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 reports developments for a global safety equipment and technology business serving fire service, industrial, mining, oil and gas, utilities, contractor and critical-infrastructure markets. News commonly covers operating results across the Americas and International segments, demand for respiratory protection, fall protection, head protection, gas and flame detection systems, and fire and rescue equipment.
Company updates also include capital allocation actions such as dividends and share repurchases, product activity around firefighter protection and the G1 breathing apparatus platform, and material agreements tied to strategic M&A. Recurring disclosures frame MSA’s business around protecting workers and facility infrastructure through safety products, technologies and solutions.
MSA Safety Incorporated (NYSE: MSA) announced that Kenneth Krause, Senior Vice President and CFO, will present at the CJS 21st Annual New Ideas for the New Year Virtual Conference on January 13, 2021, from 3:45 p.m. to 4:15 p.m. E.T. The event will be webcast live, accessible through MSA's investor website, with a replay available for 90 days post-event. MSA, established in 1914, leads in safety products for various sectors, including oil, gas, construction, and military, generating $1.4 billion in 2019 revenues.
MSA Safety announced a donation of 300 elastomeric half-mask respirators and 600 P-100 filter cartridges to COVID Courage, a NYC-based non-profit. This initiative aims to support healthcare providers amidst the ongoing COVID-19 pandemic. The respirators are reusable, offering significant advantages in terms of sustainability and cost-effectiveness. MSA's President highlighted the critical role of these devices in protecting frontline workers. The collaboration, facilitated by SecondMuse, enables further distribution of PPE to hospitals, enhancing their readiness for current and future health crises.
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.
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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.