Welcome to our dedicated page for Msa Safety news (Ticker: MSA), a resource for investors and traders seeking the latest updates and insights on Msa Safety stock.
MSA Safety Incorporated (NYSE: MSA) generates a steady flow of news as a global developer of advanced safety products, technologies and solutions. Company announcements frequently highlight new product certifications and launches, financial results, capital allocation decisions and leadership changes, providing insight into how MSA Safety executes on its mission of protecting workers and facility infrastructure across diverse end markets.
Product-focused news often covers developments in respiratory protection, head protection and gas detection. Examples include updates on the MSA G1 XR 2025 Edition self-contained breathing apparatus (SCBA), which has been certified as compliant with the 2025 NFPA 1970 performance standard, the introduction of the V-Gard H2 Full Brim Safety Helmet, and the debut of the ALTAIR io 6 Multigas Detector that connects to the MSA Connected Work Platform and uses MSA Grid software. Subsidiary Globe Manufacturing Company also features in news releases with firefighter turnout gear such as the Globe G-XTREME PRO Jacket.
Investors following MSA Safety can expect regular press releases on quarterly financial results, including net sales, operating income, segment performance and product group sales for Detection, Fire Service and Industrial PPE and Other. The company also issues notices about earnings conference calls, investor conference participation and capital allocation actions such as dividends and share repurchases.
Governance and leadership updates appear in MSA Safety’s news flow as well, including announcements of executive appointments and related SEC filings. For readers tracking MSA (MSA) news, this page aggregates these updates so they can review product milestones, financial disclosures and corporate developments in one place. Bookmark this feed to monitor how MSA Safety’s safety equipment portfolio, geographic segments and strategic priorities evolve over time.
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MSA Safety Incorporated (NYSE: MSA) reported a 9% increase in revenue for Q2 2021, totaling $341 million. However, GAAP operating income dropped to $35 million, representing 10.3% of sales, compared to 15.4% a year prior. Net income decreased 30% to $25 million or $0.64 per diluted share. The company acquired Bacharach, Inc. for $337 million in July 2021, aiming to enhance its gas detection capabilities. Despite supply chain challenges, order activity surpassed 2020 and 2019 levels, strengthening the backlog.
MSA Safety Incorporated (NYSE: MSA) announced its second quarter earnings conference call, scheduled for July 29, 2021, at 8:30 a.m. ET, hosted by Chairman and CEO Nish Vartanian and CFO Kenneth Krause. The call will be accessible live on MSA's website, with a replay available for 90 days. Financial results will be released on July 28, 2021, after market close. MSA, established in 1914, is a leader in safety products, generating $1.35 billion in revenue in 2020 and employing about 5,000 people globally. The company operates in various markets, including oil, gas, construction, and military.
On July 20, 2021, MSA Safety announced a Joint Development Agreement with Perspective Robotics AG to enhance fire scene situational awareness. This collaboration aims to leverage Fotokite's tethered drone technology along with MSA's extensive experience in safety products. The partnership is expected to improve firefighter safety and accountability through innovative solutions. MSA Safety, a leader in safety products with 2020 revenues of $1.35 billion, continues to expand its portfolio to advance worker safety by integrating new technologies.
MSA Safety completed the acquisition of Bacharach for $337 million, enhancing its position in the gas detection market. Bacharach, with annual revenues of $70 million, specializes in HVAC-R leak detection technologies. The integration is spearheaded by Aaron Tufts, while Ken Krause oversees the acquisition process. Financing included $200 million in senior notes at 2.69% and additional credit lines. MSA anticipates an impact of $4 million in stock compensation expenses in Q2 2021 due to the acquisition.
MSA Safety, the global leader in safety products, has appointed Luca Savi, CEO of ITT, to its Board of Directors. This decision was announced on June 29, 2021, by MSA’s President, Nish Vartanian. Savi brings extensive international experience and leadership from his roles in Europe, China, and the U.S., which MSA believes will bolster its strategic growth efforts, especially in international markets. Savi’s background includes key positions at ITT and Comau, as well as industry experience with Shell and Honeywell. MSA reported 2020 revenues of $1.35 billion.
MSA Safety (NYSE: MSA) has partnered with the UK-based non-profit FIRE AID to enhance firefighter safety in developing countries. This three-year initiative will repurpose Self-Contained Breathing Apparatus (SCBA) and donate new firefighting equipment from the UK Fire and Rescue Services to communities in need. MSA will also facilitate training and logistical support for firefighters. This collaboration aligns with MSA's commitment to corporate social responsibility. In 2020, MSA reported revenues of $1.35 billion, underscoring its leading role in safety solutions.
MSA Safety (NYSE: MSA) announced that its leadership will present at two upcoming virtual investor conferences. Nish Vartanian, CEO, and Kenneth Krause, CFO, will speak at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, followed by the Stifel Cross Sector Insight Conference on June 8, 2021. Both presentations will be available via live webcast and can be rewatched for 90 days post-event at investors.MSASafety.com. MSA is a leader in safety products, with 2020 revenues of $1.35 billion.
The Board of Directors of MSA Safety declared a second quarter dividend of 44 cents per share, an increase of 2% from the previous 43 cents. This dividend is payable on June 10, 2021 to shareholders of record on May 17, 2021. MSA has consistently raised its dividend for over 50 years. Additionally, a dividend of 56-1/4 cents per share on preferred stock was announced, payable on June 1, 2021. Over the past year, MSA funded $67 million in dividends while investing in acquisitions and capital expenditures.
MSA Safety Incorporated (NYSE: MSA) announced that Kenneth Krause, Senior Vice President and CFO, will present at the 2021 Virtual Wells Fargo Industrials Conference on May 5, 2021, from 8:40 a.m. to 9:10 a.m. E.T. The event will be webcast live and can be accessed at investors.msasafety.com. A replay will be available for 30 days post-event.
Founded in 1914, MSA is the global leader in safety products, with 2020 revenues of $1.35 billion and approximately 5,000 employees worldwide.