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Sensient’s Q4 and Full Year 2009 Financials
Posted: February 5, 2010
Sensient’s flavor and fragrance revenue increased 2.3% to $196 million in the fourth quarter of 2009 (2008: $191.5 million), while operating income was up 1.4% to $29.6 million from previous year’s $29.2 million. Meanwhile, for the full year ending Dec. 31, 2009, the F&F group’s revenue was $772.9 million compared to $800.8 million in 2008; its operating income for the period rose 0.8% to $124.5 million (2008: $123.5 million). In Q4, the fragrance product line achieved significant local currency revenue and margin growth. These gains were partially offset by pricing adjustments in certain markets in advance of raw material savings that are expected in 2010.