MSA Safety sales grow by 5 percent
MSA Safety reported fourth-quarter revenue increased 5 percent to $362 million, compared to $346 million in last year's fourth quarter.
Net income of $25 million, or 64 cents per diluted share, compared to a loss of $33 million, or a loss of 87 cents per share, in the same period last year.
For the full year, sales of $1.36 billion increased 13 percent from $1.2 billion the previous year. Net income for the year of $124 million, or $3.18 per diluted share, compared to income of $26 million, or 67 cents, in 2017.
“On the industrial side of our business, we realized double-digit growth in our personal protective equipment product lines, where we've invested heavily to develop what we believe are the most comfortable and customizable hard hat and fall protection solutions available today," said Nish Vartanian, president and CEO.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
