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Sensient Technologies Corporation (SXT) is a global leader in innovating and delivering specialized ingredients aimed at enhancing sensory experiences. The company is renowned for its development, manufacturing, and marketing of colors, flavors, and fragrances using advanced proprietary technologies. These innovations support a wide range of industries, including food and beverage, pharmaceuticals, cosmetics, personal care, and specialized inks.
Sensient’s core business revolves around the production of customized solutions. These include food and beverage systems, pharmaceutical colors and coatings, cosmetic formulations, inkjet and specialty inks, and other fine chemicals. Their proprietary technologies enable the creation of a broad spectrum of innovative products, providing significant competitive advantages to their clients.
With a presence in multiple facilities worldwide, Sensient’s extensive network underpins their ability to serve some of the world’s best-known consumer and industrial companies. The company’s offerings span across three primary segments: the Flavors & Extracts Group, the Color Group, and the Asia Pacific Group. This diverse portfolio ensures that Sensient stays at the forefront of innovation, continuously delivering cutting-edge solutions that help extend existing brands and develop new products.
Sensient is committed to continuous improvement and innovation, aiming to meet the ever-evolving demands of their clients. Their notable recent achievements and ongoing projects reflect their mission to bring life to products and enhance sensory experiences globally. Whether through customized food and beverage systems or advanced cosmetic formulations, Sensient’s contributions are pivotal to many everyday products encountered by consumers worldwide.
For the latest updates, financial performance, and developments related to Sensient Technologies Corporation, stay tuned to this page.
Sensient Technologies Corporation (NYSE: SXT) will hold a conference call on April 28, 2023, at 8:30 a.m. CDT to discuss its 2023 first quarter results. Interested participants can join by calling Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, or via the webcast link on the company’s website. A replay will be available after the call until May 5, 2023, by calling (877) 344-7529 with access code 5575502. Sensient is a global leader in manufacturing colors, flavors, and specialty ingredients, serving sectors such as food, beverage, pharmaceutical, nutraceutical, and personal care industries. The company operates with advanced technologies and global supply chain capabilities, catering to a diverse clientele ranging from small businesses to large international manufacturers.
Sensient Technologies Corporation (NYSE: SXT) reported a 4.1% increase in consolidated revenue for 2022, totaling $348.7 million in Q4. Operating income rose 15.7% year-over-year, reaching $41.2 million in Q4 2022. The diluted earnings per share increased to 69 cents from 65 cents in Q4 2021. Despite foreign currency translation impacting revenues negatively by approximately 3%, the company received $1.9 million from an earnout related to a divestiture, bolstering net earnings. Looking ahead, Sensient anticipates flat to low-single digit growth in earnings per share for 2023, with revenue expected to grow at a mid-single digit rate.
Sensient Technologies Corporation (NYSE: SXT) announced a conference call to discuss its fourth quarter and year-end results for 2022, scheduled for 8:30 a.m. CST on February 10, 2023. Interested participants can join by calling Chorus Call Inc. at (844) 492-3726 or via a webcast accessible on the company's Investor Information section at www.sensient.com. A replay of the call will be available after the event until February 17, 2023. Sensient is recognized as a global leader in manufacturing and marketing colors, flavors, and specialty ingredients for various industries, including food, pharmaceuticals, and personal care.
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of
Sensient Technologies Corporation (NYSE: SXT) announced the retirement of Dr. Elaine R. Wedral from its Board of Directors, effective after the 2023 annual meeting. Kathleen Da Cunha has been nominated to fill this position. Dr. Wedral has been instrumental since 2006, particularly in her role as Chair of the Scientific Advisory Committee. Da Cunha, with substantial experience in the food and beverage sector, currently serves as Senior Vice President at Ruiz Foods. The company anticipates her contributions will strengthen the Board.
Sensient Technologies Corporation (NYSE: SXT) reported third-quarter 2022 revenue of $361.1 million, up from $344.3 million year-over-year. Operating income increased to $47.5 million from $47.0 million. Diluted earnings per share rose to 85 cents compared to 80 cents in the prior year. Adjusted local currency revenue growth was strong across segments, with Colors up 14.6%. However, foreign currency translation negatively impacted revenue and earnings. Sensient maintains a 2022 outlook for high-single-digit revenue growth and high-teen growth in earnings per share.
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a quarterly cash dividend of $0.41 per share. This dividend will be paid on December 1, 2022, to shareholders on record as of November 7, 2022.
Sensient is a global leader in manufacturing colors, flavors, and specialty ingredients for diverse sectors including food, pharmaceuticals, and cosmetics. The company leverages advanced technologies and a robust supply chain to serve both small businesses and large international brands.
Sensient Technologies Corporation (NYSE: SXT) will hold its third quarter 2022 results conference call on October 21, 2022, at 8:30 a.m. CDT. Participants can join by calling Chorus Call Inc. at (844) 492-3726 or (412) 317-1078. A webcast will also be available on the company’s website. A replay of the call will be accessible until October 28, 2022, via phone or through the company’s Investor Information section online after October 25, 2022.
Sensient is a global leader in manufacturing colors, flavors, and specialty ingredients, serving various industries.
Sensient Technologies Corporation (NYSE: SXT) has announced its acquisition of Endemix Doğal Maddeler A.Ş., a natural colors and extracts company based in Turkey. This strategic acquisition aims to enhance Sensient's vertical integration in natural colors and increase its extraction and refining capabilities. CEO Paul Manning emphasized the importance of this move in strengthening Sensient's natural color solutions portfolio and positioning the company closer to key botanical growing areas, supporting customer demands for healthier products.
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