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

OPERATING INCOME Three months ended % of Three months ended % of September 30, 2009 sales September 30, 2008 sales Earnings before taxes $56,910 $66,496 Amortization 3,237 2,728 Interest expense 6,974 6,846 Other charges (income), net 6,077 (b) 445 ----- --- Adjusted operating income $73,198 (c) 16.8 $76,515 15.0 ======= ======= Notes: (b) Includes a restructuring charge of $6.1 million which primarily represents severance and lease termination costs during the three months ended September 30, 2009. (c) Adjusted operating income decreased 4% as compared to the same period in 2008. METTLER-TOLEDO INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands except share data) (unaudited) Nine months ended % of Nine months ended % of September 30, 2009 sales September 30, 2008 sales Net sales $1,217,171 (a) 100.0 $1,463,657 100.0 Cost of sales 597,822 49.1 734,814 50.2 ------- ---- ------- ---- Gross profit 619,349 50.9 728,843 49.8 Research and development 65,954 5.4 77,511 5.3 Selling, general and administrative 366,209 30.1 441,311 30.1 Amortization 8,734
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SOURCE Mettler-Toledo International Inc.
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