Navigation Links
Mettler-Toledo International Inc. Reports Third Quarter 2009 Results
Date:10/29/2009

prior-year amount of $76.5 million. Adjusted operating income is a non-GAAP measure, and a reconciliation to earnings before taxes is provided in the attached schedules.

Cash flow from operations was $79.6 million, compared with $76.6 million in 2008.

Nine-Month Results

EPS was $3.02, compared with the prior-year amount of $3.96. Adjusted EPS was $3.48, compared with the prior-year amount of $3.85.

Sales were $1.217 billion, compared with $1.464 billion in 2008, reflecting a 12% decline in local currency sales. Reported sales declined by 17% due to a negative 5% currency impact. By region, local currency sales decreased 15% in Europe, 13% in the Americas and 4% in Asia / Rest of World. Adjusted operating income amounted to $187.2 million, an 11% decrease from the prior-year amount of $210.0 million.

Cash flow from operations was $188.5 million, compared with $160.6 million in 2008.

Cost Reduction Program

Earlier in the year, the Company announced a Cost Reduction Program aimed at reducing costs by approximately $100 million annually. The Program, which is substantially completed, consisted primarily of work force reductions and other cost efficiency measures. The Company reported that the Program will meet its target. Total restructuring charges associated with the Program are expected to be $40 million, of which $34.8 million has been incurred to date.

Fourth Quarter Outlook

The Company stated that forecasting continues to be difficult given the ongoing uncertainty in the global economy. For the fourth quarter 2009, management expects a local currency sales decline in the range of -6% to -7% and Adjusted EPS in the range of $1.90 to $2.00. For the full-year 2009, this results in a local currency sales decline of approximately -10% and Adjusted EPS in the range of $5.39 to $5.50. This compares with previous full-year Adjusted
'/>"/>

SOURCE Mettler-Toledo International Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13

Related medicine technology :

1. Intellect Neurosciences, Inc. to Present Data on Alzheimers Vaccine at 13th International Congress of Immunology Conference
2. Paper in International Journal of Oncology Reports Alfacells ONCONASE(R) Suppresses Intracellular Oxidative Stress
3. Ozarelix Phase 2 Data Presented at 29th Congress of the Societe Internationale dUrologie
4. Anadys Pharmaceuticals Presents Preclinical Results on ANA598, a Non-Nucleoside Inhibitor of the NS5B Polymerase, at the 14th International Symposium on Hepatitis C Virus and Related Viruses
5. International Expert Group Initiates Largest Multi-center Phase III Trial to Evaluate NeuroAid(TM) in Stroke Recovery
6. Surface Logix Presents Positive Phase 1 Repeat-Dose Trial Data on SLx-4090 at The 16th International Symposium on Drugs Affecting Lipid Metabolism
7. Preclinical Data on Lead MEK Inhibitor, RDEA119, to be Presented at the 2007 AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics
8. Tumor Growth Inhibition and Pharmacokinetic Profile of NKTR-102 (PEG-Irinotecan) in Multiple Solid Tumors To Be Presented at Upcoming AACR-NCI-EORTC International Conference
9. Preimplantation Genetic Diagnosis International Society Refutes American Society of Reproductive Medicine Opinion - States Preimplantation Genetic Screening is Beneficial When Performed in Experienced Centers
10. Survival Data for Avicenas Amyotrophic Lateral Sclerosis Drug Candidate, AL-02, to be Presented at 18th International Symposium on ALS/MND
11. CEL-SCI CEO to Present at the International Society for Pharmaceutical Engineering 2007 Chesapeake BioShowcase
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... 27, 2014 Varian Medical Systems (NYSE: VAR) today broke ... Salt Lake City manufacturing facility and allow ... Utah to ultimately create 1,000 new full ... " Utah is home ... of whom can be credited with Varian,s success in the ...
(Date:8/27/2014)... 27, 2014 According to ... Radiology, CAD/CAM, Dental Chairs, Dental Lasers), Current Trends, Opportunities ... global Dental Equipment Market is expected to reach ... 2014, growing at a CAGR of 5.7% between ... data tables and 61 figures spread through 167 ...
(Date:8/27/2014)... ResearchMoz presents this most up-to-date ... Outlook to 2020. New report, "United States Laparoscopes Market ... United States Laparoscopes market . The report provides ... and average prices (in US dollars) within market segments ... Video Laparoscopes), Robotic Surgical Systems and Rigid Tip Non-Video ...
Breaking Medicine Technology:Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 2Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 3Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 4Dental Equipment Market Worth $7,138.9 Million by 2019 2Dental Equipment Market Worth $7,138.9 Million by 2019 3United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 2United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 3United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 4United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 5
... Rapid Fire Marketing (Pink Sheets: RFMK ) announced ... Manufacturer to begin the development of the Pocket Puffer and the ... all specifications are met, the manufacturing facility will set up the ... a patent of the new device once complete and approved. ...
...  Ameritox, the national leader in pain medication monitoring, ... against San Diego-based Millennium Laboratories seeking damages, injunctive ... and unfair trade practices.  The Ameritox filing alleges ... in violations of the Lanham Act, unfair competition ...
Cached Medicine Technology:Rapid Fire Marketing Funds Development of Second Generation Vapor Inhaler 2Ameritox Files Amended Complaint Against Millennium Laboratories For Injunctive Relief, Declaratory Relief and Damages 2Ameritox Files Amended Complaint Against Millennium Laboratories For Injunctive Relief, Declaratory Relief and Damages 3
(Date:8/27/2014)... 27, 2014 Philadelphia, PA. Inc. ... annual Inc. 500 list, an exclusive ranking of the ... most comprehensive look at the most important segment of ... who gained early exposure as members of the Inc. ... Pizza. , “Some of world’s greatest companies have ...
(Date:8/27/2014)... 2014 Millennium Treatment Group is proud ... Florida Mental Health Counselors Association (FMHCA). The addiction treatment ... is sure to provide. , FMHCA is an organization ... licensed mental health counselors. The organization was founded in ... (ACA) and since then, it has served the state’s ...
(Date:8/27/2014)... 2014 All Canada Goose Parkas ... go from classic to modern. With unique detailing such as ... them is a step up in opulence. Recently, the company ... Parkas for 2014. , True enough, the new ... great discounts (up to 28% off) on all these brand ...
(Date:8/27/2014)... Today, Zane Benefits, the #1 Online ... for administering a premium reimbursement plan. , According ... compliance is top of mind for employers, health insurance ... insurance and premium reimbursement, there are important compliance considerations ... minute webinar, Zane Benefits President, Rick Lindquist, will cover ...
(Date:8/27/2014)... Locating an approximate price for an insurance ... information before rates would be viewable. The Quotes Pros ... are distributed online using its policy locator at ... adult has access to review using the national finder ... for quotation distribution built in 2013 is now programmed ...
Breaking Medicine News(10 mins):Health News:Inc Magazine Unveils 33rd Annual List of America's Fastest-Growing Private Companies - the Inc. 500 2Health News:Millennium Treatment Group Sponsors Florida Mental Health Counselors Association 2Health News:CanadaGooseJackor.nu: 2014 Canada Goose Banff Parkas At Discounted Prices 2Health News:Zane Benefits Announces Upcoming Webinar on Compliance 2Health News:Life Insurance Quotes for Term Policies Now Found at Insurer Website Online 2
... 20 (HealthDay News) -- Most Americans consume too much sodium, ... the amount of dietary salt, according to a new study ... are associated with increased risk of high blood pressure, which ... In general, people aged 2 years and older should limit ...
... 20 (HealthDay News) --,Hospital programs to lessen the overuse ... costs, but too few hospitals have fully implemented such ... -- intended to prevent antibiotic resistance -- for acute ... 2007 by the Infectious Diseases Society of America (IDSA) ...
... UCLA have found a possible explanation for why autistic children ... time, they,ve shown that the connections between brain regions that ... slowly in boys with autism than in non-autistic children. ... journal Human Brain Mapping, senior author Jennifer G. ...
... at NYU Langone Medical Center today announce findings published ... that show for the first time the inhibition of ... oligonucleotides markedly suppress triglyceride levels and cause a sustained ... "The discovery of microRNAs in the last ...
... , THURSDAY, Oct. 20 (HealthDay News) -- The key ... skills and more about controlling negative emotions that make ... suggests. The study found that activation of brain ... math anxiety conquer their fears and succeed in math. ...
... Hospital of Rhode Island has been selected by the National ... Floor Disorders Network (PFDN). Women & Infants is one ... the only one in the Northeast, to work collaboratively to ... floor disorders. Co-principal investigators at Women & Infants are ...
Cached Medicine News:Health News:U.S. Diet Still Has Too Much Salt, CDC Warns 2Health News:Hospital Programs to Reduce Antibiotic Resistance Working: Studies 2Health News:Hospital Programs to Reduce Antibiotic Resistance Working: Studies 3Health News:Autistic brains develop more slowly than healthy brains UCLA researchers say 2Health News:Autistic brains develop more slowly than healthy brains UCLA researchers say 3Health News:Novel therapeutic target identified to decrease triglycerides and increase 'good' cholesterol 2Health News:Afraid to Do the Math? 2
... The BariMaxx™ is a full-featured healthcare ... environment for the care and management of ... up to 1000 lbs. ,Large patients at ... weight in excess of 1000 lbs. (including ...
... folding head end and foot end deck panels for ... and foot end deck panels folded the overall length ... compact length makes storage, delivery and pick up a ... available on Model 4748B, Basic Maxi Rest bariatric bed, ...
... Caregiver safety. Patient dignity. A single ... Bariatric Bed to provide added safety where ... is engineered to help protect the caregiver ... efficiency. The bed functions just like other ...
... 28%-100% FIO 2 1000ML 0.45% Sodium Chloride ... nebulizers provide unmatched performance and ease of use. ... adjustable from 28% to 100% FIO 2 . ... water for inhalation, USP; 0.45% sodium chloride inhalation, ...
Medicine Products: