Sensient Technologies

Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2023

Retrieved on: 
Friday, October 20, 2023

Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.

Key Points: 
  • Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.
  • The Color Group reported revenue of $145.0 million in the quarter, a decrease of $6.5 million compared to the prior year’s third quarter.
  • Segment operating income was $22.9 million in the quarter, a decrease of $5.3 million compared to the prior year’s third quarter results.
  • The Company will host a conference call to discuss its 2023 third quarter financial results at 8:30 a.m. CDT on Friday, October 20, 2023.

Sensient Declares Dividend

Retrieved on: 
Thursday, October 19, 2023

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on December 1, 2023, to shareholders of record on November 6, 2023.

Key Points: 

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on December 1, 2023, to shareholders of record on November 6, 2023.

Sensient Announces Conference Call

Retrieved on: 
Friday, October 6, 2023

Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 third quarter results at 8:30 a.m. CDT on Friday, October 20, 2023.

Key Points: 
  • Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 third quarter results at 8:30 a.m. CDT on Friday, October 20, 2023.
  • To participate in the conference call, contact Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, and ask to join the Sensient Technologies Corporation conference call.
  • Alternatively, the call can be accessed by using the webcast link that will be available on the Investor Information section of the Company’s web site at www.sensient.com .
  • A replay of the call will be available one hour after the end of the conference call through October 27, 2023, by calling (877) 344-7529 and using access code 2925227.

SK Capital Completes Strategic Investment in Ecopol

Retrieved on: 
Thursday, September 14, 2023

Ecopol S.p.A. (“Ecopol” or the “Company”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today the completion of a strategic investment from affiliates of SK Capital Partners, LP (“SK Capital”), a leading private investment firm focused on the specialty materials, ingredients, and life sciences sectors.

Key Points: 
  • Ecopol S.p.A. (“Ecopol” or the “Company”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today the completion of a strategic investment from affiliates of SK Capital Partners, LP (“SK Capital”), a leading private investment firm focused on the specialty materials, ingredients, and life sciences sectors.
  • The Board of Directors also includes Mauro Carbone, Ecopol CEO and significant minority investor; Stephen d’Incelli, Deal Lead and Managing Director at SK Capital; and Josh Lieberman, Principal at SK Capital.
  • SK Capital is a private investment firm with a disciplined focus on the specialty materials, ingredients and life sciences sectors.
  • SK Capital aims to utilize its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability, as well as lower operating risk.

Sensient Appoints Steve Morris as President, Flavors & Extracts Group

Retrieved on: 
Thursday, July 27, 2023

Sensient has appointed Steve Morris, currently the General Manager, Sweet & Beverage Flavors North America, to succeed Mr. Mitchell upon his retirement.

Key Points: 
  • Sensient has appointed Steve Morris, currently the General Manager, Sweet & Beverage Flavors North America, to succeed Mr. Mitchell upon his retirement.
  • Steve Morris joined Sensient’s Color Group in June 2007 and served as Sales Director of Food Colors US.
  • Mr. Morris has held his current role as General Manager, Sweet & Beverage Flavors North America since August 2017.
  • His operational, commercial, and general management experience position him well to continue driving growth across the Flavors & Extracts Group.”

Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2023

Retrieved on: 
Friday, July 21, 2023

The Flavors & Extracts Group reported second quarter revenue of $188.3 million compared to $189.3 million in last year’s second quarter, a decrease of 0.6%.

Key Points: 
  • The Flavors & Extracts Group reported second quarter revenue of $188.3 million compared to $189.3 million in last year’s second quarter, a decrease of 0.6%.
  • The Color Group reported revenue of $160.5 million in the quarter compared to $156.3 million in last year’s second quarter, an increase of 2.7%.
  • Segment operating income was $7.6 million in the quarter compared to $7.7 million in last year’s second quarter, a decrease of 1.9%.
  • The Company will host a conference call to discuss its 2023 second quarter financial results at 8:30 a.m. CDT on Friday, July 21, 2023.

Sensient Declares Dividend

Retrieved on: 
Thursday, July 20, 2023

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on September 1, 2023, to shareholders of record on August 7, 2023.

Key Points: 

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on September 1, 2023, to shareholders of record on August 7, 2023.

Sensient Announces Conference Call

Retrieved on: 
Friday, July 7, 2023

Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 second quarter results at 8:30 a.m. CDT on Friday, July 21, 2023.

Key Points: 
  • Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 second quarter results at 8:30 a.m. CDT on Friday, July 21, 2023.
  • To participate in the conference call, contact Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, and ask to join the Sensient Technologies Corporation conference call.
  • Alternatively, the call can be accessed by using the webcast link that will be available on the Investor Information section of the Company’s web site at www.sensient.com .
  • A replay of the call will be available one hour after the end of the conference call through July 28, 2023, by calling (877) 344-7529 and using access code 8018105.

Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2023

Retrieved on: 
Friday, April 28, 2023

The Flavors & Extracts Group reported first quarter revenue of $178.9 million compared to $182.7 million in last year’s first quarter, a decrease of 2.1%.

Key Points: 
  • The Flavors & Extracts Group reported first quarter revenue of $178.9 million compared to $182.7 million in last year’s first quarter, a decrease of 2.1%.
  • Foreign currency translation decreased segment revenue by approximately 1% and was not material to segment operating income in the quarter.
  • The Color Group reported revenue of $161.2 million in the quarter compared to $148.4 million in last year’s first quarter, an increase of 8.6%.
  • The Company will host a conference call to discuss its 2023 first quarter financial results at 8:30 a.m. CDT on Friday, April 28, 2023.

Sensient Declares Dividend

Retrieved on: 
Thursday, April 27, 2023

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on June 1, 2023, to shareholders of record on May 8, 2023.

Key Points: 

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on June 1, 2023, to shareholders of record on May 8, 2023.