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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 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.
Sensient Technologies Corporation (NYSE: SXT) announces the expansion of its Board of Directors from ten to eleven members, with
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of $0.41 per share, reflecting a 5.1% increase. This dividend will be paid on December 1, 2021 to shareholders on record as of November 1, 2021. This increase raises the annualized payout to $1.64 per share, showcasing the company’s confidence in its future, as the quarterly dividend has increased by 37% over the last five years.
Sensient Technologies Corporation (NYSE: SXT) will hold its third quarter 2021 conference call on October 15, 2021, at 8:30 a.m. CDT. Participants can join by calling Chorus Call Inc. at (844) 492-3726 or accessing the webcast on Sensient’s website. A replay will be available from one hour after the call until October 22, 2021, by calling (877) 344-7529. Sensient is a global leader in colors and flavors, serving various industries including food, pharmaceuticals, and cosmetics. The company is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (NYSE: SXT) reported second-quarter revenue of $335.8 million, up from $323.1 million year-over-year. Operating income decreased to $35.8 million from $42.1 million, with diluted EPS dropping to 61 cents from 72 cents. Foreign currency translation contributed approximately 4% to revenues. The Flavors & Extracts segment saw a 2.3% revenue decline due to a product line divestiture, while the Color and Asia Pacific groups reported increases of 9.8% and 15.9%, respectively. The company reaffirms its 2021 guidance for mid to high single-digit EPS growth.
The Board of Directors of Sensient Technologies has declared a quarterly cash dividend of $0.39 per share, to be paid on September 1, 2021. Shareholders of record as of August 2, 2021 will be eligible for this payment. Sensient Technologies, a leader in the manufacturing and marketing of colors, flavors, and specialty ingredients, serves diverse industries including food, pharmaceuticals, and cosmetics. The company is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (NYSE: SXT) completed the acquisition of Flavor Solutions, Inc. on July 15, 2021. This acquisition strengthens Sensient's flavor portfolio, adding savory reaction flavors, natural shelf-life extenders, and technology for sweetness enhancement and salt reduction. CEO Paul Manning highlighted the strategic importance of this deal, noting that it will enhance technical solutions and customer relationships. The acquisition positions Sensient to better serve the food, beverage, and nutraceutical markets.
Sensient Technologies Corporation (NYSE: SXT) will host a conference call on July 23, 2021, at 8:30 a.m. CDT to review its second quarter results for 2021. Investors can participate by calling Chorus Call Inc. at (844) 492-3726 or via the webcast available on Sensient's website. A replay of the call will be accessible one hour post-event until July 30, 2021, with the identification number 10156624. Sensient is a global leader in color and flavor manufacturing, providing innovative solutions for multiple industries including food and beverages, pharmaceuticals, and cosmetics.
Sensient Technologies Corporation (NYSE: SXT) reported a first-quarter revenue of $359.7 million, up from $350.7 million year-over-year. Operating income rose to $46.9 million from $34.6 million, with diluted EPS increasing to 75 cents compared to 49 cents last year. Currency translation contributed approximately 3% to revenue and 4% to earnings. The Flavors & Extracts segment saw a 7.7% revenue increase, while the Color segment declined by 5.4%. The company reaffirmed its 2021 guidance for diluted EPS growth.
The Board of Directors of Sensient Technologies Corporation (SXT) has declared a quarterly cash dividend of $0.39 per share. This dividend will be payable on June 1, 2021, to shareholders recorded by May 3, 2021. Sensient operates globally as a manufacturer and marketer of colors, flavors, and specialty ingredients, supporting diverse sectors including food, beverages, and personal care. The company is headquartered in Milwaukee, Wisconsin, and serves a range of clients from small businesses to major international brands.
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