Mettler Toledo International : Q3 2020 Earnings Conference Call Presentation
November 05, 2020 at 04:32 pm EST
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Earnings Webcast
November 5, 2020
Mettler-Toledo International Inc.
Q3 2020 Financial Results
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 risks, uncertainties and other factors that may cause our or our businesses, actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. For a discussion of these risks and uncertainties, please see "Factors Affecting Our Future Operating Results" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the most recently completed fiscal year and other reports filed with the SEC from time to time.
November 5, 2020
Summary Comments - Q3 2020
3
Local currency sales
+ 6%
Adjusted Operating Profit Margin
+ 250 bp
Adjusted EPS
+ 22%
Q3 Highlights
Outstanding growth in China and strong growth in our Laboratory business resulted in excellent performance in the quarter, despite negative impacts on our business from COVID-19.
Our strong product portfolio combined with innovative sales and marketing strategies are yielding very good results despite the overall challenging environment.
With the benefit of our temporary cost initiatives as well as ongoing margin and productivity initiatives, we had a strong increase in Adjusted Operating Profit margins and excellent growth in Adjusted EPS.
Cash flow generation was also very robust.
November 5, 2020
Sales by Geography
4
Q3 Local Currency Sales Growth
Europe
(29%)
Americas
4%
2%
(38% of total sales)
7%
3%
Total
6%
4%
2019 2020
Note: Local currency (LC) sales excludes foreign exchange impact.
Asia / RoW
(33%)
10%
4%
November 5, 2020
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Mettler Toledo International Inc. published this content on 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 21:31:06 UTC
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. 
