MSA Safety Inc

MSA

Equity

ISIN US5534981064 / Valor 23909487

New York Stock Exchange, Inc (2024-11-20)

USD 171.82+2.25%

MSA Safety Inc
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About company

MSA Safety Inc is a global company that focuses on developing, manufacturing, and supplying safety products to protect people and facility infrastructures worldwide. The company offers a wide range of safety equipment and solutions to various industries, ensuring the safety and well-being of individuals and the integrity of facilities. With a strong commitment to safety, MSA Safety Inc plays a crucial role in promoting workplace safety and security on a global scale.

Summarized from source with an LLMView SourceSector: Technology

Net Sales Growth

MSA Safety Inc. reported net sales of $413 million for the first quarter of 2024, marking a 4% increase compared to the same period in 2023. This growth reflects the company's strong market presence and effective sales strategies.

Operating Income

For the first quarter of 2024, MSA Safety Inc. achieved a GAAP operating income of $80 million, which represents 19.4% of sales. On an adjusted basis, the operating income was $88 million, or 21.3% of sales, indicating robust operational efficiency.

Net Income and Earnings Per Share

MSA Safety Inc. recorded a GAAP net income of $58 million, or $1.47 per diluted share, for the first quarter of 2024. Adjusted earnings were higher at $63 million, or $1.61 per diluted share, showcasing the company's profitability and strong financial performance.

Capital Expenditures and Debt Repayment

During the first quarter of 2024, MSA Safety Inc. invested $11 million in capital expenditures and repaid $5 million of debt. These actions demonstrate the company's commitment to growth and financial stability.

Dividends and Shareholder Returns

MSA Safety Inc. returned $18 million to shareholders through dividends in the first quarter of 2024. This reflects the company's ongoing dedication to providing value to its shareholders and maintaining a strong dividend policy.

Summarized from source with an LLMView Source

Key figures

2.43%1Y

10.3%3Y

38.4%5Y

Performance

19.7%1Y

25.7%3Y

31.7%5Y

Volatility