Mettler-Toledo International Reports Higher Adjusted Profit for Q1 of 2024
Friday, 10 May 2024, 13:30
Earnings Details:
Quarterly Performance:
- Q1 Adjusted Earnings: Increased by 2% to $8.89 per share
- Reported Basis: Net earnings per share were $8.24 in Q1
In the first quarter of 2024, net sales remained at $925.9 million with noteworthy variations in different geographies. While Europe and the Americas saw growth, sales in Asia/Rest of the World declined by 12%. Full-year forecasts depict a positive outlook with expected sales and adjusted earnings expansions.
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