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Reported EPS increased to 65 cents from 5 cents in the first quarter of 2014
April 20, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sensient Technologies reported earnings per share from continuing operations of 65 cents in the first quarter of 2015 compared to five cents in last year’s first quarter. Reported operating income was $46.4 million and $8.6 million in the first quarters of 2015 and 2014, respectively. Sensient initiated a restructuring plan in 2014 to eliminate underperforming operations, consolidate manufacturing facilities, and improve operational efficiencies within the company. The restructuring costs re...
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