Mettler-Toledo Raises 2026 EPS View to $47.50, Plans $875 Million Buyback

1 articles · Updated · Yahoo Finance · Jul 31

$47.15-$47.50 in adjusted EPS is Mettler-Toledo’s new 2026 target, alongside 4%-5% local-currency sales growth and an $875 million share repurchase plan after a stronger-than-expected second quarter.
Q2 sales rose 7% to $1 billion and adjusted EPS climbed 14% to $11.46, with China and emerging markets, Laboratory and Industrial demand, and the Spinnaker sales program driving the beat.
Adjusted operating margin widened 50 basis points to 29.3% as pricing, productivity and cost savings offset mixed conditions, while free cash flow is expected to reach about $900 million this year.
China and Asia/rest of world each posted 9% organic growth, versus 4% in Europe and 1% in the Americas, underscoring how much the improved outlook depends on stronger overseas demand.