MSA Safety Inc. (NYSE: MSA), Pittsburgh, PA, reported fourth-quarter sales of $362 million, up 5 percent compared with the fourth quarter of 2017. The company reported quarterly net income of $24.9 million.
For the full year 2018, sales were $1.36 billion, up 13 percent compared with 2017. Net income for the year was $124.2 million.
MSA said the results were driven by strong growth across its core product portfolio, supported by investments in new product development. The company reported growth in its fire service business in particular, and also reported double-digit growth in its personal protective equipment product lines.
Related Posts
-
Annual sales were down slightly.
-
Full-year sales grew 6% to $370.8 million.
-
By region, U.S. sales grew 10% in April.