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

0.7 7,800 0.5 Interest expense 18,975 1.6 18,723 1.3 Other charges (income), net 29,547 2.4 2,620 0.2 ------ --- ----- --- Earnings before taxes 129,930 10.7 180,878 12.4 Provision for taxes 26,775 2.2 41,024 2.8 ------ --- ------ --- Net earnings $103,155 8.5 $139,854 9.6 ======== === ======== === Basic earnings per common share: Net earnings $3.06 $4.06 Weighted average number of common shares 33,683,443 34,482,431 Diluted earnings per common share: Net earnings $3.02 $3.96 Weighted average number of common and common equivalent shares 34,200,834 35,347,440 Note: (a) Local currency sales decreased 12% as compared to the same period in 2008. RECONCILIATION OF EARNINGS BEFORE TAXES TO ADJUSTED OPERATING INCOME Nine months ended % of Nine months ended % of September 30, 2009 sales September 30, 2008 sales Earnings before taxes $129,930 $180,878 Amortization 8,734 7,800 Interest expense 18,975 (b) 18,723 Other charges (income), net 29,547 (c) 2,620 ------ ----- Adjusted operating income $187,186 (d) 15.4 $210,021 14.3 ========
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SOURCE Mettler-Toledo International Inc.
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