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Mar 31
MSA Q1 2025 Earnings Report
Reported financial results for the first quarter of 2025
Key Takeaways
MSA Safety reported solid first quarter 2025 results with a 2% GAAP increase and 4% organic increase in net sales year-over-year. The company saw healthy order growth and maintained its low-single-digit organic sales growth outlook for the full year.
Net sales increased 2% GAAP year-over-year to $421.3 million.
GAAP operating income was $77.8 million, or 18.5% of sales.
Adjusted operating income was $87.5 million, or 20.8% of sales.
GAAP net income was $59.6 million, resulting in $1.51 per diluted share.
MSA
MSA
MSA Revenue by Segment
MSA Revenue by Geographic Location
Forward Guidance
The company maintained its low-single-digit full-year organic sales growth outlook for 2025.
Positive Outlook
- Maintaining low-single-digit organic sales growth outlook for 2025.
- Expectation of relative economic stability.
- Team's continued dedication to executing the Accelerate strategy.
- Focus on customer-driven innovation.
- Commitment to the principles of the MSA Business System.
Challenges Ahead
- Closely monitoring elevated macro risks including tariffs.
- Expectation for the environment to become more dynamic moving forward.
- Potential impact of macroeconomic factors on sales growth.
- Uncertainty in operating conditions.
- No assurances that additional special items will not occur.
Revenue & Expenses
Visualization of income flow from segment revenue to net income