Mettler-Toledo International Inc. Confirmed Foreign Currency Hedges
FOR IMMEDIATE RELEASE
METTLER-TOLEDO INTERNATIONAL INC. CONFIRMED
FOREIGN CURRENCY HEDGES
COLUMBUS, Ohio, USA - January 15, 2015 - Mettler-Toledo International Inc. (MTD) today confirmed it has foreign currency forward contracts that reduce approximately 90% of its exposure from the Swiss franc strengthening against the euro in 2015 and contracts that reduce approximately 70% of its exposure in 2016.
Additional information on the impact of changing foreign exchange rates can be found in the Company`s 10-K and periodic filings.
METTLER TOLEDO is a leading global supplier of precision instruments and services. The Company has strong leadership positions in all businesses and believes it holds global number-one market positions in a majority of them. Specifically, METTLER TOLEDO is the largest provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a leading provider in analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, METTLER TOLEDO is the largest supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. Additional information about METTLER TOLEDO can be found at www.mt.com/investors.
Contact: Mary T. Finnegan, Treasurer / Investor Relations, +1-614-438-4748
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mettler-Toledo International Inc. via GlobeNewswire
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