Now turning to Slide 7 of the presentation, we show the P&L. Let me walk you through the key items. Gross margins, profit margins were 53.4% in the quarter, consistent with the prior year. We benefited from pricing in the quarter; however, offsetting this was higher raw material cost and currency headwinds.
Mettler-Toledo International's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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