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  "docSlug": "954987ce0454",
  "documentTitle": "Mettler-Toledo International, Inc. (MTD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-24 00:00:00",
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  "pageNumber": 14,
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  "notes": "The slide uses a 'Source' vs 'Evidence' table structure to build a cumulative case for a bearish thesis.",
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      "text": "Beyond more aggressive accounting and tax measures observed in Mettler’s financials, there is tangible evidence of a significant deceleration of financial performance coming.",
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      "kind": "paragraph",
      "text": "Beyond more aggressive accounting and tax measures observed in Mettler’s financials, there is tangible evidence of a significant deceleration of financial performance coming. This is irreconcilable to the fact that its share valuation is at an all-time high.",
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      "text": "But I think there's maybe two points to mention. One is comparisons. You know we get into some much more difficult comparisons especially in a multi-year stack basis, I mean if you start to think about multi-year stacks Q2, Q3 they get a little bit more difficult and then even just a one year stack you know the fourth quarter of last year we grew organically by 8%, that's going to be a more difficult comparison for us — CFO At Conference, May 2019",
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      "text": "Evidence Points To Looming Slowdown",
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