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Sensient Technologies Corporation Reports Results for 1Q 2011

First quarter revenue, EPS reach new highs

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies Corporation reported that diluted earnings per share for the three months ended March 31, 2011, were 53 cents, a record level for the first quarter and an increase of 10.4% over the 2010 first quarter results of 48 cents. Consolidated revenue for the first quarter of 2011 increased 11.3% to an all-time quarterly record of $349.7 million compared to $314.1 million in the first quarter of 2010. Favorable foreign currency translation increased consolidated revenue by approxima...

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