Mettler-Toledo International, Inc.

First Quarter Performance: Mettler-Toledo reported sales of $884 million for Q1 2025, reflecting a 3% decline in local currency. However, excluding the recovery of shipping delays from the previous year, local currency sales grew by 3%. Adjusted EPS was $8.19, representing an 8% decrease year-over-year.

Challenges from Tariffs and Trade Disputes: The company anticipates annual incremental global tariff costs of approximately $115 million, primarily driven by U.S. import tariffs and trade tensions, particularly affecting their operations in China. This has created increased uncertainty in customer demand and may negatively impact gross margins in the short term, especially in Q2.

Guidance for Q2 and Full Year 2025: For Q2 2025, the company expects local currency sales growth to range from 0% to 1% and adjusted EPS between $9.45 and $9.70, indicating flat to slight growth versus the previous year. For the full year, sales growth is projected at 1% to 2%, with adjusted EPS forecasted between $41.25 and $42, down from prior guidance of $42.35 to $43.