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Free Historical Stock Data on Mettler-Toledo International
Stock Symbol: MTD
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Business Description
Mettler-Toledo International Inc. is a global supplier of precision instruments and services. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, food retailing applications and several related analytical instruments. It also provides automated chemistry solutions used in drug and chemical compound discovery and development. In addition, it manufactures metal detection and other end-of-line inspection systems used in production and packaging, and provides solutions for use in certain process analytics applications. The Company's customers are in the life science industry, pharmaceutical and biotech companies and independent research organizations; food producers, food retailers, the beverage industry, specialty chemicals and cosmetics companies, and the transportation and logistics industry, the metals industry, the electronics industry and the academic market.
Financial Information
For the nine months ended 9/30/04, net sales increased 8% to $1.01 billion. Net income increased 14% to $71.7 million. Revenues reflect an increase in sales in Asia in local currencies. Earnings benefited from an increase in operating margin and a decrease in interest expense.
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