MSA Safety: International Expansion in Fire Services As A Vital Factor Driving Growth! 

MSA Safety has presented mixed results for the third quarter of 2024. The company reported a 3% year-over-year decline in net sales on both reported and organic constant currency bases. Despite the decrease in sales, adjusted earnings grew by 3%, indicating operational resilience and strong margin performance. The decline in sales was attributed primarily to timing issues in Fire Services deliveries and customer delays. However, positive order momentum was noted, and the backlog increased sequentially, with orders up by high single digits when excluding U.S. Air Force contract impacts.