Operational Resilience and Earnings Growth
Despite a 3% decrease in net sales year-over-year, adjusted earnings increased by 3%. The company demonstrated strong operational resilience and margin performance.
Significant Order Momentum
Orders increased year-over-year by high single digits, excluding the impact of the U.S. Air Force order, with a book-to-bill ratio of 1.1x.
Recognition as a 2024 Outstanding Corporate Innovator
MSA was named a 2024 Outstanding Corporate Innovator by the Product Development and Management Association, one of only two companies to achieve this distinction twice in the award's history.
Strong Performance in Portable Detection
Portable detection sales have grown by nearly 40% over the last two years, with significant growth in connected portables.
Continued International Momentum
The company experienced excellent international momentum with the M1 SCBA and growth in fire helmets and turnout gear.