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METTLER TOLEDO Mettler - Toledo International Inc. Reports Second Quarter 2021 Results July 29 , 2021 COLUMBUS , Ohio , July 29 , 2021 / PRNewswire / -- Mettler - Toledo International Inc. ( NYSE : MTD ) today announced second quarter results for 2021 . Provided below are the highlights : • Reported sales increased 34 % compared with the prior year . In local currency , sales increased 27 % in the quarter as currency benefited reported sales growth by 7 % . • Net earnings per diluted share as reported ( EPS ) were $ 7.85 , compared with $ 5.22 in the prior - year period . Adjusted EPS was $ 8.10 , an increase of 53 % over the prior - year amount of $ 5.29 . Adjusted EPS is a non - GAAP measure , and a reconciliation to EPS is included on the last page of the attached schedules . Second Quarter Results Patrick Kaltenbach , President and Chief Executive Officer , stated , " We had another quarter of excellent sales growth with very strong broad - based growth in all regions and most product lines . Customer demand was robust and we were ideally positioned to capitalize on the growth opportunities in our end markets . Exceptional sales growth and continued focused execution of our margin initiatives drove excellent growth in Adjusted Operating Profit , Adjusted EPS and cash flow generation . " GAAP Results EPS in the quarter was $ 7.85 , compared with the prior - year amount of $ 5.22 . Compared with the prior year , total reported sales increased 34 % to $ 924.4 million . By region , reported sales increased 31 % in the Americas , 34 % in Europe and 37 % in Asia / Rest of World . Earnings before taxes amounted to $ 230.4 million , compared with $ 155.3 million in the prior year . Non - GAAP Results Adjusted EPS was $ 8.10 , an increase of 53 % over the prior - year amount of $ 5.29 . Compared with the prior year , total sales in local currency increased 27 % as currency benefited sales growth by 7 % . By region , local currency sales increased 29 % in the Americas , 23 % in Europe and 28 % in Asia / Rest of World . Adjusted Operating Profit amounted to $ 255.3 million , a 45 % increase from the prior - year amount of $ 176.6 million . Adjusted EPS and Adjusted Operating Profit are non - GAAP measures . Reconciliations to the most comparable GAAP measures are provided in the attached schedules . Six Month Results GAAP Results EPS was $ 14.17 , compared with the prior - year amount of $ 9.25 . Compared with the prior year , total reported sales increased 29 % to $ 1.729 billion . By region , reported sales increased 23 % in the Americas , 29 % in Europe and 37 % in Asia / Rest of World . Earnings before taxes amounted to $ 415.8 million , compared with $ 273.8 million in the prior year . Non - GAAP Results Adjusted EPS was $ 14.66 , an increase of 58 % over the prior - year amount of $ 9.28 . Compared with the prior year , total sales in local currency increased 23 % as currency benefited sales growth by 6 % . By region , local currency sales increased 22 % in the Americas , 18 % in Europe and 28 % in Asia / Rest of World . Adjusted Operating Profit amounted to $ 465.9 million , a 47 % increase from the prior - year amount of $ 317.9 million . Adjusted EPS and Adjusted Operating Profit are non - GAAP measures . Reconciliations to the most comparable GAAP measures are provided in the attached schedules . Outlook The Company stated that forecasting continues to be challenging . Management cautions that market conditions are dynamic and changes to the business environment can happen quickly . Uncertainty remains surrounding the impact of COVID - 19 and the challenges in the global supply chain on the economic environment . The estimates include uncertainty and management acknowledges that market conditions are subject to change . Based on today's assessment of market conditions , management anticipates local currency sales growth in 2021 will be approximately 15 % , and Adjusted EPS is forecasted to be in the range of $ 32.60 to $ 32.90 , an increase of 27 % to 28 % . This compares with previous guidance of Adjusted EPS in the range of $ 31.45 to $ 31.90 . For the third quarter of 2021 , based on current market conditions , the Company anticipates that local currency sales growth will be in the range of 11 % to 13 % , and Adjusted EPS is forecasted to be $ 8.12 to $ 8.27 , a growth rate of 16 % to 18 % .