Mettler-Toledo International Inc. Reports First Quarter 2025 Results

About this update from Mettler-toledo International, Inc.

[{"type":"text","content":"COLUMBUS, Ohio, May 01, 2025--(BUSINESS WIRE)--Mettler-Toledo International Inc. (NYSE: MTD) today announced first quarter results for 2025. Provided below are the highlights:","length":175,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reported sales declined 5% compared with the prior year. In local currency, sales decreased 3% compared with the prior year and grew 3% excluding the recovery of delayed shipments in the prior year.","length":198,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net earnings per diluted share as reported (EPS) were $7.81, compared with $8.24 in the prior-year period. Adjusted EPS was $8.19, a decrease of 8% over the prior-year amount of $8.89. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last page of the attached schedules.","length":304,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":502,"olType":false},{"type":"text","content":"First Quarter Results","length":21,"tagName":"p"},{"type":"text","content":"Patrick Kaltenbach, President and Chief Executive Officer, stated, "We had a good start to the year with solid growth in our Laboratory business, excluding the recovery of delayed shipments in the first quarter of 2024. Strong execution of our margin expansion strategies led to better-than-expected earnings."","length":320,"tagName":"p"},{"type":"text","content":"GAAP Results","length":12,"tagName":"p"},{"type":"text","content":"EPS in the quarter was $7.81, compared with the prior-year amount of $8.24.","length":75,"tagName":"p"},{"type":"text","content":"Compared with the prior year, total reported sales declined 5% to $883.7 million. By region, reported sales decreased 2% in the Americas, 9% in Europe, and 4% in Asia/Rest of World. Earnings before taxes amounted to $201.9 million, compared with $220.5 million in the prior year.","length":279,"tagName":"p"},{"type":"text","content":"Non-GAAP Results","length":16,"tagName":"p"},{"type":"text","content":"Adjusted EPS was $8.19, a decrease of 8% over the prior-year amount of $8.89.","length":77,"tagName":"p"},{"type":"text","content":"Compared with the prior year, total sales in local currency decreased 3%. By region, local currency sales decreased 1% in the Americas, 7% in Europe, and 2% in Asia/Rest of World. Excluding the impact fr...

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