Industry News

Sensient Technologies Reports 2Q Earnings

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Sensient Technologies Corporation reported record quarterly revenue of $304.3 million for its second quarter ended June 30, 2007, up 7.8 percent from the comparable quarter in 2006. Revenue for the first six months of this year was $589.6 million, an 8.2 percent increase from the prior year’s comparable period.
    
“We reported record revenue and operating income in our second quarter,” said Kenneth P. Manning, chairman, president and CEO of Sensient Technologies Corporation. “The company has achieved six consecutive quarters of earnings growth and we expect this strong performance to continue into 2008.”

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