Mettler-Toledo raises annual profit forecast on strong demand for lab instruments
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Mettler-Toledo International raised its annual profit forecast due to strong demand for laboratory instruments, particularly in drug development. The company now expects 2025 adjusted profit between $42.10 and $42.60 per share, up from $41.25 to $42. Analysts had anticipated $41.60. Despite challenges from shipping delays and tariffs, Mettler-Toledo reported second-quarter sales of $983.22 million, exceeding estimates, and an adjusted profit of $10.09 per share, surpassing expectations of $9.61.
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