Fire Service Gains Stand Out in MSA's Record Sales for First Quarter

Pittsburgh-based MSA this morning announced its first quarter 2008 sales set a  record at $266.3 million, up 18 percent from $225.9 million in the same quarter last year. Net income was $16.0 million (45 cents per basic share) in the first quarter this year, equal to last year's $16.1 million (45 cents) in 2007. Company officials said during their conference call that a higher effective income tax rate and intercompany currency exchange losses tied to movements in overseas currencies were offsetting factors, but they said this was a strong quarter for the company.

Outgoing Chairman and CEO John T. Ryan III, saying he was participating in his final earnings call for the company he's headed since 1991, signed off by saying the company's in good hands and in good position. Bill Lambert, president and COO, takes the reins May 13 during the company's annual meeting in Pittsburgh.

North American sales increased during the first quarter for all three MSA segments of the fire market -- SCBAs by 55 percent, fire helmets by 21 percent, and thermal imaging cameras.by 76 percent, the officials said, adding that incoming oders for the North American fire market also rose during the quarter. SCBA sales were up as the marketplace adjusted to new NFPA performance standards, with both volume and price of MSA's units rising. The company saw international sales rise by 19 percent for the quarter and operating income by 25 percent. Project Magellan, an initiative to improve the efficiency of North American manufacturing operations, is "clearly helping us improve our efficiency," Lambert said.

Download Center

  • Safety Metrics Guide

    Is your company leveraging its safety data and analytics to maintain a safe workplace? With so much data available, where do you start? This downloadable guide will give you insight on helpful key performance indicators (KPIs) you should track for your safety program.

  • Job Hazard Analysis Guide

    This guide includes details on how to conduct a thorough Job Hazard Analysis, and it's based directly on an OSHA publication for conducting JHAs. Learn how to identify potential hazards associated with each task of a job and set controls to mitigate hazard risks.

  • A Guide to Practicing “New Safety”

    Learn from safety professionals from around the world as they share their perspectives on various “new views” of safety, including Safety Differently, Safety-II, No Safety, Human and Organizational Performance (HOP), Resilience Engineering, and more in this helpful guide.

  • Lone Worker Safety Guide

    As organizations digitalize and remote operations become more commonplace, the number of lone workers is on the rise. These employees are at increased risk for unaddressed workplace accidents or emergencies. This guide was created to help employers better understand common lone worker risks and solutions for lone worker risk mitigation and incident prevention.

  • EHS Software Buyer's Guide

    Learn the keys to staying organized, staying sharp, and staying one step ahead on all things safety. This buyer’s guide is designed for you to use in your search for the safety management solution that best suits your company’s needs.

  • Vector Solutions

Featured Whitepaper

OH&S Digital Edition

  • OHS Magazine Digital Edition - May 2022

    May 2022

    Featuring:

    • WEARABLE TECHNOLOGY
      How Wearable Technology is Transforming Safety and the Industrial Workplace
    • TRAINING: CONFINED SPACES
      Five Tips to Improve Safety in Confined Spaces
    • INDUSTRIAL HYGIENE
      Monitor for Asbestos to Help Save Lives
    • PPE: FALL PROTECTION
      Fall Protection Can Be Surprising
    View This Issue