Mettler Toledo International : Q4 2020 Earnings Conference Call Presentation
February 04, 2021 at 04:18 pm EST
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Earnings Webcast
February 4, 2021
Mettler-Toledo International Inc.
Q4 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.
February 4, 2021
Summary Comments - Q4 2020
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Local currency sales
+ 7%
Adjusted Operating Profit
+ 14%
Adjusted EPS
+ 19%
Q4 Highlights
We ended the year with very good sales growth in all regions, with particularly strong growth in our Laboratory business and in China.
We benefited from strong execution and were well positioned to capture growth as customer demand improved, however, we continued to be negatively impacted by COVID-19 in certain businesses and end markets.
Strong sales growth combined with good cost control and the benefit of our ongoing margin and productivity initiatives, contributed to strong growth in Adjusted Operating Profit and Adjusted EPS.
Cash flow generation in the quarter, and for the full year, was excellent.
February 4, 2021
Sales by Geography
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Q4 Local Currency Sales Growth
Americas
(36% of total sales)
8%
6%
Europe
(32%)
7%
1%
Asia / RoW
(32%)
8%
5%
Total
7%
4%
2019 2020
Note: Local currency (LC) sales excludes foreign exchange impact.
February 4, 2021
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Mettler Toledo International Inc. published this content on 04 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 21:17:09 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. 
