$182.260
-2.151 (-1.18%)At close
MSA News
MSA Events
MSA Safety Partners with Major Northeast Utility, $10.6M Contract
MSA Safety is partnering with one of the largest utility providers in the northeast United States as the utility invests in connected technologies that support worker safety. The ALTAIR io 6 Multigas Detector will be the newest addition to the MSA Connected Work Platform. This six-gas detector is ideal for confined space monitoring and sampling applications, and it will be MSA's first cellular-connected gas detector featuring an integrated pump. Additionally, it features MSA's XCell sensors and is small enough for handheld use or to wear. The utility's five-year purchase agreement is valued of up to $10.6M and is the largest ALTAIR io 6 Multigas Detector contract received to date, representing approximately $6.7M in initial contract value. MSA expects deployment of the devices to begin in January 2027.
MSA Safety Reports Q2 Revenue of $503M
Reports Q2 revenue $503M, consensus $496.27M. "I want to thank the MSA team for their disciplined execution across our business in the second quarter," said Steve Blanco, President and Chief Executive Officer of MSA Safety. "We delivered strong operating performance through the continued advancement of our Accelerate strategy. We also announced the acquisition of Autronica Fire and Security, which closed in early July and adds a highly complementary business that builds on the strength of our existing fixed detection platform while expanding our addressable market opportunity."
Sentinel Capital Partners Sells Autronica for $555M
Sentinel Capital Partners announced that it has signed a definitive agreement to sell Autronica Fire and Security, a standalone unit of its Spectrum Safety Solutions platform, to MSA Safety. The transaction is valued at approximately $555M.
MSA Safety to Acquire Autronica for $555M
MSA Safety announced it has entered into a definitive agreement to acquire Autronica Fire and Security for approximately $555M. Founded in 1957, Autronica is a designer, manufacturer, and supplier of fire detection, gas detection, and alarm systems. Autronica serves the critical infrastructure, energy, and maritime sectors. Based in Trondheim, Norway, Autronica employs approximately 500 employees globally. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals, and will be funded through a combination of cash on hand and borrowings under MSA's existing credit facility. The acquisition is expected to be accretive to growth and margins, with synergies. Autronica is a capital-efficient business that generates significant free cash flow and is expected to be accretive to adjusted EPS in the first full year of ownership. In 2025, the company recorded approximately $160M in sales with an adjusted EBITDA margin of approximately 20%.
MSA Safety Q1 Revenue $464M Beats Expectations
Reports Q1 revenue $464M, consensus $451.3M. "Our first quarter performance reflects the resilience of our diverse business, and a solid start to the year," said Steve Blanco, President and CEO of MSA Safety. "We continued to execute our Accelerate strategy and leverage the MSA Business System to drive profitable growth, while navigating the current macroeconomic and geopolitical landscape. Strong operational execution in our Americas segment drove our sales and margin performance, more than offsetting short-term challenges in Europe and the Middle East, which are part of our International segment. The team remains focused on achieving our strategic commitments, serving our customers, and delivering on our mission."
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.