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Sensient Technologies Corporation reports news on its global specialty-ingredients business, including flavors, colors, extracts, bionutrients, essential oils, dehydrated vegetables, and other inputs used in food and beverage, pharmaceutical, nutraceutical, personal care, and cosmetics products. Company updates commonly discuss results across the Flavors & Extracts, Color, and Asia Pacific segments, with commentary on revenue, operating income, local-currency performance, guidance, and portfolio optimization costs.
Recurring developments also include quarterly cash dividends, earnings-call announcements, natural color manufacturing capacity, and food color safety and quality programs such as Certasure. Sensient Food Colors updates highlight the company's role in supplying natural and synthetic color solutions as food and beverage customers shift product formulations.
Sensient Technologies Corporation (NYSE: SXT) announces the expansion of its Board of Directors from ten to eleven members, with Sharad Jain set to join effective December 1, 2021. Current director Edward Cichurski will retire following his term expiry at the 2022 annual meeting. Jain brings over 33 years of experience in audit services, having served at org value="ACORN:4013287958" idsrc="xmltag.org"PricewaterhouseCoopers. His expertise includes financial oversight and risk management, which is expected to enhance the Board's capabilities in delivering value to shareholders.
The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of $0.41 per share, reflecting a 5.1% increase. This dividend will be paid on December 1, 2021 to shareholders on record as of November 1, 2021. This increase raises the annualized payout to $1.64 per share, showcasing the company’s confidence in its future, as the quarterly dividend has increased by 37% over the last five years.
Sensient Technologies Corporation (NYSE: SXT) will hold its third quarter 2021 conference call on October 15, 2021, at 8:30 a.m. CDT. Participants can join by calling Chorus Call Inc. at (844) 492-3726 or accessing the webcast on Sensient’s website. A replay will be available from one hour after the call until October 22, 2021, by calling (877) 344-7529. Sensient is a global leader in colors and flavors, serving various industries including food, pharmaceuticals, and cosmetics. The company is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (NYSE: SXT) reported second-quarter revenue of $335.8 million, up from $323.1 million year-over-year. Operating income decreased to $35.8 million from $42.1 million, with diluted EPS dropping to 61 cents from 72 cents. Foreign currency translation contributed approximately 4% to revenues. The Flavors & Extracts segment saw a 2.3% revenue decline due to a product line divestiture, while the Color and Asia Pacific groups reported increases of 9.8% and 15.9%, respectively. The company reaffirms its 2021 guidance for mid to high single-digit EPS growth.
The Board of Directors of Sensient Technologies has declared a quarterly cash dividend of $0.39 per share, to be paid on September 1, 2021. Shareholders of record as of August 2, 2021 will be eligible for this payment. Sensient Technologies, a leader in the manufacturing and marketing of colors, flavors, and specialty ingredients, serves diverse industries including food, pharmaceuticals, and cosmetics. The company is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (NYSE: SXT) completed the acquisition of Flavor Solutions, Inc. on July 15, 2021. This acquisition strengthens Sensient's flavor portfolio, adding savory reaction flavors, natural shelf-life extenders, and technology for sweetness enhancement and salt reduction. CEO Paul Manning highlighted the strategic importance of this deal, noting that it will enhance technical solutions and customer relationships. The acquisition positions Sensient to better serve the food, beverage, and nutraceutical markets.
Sensient Technologies Corporation (NYSE: SXT) will host a conference call on July 23, 2021, at 8:30 a.m. CDT to review its second quarter results for 2021. Investors can participate by calling Chorus Call Inc. at (844) 492-3726 or via the webcast available on Sensient's website. A replay of the call will be accessible one hour post-event until July 30, 2021, with the identification number 10156624. Sensient is a global leader in color and flavor manufacturing, providing innovative solutions for multiple industries including food and beverages, pharmaceuticals, and cosmetics.
Sensient Technologies Corporation (NYSE: SXT) reported a first-quarter revenue of $359.7 million, up from $350.7 million year-over-year. Operating income rose to $46.9 million from $34.6 million, with diluted EPS increasing to 75 cents compared to 49 cents last year. Currency translation contributed approximately 3% to revenue and 4% to earnings. The Flavors & Extracts segment saw a 7.7% revenue increase, while the Color segment declined by 5.4%. The company reaffirmed its 2021 guidance for diluted EPS growth.
The Board of Directors of Sensient Technologies Corporation (SXT) has declared a quarterly cash dividend of $0.39 per share. This dividend will be payable on June 1, 2021, to shareholders recorded by May 3, 2021. Sensient operates globally as a manufacturer and marketer of colors, flavors, and specialty ingredients, supporting diverse sectors including food, beverages, and personal care. The company is headquartered in Milwaukee, Wisconsin, and serves a range of clients from small businesses to major international brands.
Sensient Technologies Corporation (NYSE: SXT) will hold a conference call on April 23, 2021, at 8:30 a.m. CDT to discuss its first quarter results. Interested participants can join by calling Chorus Call Inc. or via a webcast available on the company's website. A replay of the call will be accessible after the event and will remain available until April 30, 2021. Sensient is a global manufacturer specializing in colors, flavors, and specialty ingredients for various industries, including food, pharmaceuticals, and personal care, headquartered in Milwaukee, Wisconsin.