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Jun 30, 2024
MSA Q2 2024 Earnings Report
Achieved healthy sales growth and margin improvement through strong execution.
Key Takeaways
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.
Net sales reached $462 million, a 3% increase compared to the previous year.
GAAP operating income was $100 million, representing 21.6% of sales.
GAAP net income was $72 million, or $1.83 per diluted share.
$30 million was returned to shareholders through dividends and stock repurchases.
MSA
MSA
MSA Revenue by Segment
MSA Revenue by Geographic Location
Forward Guidance
MSA Safety is maintaining its mid-single-digit growth outlook for the year, while closely assessing global economic trends.
Revenue & Expenses
Visualization of income flow from segment revenue to net income