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MSA Announces Second Quarter Results
Date:7/28/2009

in Europe, and no change in International.

Net income in the company's North American segment was down only $0.7 million, or 6 percent, on the 24 percent decrease in sales in the second quarter of 2009. The decrease was primarily related to the previously-discussed decrease in sales, substantially offset by the positive results of ongoing initiatives to reduce operating expenses.

Net income in the European segment was down $4.4 million, or 91 percent, in the second quarter of 2009. Local currency net income was $3.3 million lower due to the previously-discussed decrease in sales. Currency translation effects reduced European segment net income, when stated in U.S. dollars, by approximately $1.1 million.

Net income in MSA's International segment was down $2.1 million, or 59 percent, in the current quarter. Local currency income was $1.2 million lower, primarily due to the previously-discussed decrease in sales. Currency translation reduced International segment net income by approximately $0.9 million.

"In these uncertain economic times, our global teams are closely monitoring the markets we serve and are adjusting our responses to meet market realities. We must continue to be diligent in our efforts to reduce costs and manage our business in ways that allow us to not only weather the current downturn, but to be responsive in seizing opportunities when a recovery occurs," Mr. Lambert concluded.

About MSA:

Established in 1914, MSA is a global leader in the development, manufacture and supply of sophisticated safety products that protect people's health and safety. Sophisticated safety products typically integrate any combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive line of products is used by workers around the world in t
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