Mettler-Toledo International (NYSE: MTD) reported first-quarter 2026 sales of $947 million, representing a 3% increase in local currency and a 7% rise in reported U.S. dollars. Adjusted earnings per share rose 9% to $8.91, while adjusted operating profit reached $246 million, up 4% from the previous year. The company attributed its performance to solid execution and successful margin initiatives, despite increased macroeconomic uncertainty.
Geographically, local currency sales grew 2% in the Americas, 1% in Europe, and 5% in Asia. Notably, sales in China rose 4%. Mettler-Toledo maintained its full-year local currency sales growth forecast at approximately 4% and raised its adjusted EPS outlook to between $46.30 and $46.95, marking an expected growth of 8% to 10% for the year. The adjusted free cash flow was recorded at $120 million, impacted by higher tax payments.
Overall, the company highlighted ongoing strengths in product inspection and service revenue growth, with the latter increasing by 7%. Mettler-Toledo continues to focus on automation, digitalization, and biopharma opportunities for future growth.
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