Mettler-Toledo International Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021 and Full Year of 2022
November 04, 2021 at 04:10 pm EDT
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Mettler-Toledo International Inc. provided earnings guidance for the fourth quarter and full year of 2021 and full year of 2022. For the quarter, the company anticipates local currency sales growth to be approximately 8%.
For the year 2021, the company anticipates local currency sales growth to be approximately 17%.
For the year 2022, the company anticipates local currency sales growth to be approximately 6%.
Mettler-Toledo International, Inc. specializes in the design, manufacturing and marketing of precision instruments. Net sales break down by sector of activity as follows:
- research and development in laboratories (55.6%): weighing solutions (analytical balances, precision balances, microbalances, mass comparators, etc.), pipetting systems, analytical instruments (thermal analysis instruments, titrators, pH meters, densimeters, refractometers and spectrophotometers), automated reactors, etc. ;
- industries (39.3%): industrial scales, analysis systems, industrial inspection and control systems. The group also offers software solutions for weighing, measuring and identification, as well as solutions to monitor and control production processes;
- distribution of food products (6.1%): weighing solutions (weight / price scales, counter balances, cash balances, etc.), packaging, pricing, packaging and labeling.
Net sales by source of revenue break down between product sales (76.7%) and services (23.3%).
At the end of 2023, the group had 30 production sites worldwide.
Net sales are distributed geographically as follows: the United States (35.5%), the Americas (5.9%), Germany (5.8%), France (3.7%), Switzerland (2.4%), the United Kingdom (2.1%), Europe (12.8%), China (18.7%) and other (13.1%).
METTLER-TOLEDO INTERNATIONAL, INC. 
