Established in 1914, MSA is a global leader in safety products, reporting revenues of $1.4 billion in 2019.

MSA Safety Incorporated (NYSE: MSA) announced it will host free online safety seminars from September 14-18, 2020, supporting the National Safety Stand-Down week organized by OSHA. The virtual sessions aim to equip construction workers with safety training, focusing on fall prevention. Eleni Lucido, VP and GM at MSA, emphasized the importance of safety training. MSA has previously trained over 40,000 workers in fall protection techniques. The initiative aligns with MSA's commitment to workplace safety and innovation in safety products.