Highest-materiality recent filing
MSA Safety completes $555M acquisition of Autronica Fire and Security
Acquisition valued at ~$555M; Autronica reported ~$160M in 2025 sales.
MSA Safety acquires Autronica Fire & Security for $555M cash; accretive to EPS year one
Purchase price of ~$555M in cash; funded from cash on hand and existing credit facility.
MSA Safety Q1 net sales $464M (+10%), adj. EPS $1.99 (+18%); maintains 2026 growth outlook
Net sales $463.6M (+10% GAAP, +3% organic YoY); adj. diluted EPS $1.99 vs $1.68 prior year.
MSA Safety Board authorizes $500M share repurchase program, replacing $200M prior authorization
Board approved $500M share repurchase program on Feb 20, 2026; replaces prior $200M authorization from 2024.
MSA Safety Q4 2025 adj EPS $2.38 (+6% YoY); organic sales -3% on fire service delays
Q4 net sales $511M (+2% GAAP, -3% organic); FY sales $1.875B (+4% GAAP, +1% organic).
MSA Safety Q3 net sales $468M (+8% GAAP, +3% organic); adj. EPS $1.94
GAAP net income $69.6M ($1.77 diluted EPS); adjusted earnings $76.2M ($1.94 adjusted diluted EPS).
MSA Safety names Julie A. Beck as CFO; effective August 18, 2025
Julie A. Beck appointed SVP, CFO and Treasurer, effective August 18, 2025.
GAAP net income $63M ($1.59 diluted EPS) vs $72M ($1.83) in Q2 2024; adjusted net income $76M ($1.93) vs $80M ($2.01).
MSA Safety acquires M&C TechGroup for ~$200M; expects accretion to adjusted earnings in 2025
Acquisition of M&C TechGroup (Ratingen, Germany) valued at ~$200M; ~$55M annual revenue.
MSA Safety Q1 adjusted EPS $1.68 (+4% YoY); maintains 2025 organic growth outlook
Net sales $421.3M (+2% GAAP, +4% organic YoY); GAAP diluted EPS $1.51; adjusted diluted EPS $1.68.
MSA Safety Reports Q4 2024 Net Sales of $500M, EPS of $2.22; Full Year EPS $7.21
Q4 2024 net sales $500M, up 1% GAAP and 2% organic year-over-year; GAAP operating income $118M (23.5% of sales).
MSA Safety Q3: revenue $433M (-3% YoY), adj. EPS $1.83, orders up high-single digits
Net sales $433M, down 3% YoY; GAAP EPS $1.69, adjusted EPS $1.83 (+3% YoY).
MSA Safety Q2 net sales $462M (+3% YoY); adj. EPS $2.01, +10% YoY
GAAP operating income $100M (21.6% margin); adjusted operating income $108M (23.4% margin).
MSA Safety elects Nish Vartanian Non-Executive Chairman; Steve Blanco becomes CEO
Nish Vartanian elected Non-Executive Chairman; retires as CEO at end of May.
MSA Safety Q1 2024: sales $413M (+4% YoY), adjusted EPS $1.61 (+18%), margin expands
Net sales $413M (+4% YoY); GAAP diluted EPS $1.47 vs (3.83) loss last year.
MSA Safety elects Steve Blanco CEO effective May 10, 2024; Vartanian retires as CEO
Steve Blanco, 57, currently President and COO, to succeed Nish Vartanian as CEO effective May 10, 2024.
MSA Safety Q4 net sales $495M (+12% YoY); adj. EPS $2.06; mid-single-digit 2024 growth guidance
Q4 GAAP EPS $1.93; adjusted EPS $2.06 (+14% YoY); full-year adj. EPS $7.03 (+24%).
MSA Safety Q3 net sales $447M (+17% YoY), diluted EPS $1.65, raises FY sales outlook to mid-teens
Net sales $447M (+17% YoY); GAAP op income $94M (21.1% of sales); adj op income $101M (22.7% of sales).
MSA Q2 net sales $447M (+20% YoY); raises FY sales outlook to low double-digits
Net sales $447M (+20% YoY); GAAP EPS $1.70; adjusted EPS $1.83 (+42% YoY on adjusted basis).
MSA Safety Q1 net sales up 20% to $398M; adjusted EPS $1.36, guidance raised
Net sales of $398M, up 20% reported (22% constant currency) vs Q1 2022.
MSA Safety Q4 record sales $443M, adjusted EPS $1.80; FY record $1.53B
Record Q4 net sales of $443M (+8% reported, +11% constant currency); GAAP EPS $1.31 vs ($1.57) loss prior year.
MSA Safety completes sale of MSAC LLC, removes $211M in liabilities, records $207M estimated loss
Sold MSAC LLC to Sag Main Holdings (R&Q/Obra JV) on Jan 5, 2023; all Specified Liabilities removed from balance sheet.
MSA Safety divests subsidiary holding legacy coal dust, asbestos, silica claims for $341M
Divested subsidiary holding legacy product liability claims (coal dust, asbestos, silica) to a JV between R&Q and Obra.
MSA Safety Q3 sales $382M (+16% CC); GAAP EPS $1.14, adj. EPS $1.45; record backlog
Q3 sales $382M, up 12% reported and 16% constant currency YoY; adjusted operating income $75M (19.7% margin).
MSA Safety names Lee McChesney as SVP and CFO, succeeding interim CFO Buck
Lee McChesney appointed SVP and CFO effective Oct 17, 2022; previously VP Corp Finance at Stanley Black & Decker.
MSA Safety CFO Ken Krause resigning Aug 26; interim CFO named
CFO Kenneth Krause resigns effective August 26, 2022, to become CFO at another public company.
MSA Safety Q2 sales $372M (+9% YoY), GAAP EPS $1.21 from $0.64, adjusted EPS $1.29 from $1.06
Total sales $372M, up 9% reported (12% constant currency); organic constant currency growth 8%, acquisitions added 4%.
MSA Q1 sales +9% constant currency; adj EPS $1.10 vs $0.95 YoY
Total sales $331M (+7% reported, +9% constant currency); organic +4%, acquisitions +5%.
MSA Safety Q4 record revenue $410M, GAAP loss $1.57/sh on $160M liability charge
Record Q4 revenue $410M (+6% YoY); core product revenue +9%.
MSA Safety Q3 revenue $340M (+12%), adjusted EPS $0.94 flat YoY; GAAP EPS down 32%
Revenue $340M, +12% reported, +3% organic constant currency; core product revenue up 19% reported.
MSA Safety Q2 revenue +9% to $341M; adjusted EPS $1.06; closes $337M Bacharach deal
Revenue $341M, +9% reported; GAAP EPS $0.64; adjusted EPS $1.06.
Lee B. McChesney, Senior Vice President and Chief Financial Officer of the Company, has notified the Company that he will resign effective March 21, 2025, to pursue another business opportunity.
the Company’s Executive Director of Financial Planning and Analysis and Strategy, Elyse L. Brody, will act as interim Chief Financial Officer effective March 21, 2025, in addition to her current role with the Company.
In a Current Report on Form 8-K filed on February 9, 2024 (the “Prior 8-K”), MSA Safety Incorporated (the “Company”) previously reported the departure of Bob W. Leenen, Former Senior Vice President and President, MSA International.
Nishan J. Vartanian’s announcement to the Board on February 21, 2024, of his intention to retire as Chief Executive Officer in May 2024.
On February 21, 2024, the Board of Directors (the “Board”) of MSA Safety Incorporated (the “Company”) elected Steven C. Blanco as Chief Executive Officer, to be effective May 10, 2024.
The Board also elected Mr. Blanco as a director on the Board, effective immediately.
On February 9, 2024, Mr. Bob W. Leenen left the Company.
On May 30, 2023, the Board elected Mr. Steven C. Blanco as the President and Chief Operating Officer of the Company, commencing June 1, 2023.
Mr. Lee McChesney was appointed Senior Vice President and Chief Financial Officer (principal financial officer) of the Company.
Following Mr. McChesney’s appointment, Mr. Johnathan D. Buck, Interim Chief Financial Officer, will remain as the Company’s Chief Accounting Officer.
the departure of Kenneth D. Krause, Senior Vice President, Chief Financial Officer and Treasurer of the Company
the appointment of MSA Chief Accounting Officer, Jonathan D. Buck, as interim Chief Financial Officer effective August 26, 2022
Max materiality 0.85 · Median 0.65 · Most common event earnings