Mettler-Toledo International Inc. (MTD) Q2 2022 Earnings Call Transcript

For the period ending June 30, 2022

July 29, 2022 7:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, and welcome to the Second Quarter 2022 Mettler-Toledo International Inc. Earnings Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Adam Uhlman. Please go ahead, sir.

Adam Uhlman - IR

Thank you, and good morning, everyone. I'm Adam Uhlman. I'm responsible for Investor Relations at Mettler-Toledo, and I'm happy to welcome all of you to this call. I am joined with Patrick Kaltenbach, our Chief Executive Officer; and Shawn Vadala, our Chief Financial Officer; and of course, Mary Finnegan with Investor Relations.

Let me cover some administrative matters. This call is being webcast and is available for replay on our website at mt.com. A copy of the press release and the presentation that we will refer to on today's call is also available on our website.

Let me summarize the safe harbor language that is outlined on Page 2 of the presentation. Statements in this presentation are not historical facts, constitute forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934. These statements involve risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different than those expressed or implied by any forward-looking statements.

For a discussion of these risks and uncertainties, please see the discussion in our most recent Form 10-K and other reports filed with the SEC from time to time. 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 Operation sections of our filings.

One other item on today's call, we may use non-GAAP financial measures. A more detailed information with respect to the use of and differences between the non-GAAP financial measures and the most directly comparable GAAP measure is provided in the 8-K. Let me now turn the call over to Patrick.

Patrick Kaltenbach - CEO

Thanks, Adam, and good morning, everyone. We appreciate you joining our call this morning, which we are doing from Switzerland. We reported strong second quarter results as our team executed very well on our growth strategies. Our culture of agility and focused execution have allowed us to capitalize on favorable market demand and navigate challenging supply chain and inflationary conditions.