METTLER-TOLEDO INTERNATIONAL INC. REPORTS SECOND QUARTER 2014 RESULTS - - Solid Earnings Growth Despite Currency Headwinds - - COLUMBUS, Ohio, USA

METTLER-TOLEDO INTERNATIONAL INC. REPORTS

SECOND QUARTER 2014 RESULTS

- - Solid Earnings Growth Despite Currency Headwinds - -

COLUMBUS, Ohio, USA - July 24, 2014 - Mettler-Toledo International Inc. (NYSE: MTD) today announced second quarter results for 2014. Provided below are the highlights:

Second Quarter Results

Olivier Filliol, President and Chief Executive Officer, stated, "Market conditions were good in the Americas and solid in Europe, and we are benefitting from our growth strategies. China's market conditions continued to stabilize, which contributed to improved growth in Asia / Rest of the World in the quarter. Despite currency headwinds, we generated solid EPS growth as we continue to benefit from our various margin and cost control initiatives."

EPS in the quarter was $2.49, compared with the prior-year amount of $2.24. Adjusted EPS was $2.57, an increase of 9% over the prior-year amount of $2.35.

Sales were $608.8 million, a 4% increase in local currency sales, compared with $578.7 million in the prior-year quarter. Reported sales increased 5%, and included a 1% benefit from currency in the quarter. By region, local currency sales increased 3% in Europe, 5% in the Americas and 3% in Asia / Rest of World as compared to the prior year. Adjusted operating income amounted to $112.9 million, a 6% increase from the prior-year amount of $106.4 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 $108.1 million, compared with $91.0 million in the prior-year quarter.

EPS for the six months was $4.41, compared with the prior-year amount of $3.93. Adjusted EPS was $4.56, an increase of 9% over the prior-year amount of $4.19.

Sales for the first six months were $1.159 billion, a 4% increase in local currency sales, compared with $1.103 billion in the prior-year period. Reported sales increased 5%, and included a 1% benefit from currency. By region, local currency sales increased 6% in Europe, 4% in the Americas and 2% in Asia / Rest of World as compared to the prior year. Adjusted operating income amounted to $203.9 million, a 6% increase from the prior-year amount of $191.8 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 $151.0 million, compared with $114.6 million in the prior-year period.

The Company updated its outlook for 2014 and noted that uncertainty in demand in some markets makes forecasting challenging. Based on today's assessment, management anticipates that local currency sales growth in 2014 will be approximately 4% and Adjusted EPS will be in the range of $11.45 to $11.60, an increase of 8% to 10%. This guidance remains the same as the Company's previously provided guidance.

The Company stated that based on its assessment of market conditions today, management anticipates local currency sales growth in the third quarter of 2014 will be approximately 4%. This sales growth will result in Adjusted EPS in the range of $2.82 to $2.87, an increase of 8% to 10%.

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 remain cautiously optimistic that market conditions will remain favorable. We expect to benefit from relatively easier comparisons in China in the second half of the year, but will face more difficult comparisons in Europe. Globally, we are seeking growth opportunities by leveraging existing field resources and making selected additions to capitalize on penetration opportunities. We will also continue to benefit from our strong sales and marketing programs and excellent pipeline of new products. As always, we remain focused on execution and are convinced we can continue to gain market share."

The Company will host a conference call to discuss its quarterly results today (Thursday July 24) 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.