Mettler-Toledo International, Inc.

Good afternoon. My name is Audra and I will be your conference operator today. At this time, I would like to welcome everyone to the Mettler Toledo third quarter 2022 earnings call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star key followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. At this time, I would like to turn the conference over to Adam Ullman at Investor Relations. Please go ahead.

Thanks, Audra, and good evening, everyone. I'm Adam Ullman. I'm responsible for Investor Relations at Mettler Toledo, and I'm happy to welcome you all to this call. I'm joined with Patrick Kaltenbach, our CEO, and Sean Vidala, our CFO, and Mary Finnegan. Let me cover some administrative matters. This call is being webcast and available for replay on our website, A copy of the press release and the presentation that we will refer to on today's call is also available on our website. This call will include forward-looking statements within the meeting of the U.S. Securities Act of 1993 and the U.S. Securities Exchange Act of 1934. These statements involve risks, uncertainties, and other factors that may cause our actual results, financial condition, performance, and achievements to be materially different from those expressed or implied by any forward-looking statements. For discussion of these risks and uncertainties, see our recent annual report on Form 10-K and quarterly and current reports filed with the SEC. The company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement except as required by law. On today's call, we may use non-GAAP financial measures. A reconciliation to these non-GAAP financial measures to the most directly comparable GAAP measures is provided in the 8 and available on our website. Let me now turn the call over to Patrick.

Thanks, Adam, and good evening, everyone. We appreciate you joining our call. I am pleased to report another quarter of strong results as our sophisticated sales and marketing programs, our innovative product portfolio, and our supply chain agility continue to be strong competitive advantages. The highlights of our third quarter performance are detailed on page three of the presentation. Local currency sales in the quarter increased 10% as compared to the prior year, with particular strong results in the Americas and in China. We had very good growth in our laboratory and core industrial businesses. Our robust sales growth and effective execution of our margin initiatives resulted in very good growth in adjusted operating profit and adjusted earnings growth, despite significant foreign exchange headwinds. As we look towards the remainder of the year and on to 2023, forecasting remains challenging and we acknowledge there is greater uncertainty in the macroeconomic environment. These uncertainties will require us to remain agile and focus on factors we can control, namely leveraging our strong strategic programs to identify and target profitable growth opportunities. We continue to strengthen our market position and benefit from the strong execution of our growth initiatives, as well as favorable market trends such as automation and digitalization. Based on market conditions today, we believe we will generate good sales growth for the remainder of the year and in 2023. Continued execution of our margin and productivity initiatives will support strong financial results. 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?