MSA Posts Record 2Q 2011 Profit

Sales in each segment -- North America, Europe, and international -- rose by 18 percent, 33 percent, and 28 percent, respectively, year-over-year.

Pittsburgh-based MSA reported record sales of $295 million for the second quarter of 2011, saying July 28 that figure was a 24 percent improvement from its $237 million in sales during 2010's second quarter. Net income rose by 66 percent to $20 million year-over-year and $21 million when after-tax restructuring charges were excluded.

The company reported its acquisition of General Monitors increased its 2Q 2011 sales by $14 million in North America and by $8 million in Europe. Gas detection and fall protection organic sales rose in North America, but SCBA sales to the fire service declined there, it said. In Europe, sales of gas detection products rose.

For the six months ending June 30, net sales for the company as a whole were $571.2 million in 2011 versus $449.6 million in 2010, the company reported.

"We continued to see solid growth in our core product groups in both developed and emerging markets in the second quarter. Our performance in the second quarter provides evidence that reinforces our belief in our strategic direction," MSA President and CEO William Lambert said in the company's July 28 news release.

Download Center

HTML - No Current Item Deck
  • Safety Management Software - Free Demo

    IndustrySafe Safety Software’s comprehensive suite of modules help organizations to record and manage incidents, inspections, hazards, behavior based safety observations, and much more. Improve safety with an easy to use tool for tracking, notifying and reporting on key safety data.

  • Create Flexible Safety Dashboards

    IndustrySafe’s Dashboard Module allows organizations allows you to easily create and view safety KPIs to help you make informed business decisions. Our best of breed default indicators can also save you valuable time and effort in monitoring safety metrics.

  • Schedule and Record Observations

    IndustrySafe's Observations module allows managers, supervisors, and employees to conduct observations on employees involved in safety critical behavior. IndustrySafe’s pre-built BBS checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Why Is Near Miss Reporting Important?

    A near miss is an accident that's waiting to happen. Learn how to investigate these close calls and prevent more serious incidents from occurring in the future.

  • Get the Ultimate Guide to Safety Training

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common FAQs.

  • Industry Safe
comments powered by Disqus

OH&S Digital Edition

  • OHS Magazine Digital Edition - April 2019

    April 2019

    Featuring:

    • ELECTRICAL SAFETY
      Taking the Guesswork Out of De-Energizing Industrial Equipment 
    • VISION PROTECTION
      Four Simple and Effective Ways to Avoid Digital Eye Strain
    • FOOT PROTECTION
      PPE the Automotive Industry Needs to Invest In
    • FIRE SAFETY
      Eliminate 10 Fire Hazards That May Be in Plain Sight
    View This Issue