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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 reported a 10.7% increase in consolidated revenue for Q2 2022, reaching $371.7 million, compared to $335.8 million in Q2 2021. Operating income rose to $55.2 million from $35.8 million. Diluted earnings per share (EPS) also increased to 92 cents from 61 cents. Revenue was hindered by 3% foreign currency translation impact. The Flavors & Extracts segment had a 5.5% growth, while the Color Group increased 17.3%. Sensient's 2022 outlook remains positive, with anticipated EPS growth and high single-digit revenue growth in local currency.
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of
Sensient Technologies Corporation (NYSE: SXT) announces its conference call scheduled for 8:30 a.m. CDT on July 22, 2022, to discuss the 2022 second quarter results. Participants can join via phone at (844) 492-3726 or through a webcast on the company's website. A replay will be available until July 29, 2022. Sensient is a global leader in manufacturing and marketing colors, flavors, and specialty ingredients for various industries including food, pharmaceuticals, and cosmetics, and is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (NYSE: SXT) announced its first quarter 2022 results, reporting consolidated revenue of $355.5 million, a slight decline from $359.7 million in the same period last year. Operating income rose to $52.8 million, compared to $46.9 million in Q1 2021, and diluted earnings per share increased from 75 cents to 88 cents. Despite foreign currency headwinds impacting revenue by 2%, the company raised its full-year guidance for diluted earnings per share and revenue growth based on strong performance and favorable pricing adjustments.
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of $0.41 per share, set to be paid on June 1, 2022. Shareholders on record by May 9, 2022 will receive the dividend. Sensient is a global leader in manufacturing and marketing colors, flavors, and specialty ingredients, serving various industries including food, beverage, pharmaceuticals, and cosmetics.
Sensient Technologies Corporation (NYSE: SXT) will hold a conference call on April 29, 2022, at 8:30 a.m. CDT to discuss its Q1 2022 results. Interested participants can join by calling Chorus Call Inc. at (844) 492-3726 or via the webcast link available on Sensient's Investor Information webpage. A replay will be accessible within an hour after the call until May 6, 2022. Sensient Technologies, based in Milwaukee, is a global leader in manufacturing colors, flavors, and specialty ingredients for various industries including food, pharmaceuticals, and cosmetics.
Sensient Technologies Corporation (NYSE: SXT) reported a consolidated revenue of $340.4 million for Q4 2021, marking a 1.7% increase compared to Q4 2020. The company achieved a diluted earnings per share of 65 cents, up from 59 cents in the previous year. The Flavors & Extracts Group saw a 6.1% revenue decrease primarily due to divesting Fragrances, whereas Color and Asia Pacific groups reported double-digit revenue and profit growth. For 2022, Sensient anticipates mid-teen growth in GAAP diluted EPS and mid-single-digit growth in local currency revenue.
Sensient Technologies Corporation (NYSE: SXT) is set to hold its fourth quarter and year-end results conference call on February 11, 2022, at 8:30 a.m. CST. Interested participants can join by calling (844) 492-3726 or (412) 317-1078, or by accessing the webcast via the company's website. A replay of the call will be available after its conclusion until February 18, 2022. Sensient, based in Milwaukee, Wisconsin, specializes in colors, flavors, and specialty ingredients across various industries, serving both small businesses and large manufacturers.
Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend of
Sensient Technologies reported consolidated revenue of $344.3 million in Q3 2021, a 6.4% increase from Q3 2020. Operating income rose to $47.0 million, up from $41.2 million year-over-year. Diluted EPS increased to 80 cents. The Flavors & Extracts segment saw a 0.7% revenue decline, while Color reported a remarkable 19.6% growth. The company reaffirmed its guidance for a mid-to-high single-digit growth in GAAP EPS for 2021. Adjusted local currency revenue is anticipated to grow at a high single-digit rate.
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