Msa safety announces fourth quarter and full year 2024 results
Fourth quarter 2024 highlights achieved net sales of $500 million, a 1% gaap increase and 2% organic(a) increase year-over-year generated gaap operating income of $118 million, or 23.5% of sales, and adjusted operating income of $120 million, or 24.0% of sales recorded gaap net income of $88 million, or $2.22 per diluted share, and adjusted earnings of $89 million, or $2.25 per diluted share invested $14 million for capital expenditures, repaid $43 million of debt, returned $20 million to shareholders through dividends and repurchased $10 million of common stock full year 2024 highlights achieved net sales of $1.8 billion, a 1% gaap increase and 2% organic increase year-over-year generated gaap operating income of $389 million, or 21.5% of sales, and adjusted operating income of $414 million, or 22.9% of sales recorded gaap earnings of $285 million, or $7.21 per diluted share, and adjusted earnings of $305 million, or $7.70 per diluted share invested $54 million for capital expenditures, repaid $94 million of debt, returned $79 million to shareholders through dividends and repurchased $30 million of common stock improved strong financial position with net leverage of 0.7x and ample liquidity pittsburgh , feb. 12, 2025 /prnewswire/ -- global safety equipment and solutions provider msa safety incorporated (nyse: msa) today reported financial results for the fourth quarter and year ended december 31, 2024. (a) definition of organic revenue growth provided on the bottom of page eight.
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