METTLER-TOLEDO INTERNATIONAL INC. REPORTS THIRD QUARTER 2013 RESULTS - - Market Conditions Improving but Remain Challenging in China - - - - Solid Earnings Growth - - COLUMBUS, Ohio, USA

METTLER-TOLEDO INTERNATIONAL INC. REPORTS

THIRD QUARTER 2013 RESULTS

- - Market Conditions Improving but Remain Challenging in China - -

- - Solid Earnings Growth - -

COLUMBUS, Ohio, USA - November 7, 2013 - Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2013. Provided below are the highlights:

Third Quarter Results

Olivier Filliol, President and Chief Executive Officer, stated, "We saw an improvement in market conditions in Europe while customer demand in the Americas remains solid. In China, soft market demand, continued credit constraints in specific segments of our customer base and the exit of certain industrial product lines resulted in a sales decline. However, we generated good EPS growth as we benefitted from our various margin improvement and cost control initiatives. Cash flow was also very strong in the quarter."

EPS in the third quarter was $2.43, compared with the prior-year amount of $2.28. Adjusted EPS was $2.60, an increase of 8% over the prior-year amount of $2.40.

Sales were $591.7 million, a 1% increase in local currency sales, compared with $578.6 million in the prior-year quarter. Reported sales increased 2%, and included a 1% benefit due to currency in the quarter. By region, local currency sales increased 5% in the Americas and 7% in Europe and decreased 8% in Asia / Rest of World. Adjusted operating income amounted to $116.1 million, a 6% increase from the prior-year amount of $109.2 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 $122.8 million, compared with $103.9 million in the prior-year quarter.

EPS for the nine month period was $6.35, compared with the prior-year amount of $5.82. Adjusted EPS was $6.78, an increase of 10% over the prior-year amount of $6.19.

Sales for the nine months were $1.695 billion, which is consistent with prior year sales of $1.684 billion in local currency. Reported sales for the period increased 1%, which included a 1% benefit due to currency. By region, local currency sales increased 4% in the Americas and 1% in Europe and decreased 5% in Asia / Rest of World. Adjusted operating income amounted to $307.9 million, a 6% increase from the prior-year amount of $291.1 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 for the nine month period was $237.4 million, compared with $216.0 million in the prior-year period.

Cost Control Measures

As part of previously announced cost control measures, the Company recorded pre-tax restructuring charges of $5.5 million in the quarter and $13.7 million year to date.

Bill Donnelly Promoted to Executive Vice President

The Company announced the promotion of Bill Donnelly to the position of Executive Vice President. His role in Investor Relations will remain unchanged and he will continue to be responsible for Finance, Supply Chain, Information Technology and the Company's Blue Ocean initiative. The Company also announced the promotion of Shawn Vadala from Group Controller to Chief Financial Officer, reporting to Mr. Donnelly.

Filliol commented on the organizational change, "As Bill has undertaken a broader role in the organization during recent years, Shawn has assumed increasing levels of responsibility for our Finance function. Today's announcement formalizes an organizational structure that has been effectively implemented over the last several years. We are very pleased to have this team in place for the coming years."

The Company stated that there is uncertainty in demand in most of its markets, which makes forecasting difficult. Based on today's assessment, management anticipates that local currency sales growth in the fourth quarter will be in the range of 2% to 3% and Adjusted EPS in the range of $3.70 to $3.75, an increase of 7% to 8%.

For the full year 2013, local currency sales growth is expected to be approximately 1% and Adjusted EPS in the range of $10.45 to $10.50, an increase of 8% to 9%.

The Company stated that based on its assessment of market conditions today, management anticipates local currency sales growth in 2014 will be in the range of 3% to 4%. This sales growth will result in Adjusted EPS in the range of $11.35 to $11.55. Using the midpoint of the 2013 Adjusted EPS range, this reflects 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 expect market conditions to continue to improve but are cautious on our outlook for next year. In China, we expect market conditions to remain challenging in the coming quarters but are well positioned in this important market for the long term. Globally, we see growth emerging in selected segments and geographies and we are investing to capture these opportunities. In addition, we continue to focus on our margin enhancement programs in pricing, supply chain and in various cost management areas. As a result of these actions, we believe we can generate good earnings growth in 2014. Execution of our strategic initiatives will continue to be a key factor in generating strong and sustainable earnings growth."

The Company will host a conference call to discuss its quarterly results today (Thursday, November 7) 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.