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Demand Weakness Easing Soon, and Product and Pricing Strategies Well-Placed for Maintained Growth
Mettler-Toledo is the global market leader in laboratory and industrial scales and balances and holds a leading position in product inspection. Apart from its majority share in laboratory balances, the company operates in competitive markets and holds an average share of about 25% across most product lines. While the competitive nature of these markets makes incremental share gains somewhat difficult, Mettler's intense focus on internal sales and marketing initiatives combined with its ongoing efficiency programs have helped the company defy trends in its relatively slow-growing end markets.