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Sensient Technologies Reports Results for 3Q 2013

Cash provided by operations in the first nine months increased 28 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies reported diluted earnings per share of 63 cents in the third quarter, which includes restructuring costs of 9 cents per share. As adjusted, to remove the impact of the restructuring costs, diluted earnings per share were 72 cents, a third quarter record and an increase of 9.1% over the 66 cents reported in the comparable period last year. Consolidated revenue was $372.0 million compared to $369.4 million in the third quarter of 2012. Operating income was $48.8 million, a...

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