METTLER-TOLEDO INTERNATIONAL INC. REPORTS FOURTH QUARTER 2014 RESULTS - - Solid Sales and Earnings Growth - - - - Excellent Cash Flow Generation - - COLUMBUS, Ohio, USA

METTLER-TOLEDO INTERNATIONAL INC. REPORTS

FOURTH QUARTER 2014 RESULTS

- - Solid Sales and Earnings Growth - -

- - Excellent Cash Flow Generation - -

COLUMBUS, Ohio, USA - February 5, 2015 - Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2014. Provided below are the highlights:

Fourth Quarter Results

Olivier Filliol, President and Chief Executive Officer, stated, "We ended the year with very solid broad-based sales growth in the fourth quarter. Growth in Europe exceeded expectations and I am pleased with our continued strong execution in this region. We also continue to perform well in the Americas where market conditions remain favorable. We had solid results in Asia / Rest of World and China's sales met expectations although weakness in certain industrial end markets continues to limit its growth. EPS growth was good as we continue to benefit from our ongoing margin enhancement and cost control initiatives. Finally, we had excellent cash flow generation in the quarter and for the full year."

EPS in the quarter was $4.17, compared with the prior-year amount of $3.63. Adjusted EPS was $4.24, an increase of 11% over the prior-year amount of $3.82.

Sales were $697.4 million, a 6% increase in local currency sales, compared with $684.3 million in the prior-year quarter. Reported sales increased 2% as currency reduced sales growth by 4% in the quarter. By region, local currency sales increased 6% in both Europe and the Americas and 5% in Asia / Rest of World as compared to the prior year. Adjusted operating income amounted to $176.3 million, a 7% increase from the prior-year amount of $165.0 million. Adjusted operating income is a non-GAAP measure, and a reconciliation to earnings before taxes is provided in the attached schedules.

Cash flow from operations was $140.7 million, compared with $108.5 million in the prior-year quarter.

EPS in 2014 was $11.44, compared with the prior-year amount of $9.96. Adjusted EPS was $11.72, an increase of 11% over the prior-year amount of $10.58.

Sales were $2.486 billion, a 5% increase in local currency sales, compared with $2.379 billion in the prior-year period. Reported sales increased 4% as currency reduced sales growth by 1% for the full year. By region, local currency sales increased 5% in Europe, 6% in the Americas and 4% in Asia / Rest of World as compared to the prior year. Adjusted operating income amounted to $506.9 million, a 7% increase from the prior-year amount of $472.9 million. Adjusted operating income is a non-GAAP measure, and a reconciliation to earnings before taxes is provided in the attached schedules.

Cash flow from operations was $418.9 million, compared with $345.9 million in the prior-year period.

The Company updated its outlook for 2015 and noted that forecasting remains challenging due to continued uncertainty in demand in some markets and greater volatility in foreign exchange rates. Based on today's assessment, management anticipates that local currency sales growth in 2015 will be in the range of 4% to 5% and Adjusted EPS in the range of $12.70 to $12.90, an increase of 8% to 10%.

The Company said that based on its assessment of market conditions today, management anticipates local currency sales growth in the first quarter of 2015 will be in the range of 4% to 5%. This sales growth is expected to result in Adjusted EPS in the range of $2.13 to $2.18, an increase of 7% to 9%.

The Company also stated that the above guidance reflects the estimated impact of recent changes in foreign exchange rates. Specifically, assuming foreign exchange rates remain constant at current levels, the Company estimates that Adjusted EPS growth is reduced by approximately 4% for the full year 2015 and by approximately 5% in the first quarter 2015 as compared to the foreign exchange rate environment that was in place last year. This reduction in earnings growth includes the impact of previously-disclosed Swiss Franc / Euro foreign currency forward contracts.

Adjusted EPS excludes purchased intangible amortization, discrete tax items, restructuring charges and other one-time items. While the Company has provided an outlook for Adjusted EPS, it has not provided an outlook for EPS as it would require an estimate of non-recurring items, which are not yet known.

Filliol concluded, "We are pleased with the continued strong execution by our teams around the globe. Our Company is well positioned for continued market share gains as we leverage increased investment in front end resources and our strong product pipeline. We also remain focused on our margin enhancement initiatives and cash flow generation. While we remain cautious on the global economy, we believe we can generate above market growth in 2015 and beyond."

The Company will host a conference call to discuss its quarterly results today (Thursday February 5) at 5:00 p.m. Eastern Time. To hear a live webcast or replay of the call, visit the investor relations page on the Company's website at www.mt.com/investors. The presentation referenced in the conference call will be located on the website prior to the call.

METTLER TOLEDO is a leading global supplier of precision instruments and services. The Company has strong leadership positions in all businesses and believes it holds global number-one market positions in a majority of them. Specifically, METTLER TOLEDO is the largest provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a leading provider in analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, METTLER TOLEDO is the largest supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. Additional information about METTLER TOLEDO can be found at www.mt.com/investors.

Statements in this press release which are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our businesses' actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or "continue" or the negative of those terms or other comparable terminology. For a discussion of these risks and uncertainties, please see the discussion on forward-looking statements in our current report on Form 8-K to which this release has been furnished as an exhibit. All of the forward-looking statements are qualified in their entirety by reference to the factors discussed under the captions "Factors affecting our future operating results" and in the "Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our annual report on Form 10-K for the most recently completed fiscal year, which describe risks and factors that could cause results to differ materially from those projected in those forward-looking statements.