Acquisitions and Restructuring Programs Drive MSA Safety Inc.'s Third-Quarter Results
MSA Safety's (NYSE: MSA) focus in recent quarters has been to use its balance sheet to make acquisitions that create value while managing costs to improve profitability. Both of those efforts paid dividends last quarter as the company's recent acquisition of Globe Manufacturing Company provided a notable boost to the bottom line while cost-cutting efforts took things a step further. Meanwhile, with strengthening incoming orders, it appears poised to continue growing for the foreseeable future.
Metric
Q3 2017
Source: Fool.com
MSA Safety Inc Stock
€175.00
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With a target price of 190 € there is a slightly positive potential of 8.57% for MSA Safety Inc compared to the current price of 175.0 €.
