MSA Safety Incorporated Q4 2025 Earnings Call Summary

Core Insights - The performance of the company showed a significant divergence between product categories, with a 17% organic growth in detection countered by a 21% organic decline in fire service [1] - Detection growth was driven by the completion of large fixed-detection orders in the Americas and the ongoing adoption of the MSA+ connected ecosystem [1] - The contraction in fire service was linked to external timing dynamics, particularly delays in U.S. Assistance to Firefighters Grants (AFG) and a temporary U.S. government shutdown [1] Operational Highlights - The company achieved record safety performance with zero lost time incidents, emphasizing a strong internal 'culture of safety' as a key operational pillar [1] - The acquisition of M&C TechGroup contributed $15 million in quarterly revenue, successfully integrating into the fixed detection portfolio and expanding the total addressable market [1] - Gross margins remained stable year-over-year, as strategic pricing actions and a favorable product mix helped mitigate the effects of tariffs and inflationary pressures [1]