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Sensient Technologies Reports Results for 2Q 2013

Cash provided by operations in the first six months increased to $70 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies reported diluted earnings per share of 65 cents in the second 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 74 cents, an all-time quarterly record and an increase of 5.7% over the 70 cents reported in the second quarter of 2012. Consolidated revenue reached a new quarterly record of $378.8 million compared to $367.8 million in the second quarter of 2012. Operati...

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