The company said reported sales declined 4% to $946.8 million in Q2 compared with the prior year. In local currency, sales decreased 2%. By region, reported sales increased 5% in Europe and 2% in the Americas, and declined 16% in Asia/Rest of World.

1. 01

   The company said reported sales declined 4% to $946.8 million in Q2 compared with the prior year. In local currency, sales decreased 2%. By region, reported sales increased 5% in Europe and 2% in the Americas, and declined 16% in Asia/Rest of World.

2. 02

   Mettler-Toledo said diluted EPS for Q2 was $10.37, compared with $9.69 in the prior-year period, and included a one-time non-cash tax benefit of $1.07 per share. It said Adjusted EPS was $9.65, a decrease of 5% from the prior-year amount of $10.19.

3. 03

   The company reported net cash provided by operating activities of $257,506 thousand for the three months ended June 30, 2024 (Q2 2024). Adjusted free cash flow was $251,053 thousand, and repurchases of common stock were $212,499 thousand in the same quarter.

4. 04

   The company said it expects full-year 2024 Adjusted EPS of $40.20 to $40.50 and local currency sales growth of approximately 2%. Its previous Adjusted EPS outlook was $39.90 to $40.40, and it gave Adjusted EPS guidance of $9.90 to $10.05 for Q3.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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