Mettler-Toledo International, Inc.

and welcome to the second quarter 2022 Mettler Toledo International Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Adam Altman. Please go ahead, sir.

Thank you, and good morning, everyone. I'm Adam Altman. 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 Vidala, 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 two 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 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. 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 8K. Let me now turn the call over to Patrick.

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. The highlights of our second quarter performance are detailed on page three of the presentation. Local currency sales in the quarter increased 10% as compared to the prior year. We had very strong growth in our laboratory and core industrial business, and we are particularly pleased with the very good growth in China. Excellent sales growth combined with good margin improvement drove very strong growth in adjusted EPS despite adverse foreign currency. We feel positive about our outlook for Q3 and for the full year, and we recognize our agility and resilience will be pivotal to navigate market conditions. Later, I will have some additional comments on our business, but let me now turn it to Sean to cover the financials and guidance. Sean?