Mettler-toledo International, Inc. · NYSE:MTD
Mettler-toledo International — Q4 2023 Earnings Presentation
10 slides from Mettler-toledo International's earnings presentation, Feb 9, 2024
Slide 1: Q4 2023 Financial Results Earnings Call Webcast
Earnings Call Webcast February 9, 2024 Mettler-Toledo International Inc. Q4 2023 Financial Results
Slide 2: Safe Harbor Statement
Safe Harbor Statement 2 Statements in this presentation which are not historical facts constitute “forward looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These statements involve known and unknown
Slide 3: Summary Comments
Summary Comments 3 Fourth Quarter 2023 Highlights Local Currency Adj Operating Adjusted Sales Margin EPS 30.1% $9.40 (13%) down (380bp) down (22%) Our sales and Adjusted EPS were negatively impacted by the previously disclosed shipping delays of approximately $58m from a new external European logi
Slide 4: Sales by Geography – Q4
Sales by Geography 4 Q4 local currency sales growth Americas Europe Asia/ROW Total 43% 28% 29% 9% LC $1,058 (13%) LC 8% LC (7%) LC $935 $428 $402 9% LC 9% LC $336 (16%) LC (18%) LC $294 $273 $260 4Q22 4Q23 4Q22 4Q23 4Q22 4Q23 4Q22 4Q23 USD in 000's, figures may not foot due to rounding. Local curren
Slide 5: Sales by Geography – Full year
Sales by Geography 5 Full year local currency sales growth Americas Europe Asia/ROW Total 41% 27% 32% 11% LC (3%) LC $3,920 $3,788 12% LC (1%) LC $1,582 $1,568 13% LC $1,323 (5%) LC 6% LC (2%) LC $1,205 $1,014 $1,015 2022 2023 2022 2023 2022 2023 2022 2023 USD in 000's, figures may not foot due to r
Slide 6: Sales by Product – Q4
Sales by Product 6 Q4 local currency sales growth Laboratory Industrial Food Retail Total 55% 40% 5% 9% LC $1,058 10% LC (13%) LC $616 $935 (18%) LC $513 6% LC (7%) LC $396 $370 12% LC 9% LC $46 $51 4Q22 4Q23 4Q22 4Q23 4Q22 4Q23 4Q22 4Q23 USD in 000's, figures may not foot due to rounding. Local cur
Slide 7: Sales by Product – Full year
Sales by Product 7 Full year local currency sales growth Laboratory Industrial Food Retail Total 55% 39% 6% 11% LC (3%) LC $3,920 12% LC $3,788 $2,230 (7%) LC $2,069 9% LC (1%) LC $1,511 $1,490 1% LC 27% LC $179 $229 2022 2023 2022 2023 2022 2023 2022 2023 USD in 000's, figures may not foot due to r
Slide 8: Profit & Loss Statement – Q4 2023
Profit & Loss Statement – Q4 2023 8 (USD in 000’s) Q4 2023 Q4 2022 Change Net Sales $934,992 $1,057,685 (12%) Local Currency Growth % (13%) 9% Gross Profit 551,638 632,140 (13%) Gross Profit Margin % 59.0% 59.8% (80bp) Research and Development 46,435 45,942 1% % of Sales 5.0% 4.3% 70bp Selling, Gene
Slide 9: Profit & Loss Statement – YTD 2023
Profit & Loss Statement – YTD 2023 9 (USD in 000’s) YTD 2023 YTD 2022 Change Net Sales $3,788,309 $3,919,709 (3%) Local Currency Growth % (3%) 11% Gross Profit 2,241,286 2,308,042 (3%) Gross Profit Margin % 59.2% 58.9% 30bp Research and Development 185,284 177,122 5% % of Sales 4.9% 4.5% 40bp Sellin
Slide 10: Thank You.
METTLER TOLEDO 10 Thank You.
Mettler-Toledo International — Q4 2023 Earnings Presentation on 6ix