Sensient's F&F Biz Breaks Q3 Revenue Record
Posted: October 19, 2007
Sensient Technologies Corp.'s (Milwaukee) Indianapolis, IN, based flavor and fragrance group has reported record third quarter revenue and operating income of $197.2 million (a gain of 4%, year-over-year) and $29.2 million (a gain of 8.9% year-over-year), respectively. For the first nine months of the year, revenue rose 6.6% to $584.3 million; meanwhile, year-to-date operating income jumped 12.6% to $87.2 million. The company credits improvements in pricing, operating efficiencies and favorable foreign currency translation for the results.