secwatch.observer — SEC 8-K summary
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Issuer:     MSA Safety Inc (MSA)
CIK:        0000066570
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0000066570-21-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSA Safety Q2 revenue +9% to $341M; adjusted EPS $1.06; closes $337M Bacharach deal
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- Revenue $341M, +9% reported; GAAP EPS $0.64; adjusted EPS $1.06.
- Adjusted operating income $59M (17.2% of sales) vs $59M (18.7%) a year ago.
- Completed acquisition of Bacharach for $337M on July 1, 2021; financed with debt <2% after-tax cost.
- Incoming orders exceeded both 2020 and 2019 levels; supply chain constraints drove significant backlog increase.
- Deployed ~$400M in 2021 for Bacharach and Bristol Uniforms acquisitions; management confident in H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66570/000006657021000042/0000066570-21-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66570/000006657021000042/msa-20210728.htm
  HTML page:      https://secwatch.observer/filing/0000066570-21-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer