Adjusted EPS excludes purchased intangible amortization, discrete tax items, restructuring charges and other one-time items. While the Company has provided an outlook for Adjusted EPS, it has not provided an outlook for EPS. EPS guidance would require an estimate of non-recurring items for 2009, which are not yet known.
Filliol concluded, "We have executed the necessary cost reduction measures and believe our cost structure is well aligned for the remainder of this year and into 2010. Our new product pipeline remains strong, and our sales and marketing programs are focused on capturing growth. Our strong leadership positions, track record for execution and our ability to continue to invest for growth during this difficult environment strongly position us to capture growth and gain market share. We remain convinced we will emerge from this downturn in a stronger competitive position."
The Company will host a conference call to discuss its third quarter results today (Thursday, October 29) at 5:00 p.m. Eastern Time. To hear a live webcast or replay of the call, visit the investor relations page on the Company's website at www.mt.com/investors. The presentation referenced in the conference call will be located on the website prior to the call.
METTLER TOLEDO is a leading global supplier of precision instruments and services. The Company is the world's largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. The Company also holds top-three market positions in several related analytical instruments and is a leading provider of automated chemistry systems used in drug and chemical compound discovery and development. In addition, the Company is the world's largest supplier of metal detection and other end-o
|SOURCE Mettler-Toledo International Inc.|
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