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Sensient Technologies Reports Results for the Quarter and Year Ended Dec. 31, 2016

For the year ended Dec. 31, 2016, reported EPS from continuing operations were $2.74 compared to $2.32 per share last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies reported earnings per share (EPS) from continuing operations of 70 cents in the fourth quarter of 2016 compared to 43 cents in last year’s fourth quarter. Revenue was $330.2 million in this year’s fourth quarter compared to $339.2 million in the comparable period last year. Operating income was $43.3 million in the fourth quarter of 2016 and $31.6 million in last year’s fourth quarter. Foreign currency translation reduced revenue by approximately 2%, operating income by app...

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