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Mettler-Toledo International Inc. Reports Fourth Quarter 2020 Results


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COLUMBUS, Ohio, Feb. 4, 2021 /PRNewswire/  Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2020.  Provided below are the highlights:
Reported sales increased 11% compared with the prior year. In local currency, sales increased 7% in the quarter as currency benefited reported sales growth by 4%
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Net earnings per diluted share as reported (EPS) were $9.03, compared with $7.84 in the prior-year period. Adjusted EPS was $9.26
, an increase of 19% over the prior-year amount of $7.78. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last page of the attached schedules.
Quarterly Results
Olivier Filliol, President and Chief Executive Officer, stated, We ended the year with very good sales growth in all regions, with particularly strong growth in our Laboratory business and in China. We benefited from strong execution and were well positio ....

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