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Sensient Technologies Reports 1Q 2020 Results

Cash provided by operating activities increased 58% in the quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies reprted diluted earnings per share of 49 cents in the first quarter of 2020 compared to diluted earnings per share of 78 cents in the first quarter of 2019. Revenue was $350.7 million in this year’s first quarter compared to $347.5 million in the comparable period last year. Operating income was $34.6 million in the first quarter of 2020 compared to operating income of $49.4 million in last year’s first quarter. Foreign currency translation decreased revenues and operating...

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