Industry News

Sensient Technologies Reports Record Earnings for 1Q 2009

Earnings per share increase 4.7 percent

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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, 2009, reached 45 cents, a record level for the company’s first quarter. Diluted earnings per share for the prior year’s comparable period were 43 cents. Consolidated revenue for the first quarter of 2009 was $282.8 million compared to $307.4 million in the first quarter of 2008. On a local currency basis, first quarter revenue was up 1.4% in comparison to the prior year. Cash provid...

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