MSA Safety reported modest revenue growth of 1% YoY in Q4 2024, with strong operating margin expansion and a 15% increase in net income. Adjusted EPS grew by 9% YoY, supported by effective SG&A management. The company maintained a solid financial position despite macroeconomic headwinds.
MSA Safety reported Q3 2024 results with net sales of $433 million, a 3% year-over-year decrease. GAAP operating income was $91 million, or 21.1% of sales, and adjusted operating income was $98 million, or 22.6% of sales. GAAP net income was $67 million, or $1.69 per diluted share, and adjusted earnings were $72 million, or $1.83 per diluted share.
MSA Safety reported a solid second quarter with a 3% increase in net sales to $462 million and a GAAP operating income of $100 million. The company maintains its mid-single digit full-year sales growth outlook.
MSA Safety reported a solid start to 2024, achieving a 4% increase in net sales to $413 million. The company saw robust margin expansion, with GAAP operating income at 19.4% of sales and adjusted operating income at 21.3%. GAAP net income reached $58 million, or $1.47 per diluted share, while adjusted earnings were $63 million, or $1.61 per diluted share.
MSA Safety reported a 12% increase in net sales, reaching $495 million, with GAAP operating income at $102 million and net income at $76 million, or $1.93 per diluted share.
MSA Safety Incorporated reported a 17% increase in net sales, reaching $447 million in Q3 2023. GAAP operating income was $94 million, or 21.1% of sales, and adjusted operating income was $101 million, or 22.7% of sales. GAAP net income stood at $65 million, or $1.65 per diluted share, with adjusted earnings of $70 million, or $1.78 per diluted share.
MSA Safety Incorporated reported strong second-quarter results with a 20% increase in net sales year-over-year, driven by broad-based strength across its product portfolio and regions. The company is increasing its full-year sales growth outlook to low double-digits.
MSA Safety reported a strong first quarter with double-digit revenue growth driven by robust customer demand across product categories and key regions. The company delivered solid incremental margins and remains focused on sustainable value creation for shareholders.
MSA Safety Incorporated reported record net sales of $443 million for the fourth quarter of 2022, an increase of 8% on a reported basis and 11% on a constant currency basis. GAAP operating income was $71 million, or 15.9% of sales, and adjusted operating income was $96 million, or 21.6% of sales. The company recorded GAAP earnings of $51 million or $1.31 per diluted share and adjusted earnings of $71 million or $1.80 per diluted share.
MSA Safety reported strong third-quarter results with double-digit organic sales growth and margin expansion. The company saw robust demand across its product portfolio, ending the quarter with record backlog.
MSA Safety reported a 9% increase in total sales to $372 million and GAAP earnings of $1.21 per diluted share. The company's performance was driven by robust demand across diversified end markets and excellent operational execution.
MSA Safety reported a 7% increase in total sales, reaching $331 million, with a 9% increase on a constant currency basis. The growth was supported by acquisitions and organic activity, despite challenges in the supply chain and inflationary environment. Adjusted earnings per diluted share increased to $1.10, compared to $0.95 in the same period last year.
MSA Safety Incorporated reported a 12% increase in total revenue to $340 million, driven by core product growth and strategic acquisitions. GAAP earnings were $0.48 per diluted share, while adjusted earnings remained consistent at $0.94 per diluted share. The company's order pace strengthened, but inflationary pressures and supply chain constraints intensified.
MSA Safety Incorporated reported a 9 percent increase in revenue to $341 million compared to the previous year. GAAP earnings were $25 million, or $0.64 per diluted share, while adjusted earnings were $42 million, or $1.06 per diluted share. The company completed the acquisition of Bacharach, Inc. on July 1, 2021, and anticipates continued growth in the second half of the year.
MSA Safety Incorporated reported a decrease in revenue by 10 percent to $308 million compared to the previous year. GAAP operating income was $44 million, or 14.3 percent of sales, while GAAP earnings were $36 million, or $0.92 per diluted share. The company deployed $63 million for the acquisition of Bristol Uniforms, invested $10 million in strategic capital expenditures, and funded $17 million of dividends to shareholders.