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Mettler-Toledo International Inc. Reports Fourth Quarter 2009 Results
Date:2/4/2010

---- Adjusted operating income $107,289 (c) 21.0 $100,972 19.8 ======== ======== Notes: (b) Includes restructuring charges of $3.0 million and $6.4 million which primarily represent severance and lease termination costs during the three months ended December 31, 2009 and December 31, 2008, respectively. (c) Adjusted operating income increased 6% as compared to the same period in 2008. METTLER-TOLEDO INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands except share data) (unaudited) Twelve months ended % Twelve months ended % December 31, 2009 of sales December 31, 2008 of sales Net sales $1,728,853 (a) 100.0 $1,973,344 100.0 Cost of sales 839,516 48.6 980,263 49.7 ------- ---- ------- ---- Gross profit 889,337 51.4 993,081 50.3 Research and development 89,685 5.2 102,282 5.2 Selling, general and administrative 505,177 29.2 579,806 29.4 Amortization 11,844 0.7 10,553 0.5 Interest expense 25,117 1.4 25,390 1.3 Other charges (income), net 32,752 1.9 8,981 0.4 ------ --- ----- --- Earnings before taxes 224,762 13.0 266,069 13.5 Provision for taxes 52,169 3.0 63,291 3.2
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