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

Three months ended % of Three months ended % of September 30, 2009 sales September 30, 2008 sales Net sales $435,650 (a) 100.0 $509,097 100.0 Cost of sales 210,457 48.3 260,417 51.2 ------- ---- ------- ---- Gross profit 225,193 51.7 248,680 48.8 Research and development 22,309 5.1 26,553 5.2 Selling, general and administrative 129,686 29.8 145,612 28.6 Amortization 3,237 0.7 2,728 0.5 Interest expense 6,974 1.6 6,846 1.3 Other charges (income), net 6,077 1.4 445 0.1 ----- --- --- --- Earnings before taxes 56,910 13.1 66,496 13.1 Provision for taxes 15,365 3.6 13,772 2.7 ------ --- ------ --- Net earnings $41,545 9.5 $52,724 10.4 ======= === ======= ==== Basic earnings per common share: Net earnings $1.23 $1.56 Weighted average number of common shares 33,728,931 33,856,574 Diluted earnings per common share: Net earnings $1.21 $1.52 Weighted average number of common and common equivalent shares 34,413,656 34,727,806 Note: (a) Local currency sales decreased 12% as compared to the same period in 2008. RECONCILIATION OF EARNINGS BEFORE TAXES TO ADJUSTED
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