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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 (NYSE: MSA) has been recognized as one of Western Pennsylvania's Top Workplaces by the Pittsburgh Post-Gazette for the eleventh time. The 2024 award also includes a special recognition for 'Values,' highlighting the company's strong employee sentiment towards its mission and values. With around 1,400 employees in the region, MSA Safety is committed to creating a safe and inclusive work environment.
The Top Workplaces program, started in 2010, is based solely on employee feedback and evaluates criteria such as employee engagement, leadership effectiveness, and benefits. MSA Safety's three locations in Western PA include its global headquarters in Cranberry Township and two facilities in Westmoreland County.
MSA Safety, founded in 1914, is a global leader in safety solutions, with 2023 revenues of $1.8 billion and over 5,000 employees worldwide.
MSA Safety (NYSE: MSA) was named one of Western Pennsylvania's Top Workplaces by the Pittsburgh Post-Gazette on Sept. 9, 2024, marking its eleventh time receiving the recognition.
The company also received a special "Values" award reflecting employee sentiment. MSA employs about 1,400 people in western Pennsylvania, operates three regional sites including its Cranberry Township headquarters and research lab, and highlighted its focus on a physically and psychologically safe, inclusive workplace.
MSA reported 2023 revenue of $1.8 billion and noted it is now in its 110th year in business.
MSA Safety (NYSE: MSA) has been honored with the 2024 Outstanding Corporate Innovator (OCI) Award by The Product Development and Management Association (PDMA). This marks the second time MSA has received this prestigious recognition, highlighting its commitment to innovation and customer-centric focus in developing advanced safety technologies.
The company was praised for its transformation from a safety equipment manufacturer to a global leader in safety solutions, particularly for integrating Voice-of-Customer feedback into its innovation strategy. MSA Safety's CEO, Steve Blanco, emphasized the company's 110-year history of innovation and its impact on protecting workers worldwide.
MSA Safety will accept the award at the 2024 PDMA Inspire Innovation Conference in St. Louis on September 16. The OCI Award, established in 1987, has recognized 64 organizations over 37 years, including renowned brands like Apple, BMW, and HP.
MSA Safety Incorporated (NYSE: MSA), a global leader in advanced safety products, has announced its participation in several upcoming investor conferences in September 2024. Key events include:
- Jefferies Industrials Conference on September 4
- Stifel London Industrials Summit on September 5
- Morgan Stanley 12th Annual Laguna Conference on September 11
- D.A. Davidson 23rd Annual Diversified Industrials & Services Conference on September 19
Senior executives, including CFO Lee McChesney and CEO Steve Blanco, will represent MSA Safety at these events. Audio webcasts and replays will be available on MSA's Investor Relations website for 90 days. MSA Safety, headquartered in Cranberry Township, Pennsylvania, reported 2023 revenues of $1.8 billion and employs over 5,000 associates across more than 40 international locations.
MSA Safety Incorporated (NYSE: MSA), a global leader in advanced safety products, has declared its third quarter dividends. Common stock shareholders will receive $0.51 per share, payable on September 10, 2024, to shareholders of record on August 15, 2024. Preferred stock shareholders will receive $0.5625 per share, payable on September 1, 2024, to shareholders of record on August 15, 2024.
MSA Safety, headquartered in Cranberry Township, Pennsylvania, has been at the forefront of safety innovation since 1914. The company reported revenues of $1.8 billion in 2023 and employs over 5,000 associates across more than 40 international locations.
MSA Safety reported strong Q2 2024 results, with net sales of $462 million, up 3% year-over-year. The company achieved 4% organic constant currency sales growth and healthy margin expansion. Key highlights include:
- GAAP operating income of $100 million (21.6% of sales)
- Adjusted operating income of $108 million (23.4% of sales)
- GAAP EPS of $1.83, adjusted EPS of $2.01 (up 10%)
- Returned $30 million to shareholders through dividends and share repurchases
MSA is maintaining its mid-single digit full-year sales growth outlook. The company's balance sheet remains strong with net leverage of 0.9x. Management cited disciplined execution and the MSA Business System as key drivers of the solid performance.
MSA Safety (NYSE: MSA) has released its 2023 Impact Report, highlighting the company's mission and quantifiable impact on protecting workers globally. The report focuses on three key areas: Products and Solutions, People, and Planet. Notable achievements include:
- Developing products that help reduce carbon footprints and operational costs
- Designing sustainable solutions with features like rechargeable batteries
- Creating inclusive PPE for diverse demographics
- Maintaining world-class safety performance and an inclusive work environment
- Progress towards 2030 emission reduction goals
MSA Safety's Safety Impact Metric estimates that their products and solutions helped protect approximately 40 million workers globally in 2023. The company reported 2023 revenues of $1.8 billion and employs over 5,000 associates across more than 40 international locations.
MSA Safety (NYSE: MSA) has unveiled its latest innovation in head protection, the V-Gard H2™ Safety Helmet. This new addition to the iconic V-Gard® line meets ANSI Z89.1 Type II certification requirements, offering enhanced protection against lateral and side impacts. The helmet features the optional Mips® brain protection system, designed to reduce the risk of brain trauma injuries by redirecting rotational energies during angled or lateral impacts.
Key features include a 4-point chinstrap, extensive accessory compatibility, and availability in vented and non-vented options with various colors and customization choices. The V-Gard H2 Safety Helmet is currently available in the United States, furthering MSA Safety's mission to provide diverse head protection solutions for industrial applications.
MSA Safety (NYSE: MSA), a global leader in advanced safety products, has scheduled its second quarter 2024 earnings conference call for July 25, 2024, at 10:00 a.m. Eastern Time. The call will be webcast along with a slide presentation on their investor relations website. A replay will be available for 90 days post-conference. The financial results for Q2 2024 will be released after market close on July 24, 2024. MSA Safety, headquartered in Cranberry Township, Pennsylvania, reported $1.8 billion in revenue for 2023 and employs over 5,000 associates globally.
MSA Safety is unveiling its latest innovation, the FL5000 Multi-Spectrum Flame Detector, at the NFPA Conference & Expo in Orlando, Florida. The FL5000 is the first of its kind to feature Bluetooth® connectivity for ease of use, allowing for wireless configuration, diagnostics, and quick access to event logs. The device's advanced features include multiple infrared detectors, artificial neural networks to distinguish between real flames and false alarms, and the ability to detect fires up to 310 feet away. Verified by Factor Mutual for 22 fuel types, the FL5000 also has a self-check system that runs every two minutes. MSA Safety will also showcase other gas and flame detection solutions at the expo, with sessions highlighting hydrogen hazard detection and flame detection technology advancements. Founded in 1914, MSA Safety reported $1.8 billion in revenue for 2023 and employs over 5,000 associates globally.