{"id":516963,"date":"2021-07-23T06:58:13","date_gmt":"2021-07-23T10:58:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sensient-technologies-corporation-reports-results-for-the-quarter-ended-june-30-2021\/"},"modified":"2021-07-23T06:58:13","modified_gmt":"2021-07-23T10:58:13","slug":"sensient-technologies-corporation-reports-results-for-the-quarter-ended-june-30-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sensient-technologies-corporation-reports-results-for-the-quarter-ended-june-30-2021\/","title":{"rendered":"Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021"},"content":{"rendered":"

<\/p>\n

Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021<\/b><\/p>\n

Reported Consolidated Revenue Growth of 3.9%<\/i><\/p>\n

Adjusted Consolidated Local Currency Revenue Growth of 9.1%<\/i><\/p>\n

\u00a0<\/i><\/p>\n

Sensient Expects to be at or Above Previously Issued 2021 Guidance<\/i><\/p>\n

MILWAUKEE–(BUSINESS WIRE<\/a>)–
\nSensient Technologies Corporation (NYSE: SXT) reported consolidated revenue of $335.8 million in this year\u2019s second quarter compared to $323.1 million in last year\u2019s second quarter. Reported operating income in the second quarter of 2021 was $35.8 million compared to $42.1 million in the second quarter of 2020. Reported diluted earnings per share was 61 cents in the second quarter of 2021 compared to 72 cents in the second quarter of 2020. Foreign currency translation increased revenue and earnings per share by approximately 4% and 6%, respectively, in the quarter.\n<\/p>\n

\nThe 2021 second quarter reported results include divestiture & other related costs and operational improvement plan costs, which in total decreased second quarter net earnings by $7.0 million ($0.16 per diluted share). The 2020 second quarter reported results include divestiture & other related costs which increased net earnings by $1.0 million ($0.02 per diluted share). The 2021 and 2020 second quarter results also include the operations of the divested product lines, which included $2.2 million of revenue and decreased diluted earnings per share by $0.01 in the second quarter of 2021, and included $28.2 million of revenue and were not significant to diluted earnings per share in the second quarter of 2020. These adjustments are described in more detail under \u201cReconciliation of Non-GAAP Amounts<\/i>\u201d at the end of this release.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

BUSINESS REVIEW<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n

Reported<\/b><\/p>\n<\/td>\n

<\/tr>\n
\nRevenue<\/b><\/td>\n\n\n

Quarter<\/b><\/p>\n<\/td>\n

<\/tr>\n
\nFlavors & Extracts<\/td>\n\n

\n-2.3%\n<\/p>\n<\/td>\n

<\/tr>\n
\nColor<\/td>\n\n\n

\n9.8%\n<\/p>\n<\/td>\n

<\/tr>\n
\nAsia Pacific<\/td>\n\n

\n15.9%\n<\/p>\n<\/td>\n

<\/tr>\n
\nTotal Revenue<\/b><\/td>\n\n

3.9%<\/b><\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n

Adjusted<\/b><\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n

Local Currency (1)<\/sup><\/b><\/p>\n<\/td>\n

<\/tr>\n
\nRevenue<\/b><\/td>\n\n\n

Quarter<\/b><\/p>\n<\/td>\n

<\/tr>\n
\nFlavors & Extracts<\/td>\n\n

\n9.1%\n<\/p>\n<\/td>\n

<\/tr>\n
\nColor<\/td>\n\n\n

\n7.1%\n<\/p>\n<\/td>\n

<\/tr>\n
\nAsia Pacific<\/td>\n\n

\n11.3%\n<\/p>\n<\/td>\n

<\/tr>\n
\nTotal Revenue<\/b><\/td>\n\n

9.1%<\/b><\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
(1)<\/sup> Adjusted local currency percentage changes are described in more detail in the “Reconciliation of Non-GAAP Amounts<\/i>” at the end of this release.<\/td>\n<\/tr>\n<\/table>\n

\nThe Flavors & Extracts Group reported second quarter revenue of $179.4 million compared to $183.6 million reported in the comparable period last year, a decrease of 2.3%, primarily due to the divestiture of the Fragrances product line in early April 2021. Adjusted local currency revenue increased 9.1% in the quarter. The higher adjusted local currency revenue was the result of strong growth in all product categories. Segment operating income was $24.5 million in the current quarter compared to $22.8 million reported in the comparable period last year, an increase of 7.8%. Adjusted local currency operating income increased 13.2% in the quarter. The Group\u2019s higher profit was primarily a result of favorable volume growth. Foreign currency translation increased segment revenue and operating income by approximately 4% and 3%, respectively, in the quarter.\n<\/p>\n

\nThe Color Group reported revenue of $133.2 million in the quarter compared to $121.3 million in last year\u2019s comparable period, an increase of 9.8%. Adjusted local currency revenue increased 7.1% in the quarter. The Group experienced growth in Food & Pharmaceutical colors and in Personal Care. Segment operating income was $25.6 million in the quarter compared to $22.3 million in last year\u2019s comparable period, an increase of 15.1%. Adjusted local currency operating income increased 5.2% compared to prior year\u2019s second quarter. The higher operating income is primarily a result of the higher volumes. Foreign currency translation increased both segment revenue and operating income by approximately 5% in the quarter.\n<\/p>\n

\nThe Asia Pacific Group reported revenue of $32.3 million in the quarter compared to $27.9 million in last year\u2019s comparable period, an increase of 15.9%. Adjusted local currency revenue increased 11.3% in the quarter. Segment operating income was $5.8 million in the quarter compared to $4.8 million in last year\u2019s comparable quarter, an increase of 19.5%. Adjusted local currency operating income increased 21.6% in the quarter. The higher profit was primarily a result of the favorable volume growth. Foreign currency translation increased segment revenue by approximately 6% and decreased segment operating income by approximately 1% in the quarter.\n<\/p>\n

\nCorporate & Other reported operating costs of $20.2 million in the current quarter compared to $7.7 million in last year\u2019s comparable period, an increase of 160.9%. The higher costs are primarily due to higher divestiture & other costs reported in the second quarter of 2021 compared to the amount recorded in the second quarter of 2020. Adjusted local currency operating expenses for Corporate & Other increased 29.4% in the quarter partly due to higher performance based executive compensation.\n<\/p>\n

2021 OUTLOOK<\/b><\/p>\n

\nSensient is reconfirming its previously issued 2021 guidance for GAAP diluted earnings per share to grow at a mid to high single digit growth rate compared to the Company\u2019s 2020 reported GAAP diluted earnings per share of $2.59. Our full year 2021 guidance includes approximately 25 cents per share of estimated divestiture & other related costs, the results of the divested operations, and the operational improvement plan costs. The Company expects its reported tax rate to be approximately 24% for the last six months of 2021.\n<\/p>\n

\nThe Company now expects its 2021 adjusted local currency revenue(2)<\/sup> to grow at a mid-single digit rate. The Company\u2019s previous 2021 guidance for adjusted local currency revenue(2)<\/sup> was a low to mid-single digit growth rate. The Company reconfirms its previously issued 2021 adjusted local currency EBITDA(2)<\/sup> to grow at a mid-single digit rate. The Company also continues to expect, on a local currency basis, 2021 adjusted diluted earnings per share(2)<\/sup> to grow at a mid-single digit growth rate compared to the Company\u2019s 2020 adjusted diluted earnings per share(2)<\/sup> of $2.79. The Company expects its adjusted tax rate(2)<\/sup> to be approximately 22% for the last six months of 2021.\n<\/p>\n

\nThe Company expects earnings per share reported on a U.S. dollar basis to benefit by approximately ten cents based on current exchange rates.\n<\/p>\n

\nThe Company\u2019s guidance is based upon current trends, current tax law, and the effects of COVID-19 to date. The full impacts of the ongoing COVID-19 pandemic remain uncertain and management will continue to monitor its impacts on our business.\n<\/p>\n\n\n
\n\n\n\n

(2)<\/sup><\/p>\n<\/td>\n

\n\n

\nSee \u201cReconciliation of Non-GAAP Amounts<\/i>\u201d at the end of this release for more information.\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

USE OF NON-GAAP FINANCIAL MEASURES<\/b><\/p>\n

\nThe Company\u2019s non-GAAP financial measures eliminate the impact of certain items, which, depending on the measure, include, currency movements, depreciation and amortization, non-cash share-based compensation, divestiture & other related costs, operational improvement plan costs, and the results of the divested operations. These measures are provided to enhance the overall understanding of the Company\u2019s performance when viewed together with the GAAP results. Refer to \u201cReconciliation of Non-GAAP Amounts<\/i>\u201d at the end of this release.\n<\/p>\n

CONFERENCE CALL<\/b><\/p>\n

\nThe Company will host a conference call to discuss its 2021 second quarter financial results at 8:30 a.m. CDT on Friday, July 23, 2021. To participate in the conference call, contact Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, and ask to join the Sensient Technologies Corporation conference call. Alternatively, the call can be accessed by using the webcast link that is available on the Investor Information section of the Company\u2019s web site at www.sensient.com<\/a>.\n<\/p>\n

\nA replay of the call will be available one hour after the end of the conference call through July 30, 2021, by calling (877) 344-7529 and referring to conference identification number 10156624. An audio replay and written transcript of the call will also be posted on the Investor Information section of the Company\u2019s web site at www.sensient.com<\/a> on or after July 27, 2021.\n<\/p>\n

This release contains statements that may constitute \u201cforward-looking statements\u201d within the meaning of Federal securities laws including under \u201c2021 Outlook\u201d above. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors concerning the Company\u2019s operations and business environment. Important factors that could cause actual results to differ materially from those suggested by these forward-looking statements and that could adversely affect the Company\u2019s future financial performance include the following: the impact and uncertainty created by the ongoing COVID-19 pandemic, including, but not limited to, its effects on our employees, facilities, customers, and suppliers, the availability and cost of raw materials and other supplies, the availability of logistics and transportation, governmental regulations and restrictions and general economic conditions; the pace and nature of new product introductions by the Company and the Company\u2019s customers; the Company\u2019s ability to anticipate and respond to changing consumer preferences and changing technologies; the Company\u2019s ability to successfully implement its growth strategies; the outcome of the Company\u2019s various productivity-improvement and cost-reduction efforts, acquisition and divestiture activities, and operational improvement plan; the effectiveness of the Company\u2019s past restructuring activities; changes in costs of raw materials, including energy; industry, regulatory, legal, and economic factors related to the Company\u2019s domestic and international business; the effects of tariffs, trade barriers, and disputes; growth in markets for products in which the Company competes; industry and customer acceptance of price increases; actions by competitors; currency exchange rate fluctuations; and other factors included in \u201cRisk Factors\u201d in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and in other documents that the Company files with the SEC. The risks and uncertainties identified above are not the only risks the Company faces. Additional risks and uncertainties not presently known to the Company or that it currently believes to be immaterial also may adversely affect the Company. Should any known or unknown risks and uncertainties develop into actual events, these developments could have material adverse effects on our business, financial condition, and results of operations. This release contains time-sensitive information that reflects management\u2019s best analysis only as of the date of this release. Except to the extent required by applicable laws, the Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied herein will not be realized. <\/i><\/p>\n

ABOUT SENSIENT TECHNOLOGIES<\/b><\/p>\n

\nSensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, cosmetic, and personal care industries. Sensient\u2019s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world\u2019s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.\n<\/p>\n

www.sensient.com<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(In thousands, except percentages and per share amounts) <\/b><\/i><\/td>\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(Unaudited)<\/b><\/i><\/td>\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Consolidated Statements of Earnings <\/b><\/td>\n\n\n

Three Months Ended June 30,<\/b><\/p>\n<\/td>\n

\n\n

Six Months Ended June 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n

\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Revenue<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n335,827\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n323,090\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.9%\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n695,529\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n673,767\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.2%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Cost of products sold<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n224,233\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n220,876\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n1.5%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n468,322\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n459,660\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n1.9%\n<\/p>\n<\/td>\n<\/tr>\n

Selling and administrative expenses<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n75,841\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n60,089\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n26.2%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n144,557\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n137,421\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n5.2%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating income<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n35,753\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.1%)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n82,650\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n76,686\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n<\/tr>\n

Interest expense<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,322\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,608\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n6,755\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n7,915\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Earnings before income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n32,431\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n38,517\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n75,895\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n68,771\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n6,495\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n7,897\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n18,291\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n17,378\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net earnings<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n25,936\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n30,620\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.3%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n57,604\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n51,393\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n12.1%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Earnings per share of common stock:<\/td>\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Basic<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.62\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.72\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.37\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.22\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Diluted<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.61\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.72\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.36\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.21\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Average common shares outstanding:<\/td>\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Basic<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,135\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,305\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,199\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,294\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Diluted<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,267\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,322\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,328\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n42,315\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Results by Segment<\/b><\/td>\n\n\n

Three Months Ended June 30,<\/b><\/p>\n<\/td>\n

\n\n

Six Months Ended June 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Revenue<\/span><\/b><\/p>\n<\/td>\n

\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n

\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n179,401\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n183,611\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(2.3%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n380,312\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n370,109\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n2.8%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n133,207\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n121,296\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n9.8%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n268,927\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n264,791\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n1.6%\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n32,317\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n27,873\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n15.9%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n66,157\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n58,322\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n13.4%\n<\/p>\n<\/td>\n<\/tr>\n

Intersegment elimination<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,098\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,690\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,867\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,455\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Consolidated<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n335,827\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n323,090\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.9%\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n695,529\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n673,767\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.2%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating Income<\/span><\/b><\/td>\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n24,536\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n22,752\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n51,554\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n43,623\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n18.2%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n25,615\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n22,263\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n15.1%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n52,209\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n51,927\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n0.5%\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n5,793\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,849\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n19.5%\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,545\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,908\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n26.6%\n<\/p>\n<\/td>\n<\/tr>\n

Corporate & Other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(20,191\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(7,739\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(33,658\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(28,772\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Consolidated<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n35,753\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n42,125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.1%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n82,650\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n76,686\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n<\/tr>\n
(In thousands) <\/b><\/i><\/td>\n\n\n\n<\/tr>\n
(Unaudited)<\/b><\/i><\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated Condensed Balance Sheets<\/b><\/td>\n\nJune 30,<\/b><\/td>\n\nDecember 31,<\/b><\/td>\n<\/tr>\n
\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n33,306\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n24,770\n<\/p>\n<\/td>\n<\/tr>\n

Trade accounts receivable<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n258,411\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n234,132\n<\/p>\n<\/td>\n<\/tr>\n

Inventories<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n360,240\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n381,346\n<\/p>\n<\/td>\n<\/tr>\n

Prepaid expenses and other current assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n56,111\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n48,578\n<\/p>\n<\/td>\n<\/tr>\n

Assets held for sale<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n52,760\n<\/p>\n<\/td>\n<\/tr>\n

Total Current Assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n708,068\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n741,586\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Goodwill & intangible assets (net)<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n429,204\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n434,220\n<\/p>\n<\/td>\n<\/tr>\n

Property, plant, and equipment (net)<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n442,022\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n445,493\n<\/p>\n<\/td>\n<\/tr>\n

Other assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n118,436\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n119,561\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Assets<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,697,730\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,740,860\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Trade accounts payable<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n115,325\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n107,324\n<\/p>\n<\/td>\n<\/tr>\n

Short-term borrowings<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n771\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,247\n<\/p>\n<\/td>\n<\/tr>\n

Other current liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n80,320\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n82,045\n<\/p>\n<\/td>\n<\/tr>\n

Liabilities held for sale<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n17,339\n<\/p>\n<\/td>\n<\/tr>\n

Total Current Liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n196,416\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n215,955\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Long-term debt<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n483,230\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n518,004\n<\/p>\n<\/td>\n<\/tr>\n

Accrued employee and retiree benefits<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n29,863\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n28,941\n<\/p>\n<\/td>\n<\/tr>\n

Other liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n43,944\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n43,624\n<\/p>\n<\/td>\n<\/tr>\n

Shareholders’ Equity<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n944,277\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n934,336\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Liabilities and Shareholders’ Equity<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,697,730\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,740,860\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n<\/tr>\n
(In thousands, except per share amounts) <\/b><\/i><\/td>\n\n\n\n<\/tr>\n
(Unaudited)<\/b><\/i><\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated Statements of Cash Flows <\/b><\/td>\n\n\n\n<\/tr>\n
Six Months Ended June 30,<\/b><\/td>\n\n\n\n<\/tr>\n
\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n<\/tr>\n

Cash flows from operating activities:<\/td>\n\n\n\n<\/tr>\n
Net earnings<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n57,604\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n51,393\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjustments to arrive at net cash provided by operating activities:<\/td>\n\n\n\n<\/tr>\n
Depreciation and amortization<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n25,817\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n24,522\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Share-based compensation expense<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,188\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,662\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net loss on assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n206\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n50\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Loss on divestitures and other charges<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n13,511\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n6,634\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Deferred income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,702\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,075\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Changes in operating assets and liabilities:<\/td>\n\n\n\n<\/tr>\n
Trade accounts receivable<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(26,902\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(20,494\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Inventories<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n19,357\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n24,816\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Prepaid expenses and other assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(15,573\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,975\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Trade accounts payable and other accrued expenses<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,632\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,961\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Accrued salaries, wages, and withholdings<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,944\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n6,483\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,953\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,899\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Other liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,710\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n588\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net cash provided by operating activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n89,261\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n107,614\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash flows from investing activities:<\/td>\n\n\n\n<\/tr>\n
Acquisition of property, plant, and equipment<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(25,550\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(21,417\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Proceeds from sale of assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n169\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n6\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Proceeds from divestiture of businesses<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n36,255\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n11,255\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Other investing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(254\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,395\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net cash provided by (used in) investing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,620\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(5,761\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash flows from financing activities:<\/td>\n\n\n\n<\/tr>\n
Proceeds from additional borrowings<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n25,997\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n38,670\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Debt payments<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(62,578\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(98,849\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Purchase of treasury stock<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(22,507\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Dividends paid<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(33,027\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(33,018\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Other financing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(582\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(414\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net cash used in financing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(92,697\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(93,611\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Effect of exchange rate changes on cash and cash equivalents<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,352\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(8,519\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net increase (decrease) in cash and cash equivalents<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n8,536\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(277\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Cash and cash equivalents at beginning of period<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n24,770\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n21,153\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Cash and cash equivalents at end of period<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n33,306\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n20,876\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Supplemental Information<\/b><\/td>\n\n\n\n<\/tr>\n
Six Months Ended June 30,<\/b><\/td>\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Dividends paid per share<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.78\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.78\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(In thousands, except percentages and per share amounts) <\/b><\/i><\/td>\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(Unaudited)<\/b><\/i><\/td>\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Reconciliation of Non-GAAP Amounts<\/b><\/td>\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

The Company’s results for the three and six months ended June 30, 2021 and 2020 include adjusted revenue, adjusted operating income, adjusted net earnings, and adjusted diluted earnings per share, which exclude divestiture & other related costs, operational improvement plan costs and income, and the results of the divested operations.<\/td>\n<\/tr>\n
\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n

Three Months Ended June 30,<\/b><\/p>\n<\/td>\n

\n\n

Six Months Ended June 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n

\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

% Change<\/b><\/p>\n<\/td>\n<\/tr>\n

Revenue (GAAP)<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

335,827<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

323,090<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.9%\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

695,529<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

673,767<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n3.2%\n<\/p>\n<\/td>\n<\/tr>\n

Revenue of the divested product lines<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,207\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(28,217\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(27,777\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(64,802\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjusted revenue<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

333,620<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

294,873<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n13.1%\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

667,752<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

608,965<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n9.7%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating income (GAAP)<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

35,753<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

42,125<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.1%)\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

82,650<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

76,686<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n<\/tr>\n

Divestiture & other related costs \u2013 Cost of products sold<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,749\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n28\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,939\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Divestiture & other related costs \u2013 Selling and administrative expenses<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n11,685\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,276\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n13,232\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n8,377\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating loss (income) of the divested product lines<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n459\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(331\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,468\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,716\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operational improvement plan – Selling and administrative expenses<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,494\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,493\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjusted operating income<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

44,406<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

40,267<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n10.3%\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

90,949<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

85,286<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n6.6%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net earnings (GAAP)<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

25,936<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

30,620<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.3%)\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

57,604<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

51,393<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n12.1%\n<\/p>\n<\/td>\n<\/tr>\n

Divestiture & other related costs, before tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n11,688\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,527\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n13,260\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,316\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Tax impact of divestiture & other related costs<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,689\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n509\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(896\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(425\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net loss (earnings) of the divested product lines, before tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n459\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(331\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,468\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,716\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Tax impact of the divested product lines<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(115\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n203\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n608\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n500\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operational improvement plan income, before tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,494\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,493\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Tax impact of operational improvement plan<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n455\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n159\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjusted net earnings<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

33,240<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

29,474<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n12.8%\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

65,774<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

60,068<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n9.5%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Diluted earnings per share (GAAP)<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

0.61<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

0.72<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.3%)\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.36<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.21<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n12.4%\n<\/p>\n<\/td>\n<\/tr>\n

Divestiture & other related costs, net of tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n0.24\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(0.02\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n0.29\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n0.23\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Results of operations of the divested product lines, net of tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n0.01\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(0.04\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(0.03\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operational improvement plan income, net of tax<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(0.07\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(0.06\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjusted diluted earnings per share <\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

0.79<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

0.70<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n12.9%\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.55<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.42<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n9.2%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Note: Earnings per share calculations may not foot due to rounding differences.<\/i><\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n\n\n\n\n\n\n<\/tr>\n
(In thousands) <\/b><\/i><\/td>\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n
(Unaudited)<\/b><\/i><\/td>\n\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Reconciliation of Non-GAAP Amounts – Continued<\/b><\/td>\n\n\n\n\n\n\n\n\n\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Results by Segment<\/b><\/td>\n\nThree Months Ended June 30,<\/b><\/td>\n<\/tr>\n
\n\n\n\n\n\n\nAdjusted<\/b><\/td>\n\n\n\n\n\nAdjusted<\/b><\/td>\n<\/tr>\n
\n

Revenue<\/span><\/b><\/p>\n<\/td>\n

\n\n\n

2021<\/b><\/p>\n<\/td>\n

\nAdjustments(1)<\/sup><\/b><\/td>\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\nAdjustments(1)<\/sup><\/b><\/td>\n\n\n

2020<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n179,401\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(1,415\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n177,986\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n183,611\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(24,742\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n158,869\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n133,207\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(792\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n132,415\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n121,296\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,501\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n117,795\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n32,317\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n32,317\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n27,873\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(213\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n27,660\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Intersegment elimination<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,098\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,098\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,690\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n239\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,451\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated<\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n335,827\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(2,207\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n333,620\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n323,090\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(28,217\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n294,873\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Operating Income<\/span><\/b><\/td>\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n24,536\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(45\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n24,491\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n22,752\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(1,619\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n21,133\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n25,615\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n504\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n26,119\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n22,263\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,347\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n23,610\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n5,793\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n5,793\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,849\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(59\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,790\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Corporate & Other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(20,191\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n8,194\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(11,997\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(7,739\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,527\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(9,266\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated<\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n35,753\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n8,653\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n44,406\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n42,125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(1,858\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n40,267\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Results by Segment<\/b><\/td>\n\nSix Months Ended June 30,<\/b><\/td>\n<\/tr>\n
\n\n\n\n\n\n\nAdjusted<\/b><\/td>\n\n\n\n\n\nAdjusted<\/b><\/td>\n<\/tr>\n
\n

Revenue<\/span><\/b><\/p>\n<\/td>\n

\n\n\n

2021<\/b><\/p>\n<\/td>\n

\nAdjustments(1)<\/sup><\/b><\/td>\n\n\n

2021<\/b><\/p>\n<\/td>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\nAdjustments(1)<\/sup><\/b><\/td>\n\n\n

2020<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n380,312\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(26,304\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n354,008\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n370,109\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(52,187\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n317,922\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n268,927\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,328\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n267,599\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n264,791\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(12,573\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n252,218\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n66,157\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(295\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n65,862\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n58,322\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(334\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n57,988\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Intersegment elimination<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,867\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n150\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,717\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,455\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n292\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(19,163\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated<\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n695,529\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(27,777\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n667,752\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n673,767\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(64,802\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n608,965\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Operating Income<\/span><\/b><\/td>\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Flavors & Extracts<\/td>\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n51,554\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(2,925\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n48,629\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n43,623\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n(2,837\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n40,786\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n52,209\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n544\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n52,753\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n51,927\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,214\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n53,141\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,545\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(87\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,458\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,908\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(93\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,815\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Corporate & Other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(33,658\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,767\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(22,891\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(28,772\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,316\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(18,456\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Consolidated<\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n82,650\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n8,299\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n90,949\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n76,686\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n8,600\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n85,286\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\u00a0<\/td>\n<\/tr>\n
(1)<\/sup> For Revenue, adjustments consist of revenues of the divested product lines. For Operating Income, adjustments consist of the results of the divested product lines, divestiture & other related costs, and 2021 operational improvement plan costs and income. <\/i><\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(In thousands, except percentages) <\/b><\/i><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(Unaudited)<\/b><\/i><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Reconciliation of Non-GAAP Amounts – Continued<\/b><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

The following tables summarize the percentage change in the 2021 results compared to the 2020 results for the corresponding periods.<\/td>\n<\/tr>\n
\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

Three Months Ended June 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

Revenue<\/b><\/td>\n\n\n\n

Total<\/b><\/p>\n<\/td>\n

\n\n

Foreign
\n
Exchange
\n
Rates<\/b><\/p>\n<\/td>\n

\n\n

Adjustments(2)<\/sup><\/b><\/p>\n<\/td>\n

\n\n

Adjusted
\n
Local
\n
Currency <\/b><\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n\n

\n(2.3%)\n<\/p>\n<\/td>\n

\n\n

\n3.7%\n<\/p>\n<\/td>\n

\n\n

\n(15.1%)\n<\/p>\n<\/td>\n

\n\n

\n9.1%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n9.8%\n<\/p>\n<\/td>\n

\n\n

\n5.3%\n<\/p>\n<\/td>\n

\n\n

\n(2.6%)\n<\/p>\n<\/td>\n

\n\n

\n7.1%\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n15.9%\n<\/p>\n<\/td>\n

\n\n

\n5.5%\n<\/p>\n<\/td>\n

\n\n

\n(0.9%)\n<\/p>\n<\/td>\n

\n\n

\n11.3%\n<\/p>\n<\/td>\n<\/tr>\n

Total Revenue<\/b><\/td>\n\n\n\n

3.9%<\/b><\/p>\n<\/td>\n

\n\n

4.4%<\/b><\/p>\n<\/td>\n

\n\n

(9.6%)<\/b><\/p>\n<\/td>\n

\n\n

9.1%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating Income<\/b><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n\n

\n7.8%\n<\/p>\n<\/td>\n

\n\n

\n3.1%\n<\/p>\n<\/td>\n

\n\n

\n(8.5%)\n<\/p>\n<\/td>\n

\n\n

\n13.2%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n15.1%\n<\/p>\n<\/td>\n

\n\n

\n5.4%\n<\/p>\n<\/td>\n

\n\n

\n4.5%\n<\/p>\n<\/td>\n

\n\n

\n5.2%\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n19.5%\n<\/p>\n<\/td>\n

\n\n

\n(0.6%)\n<\/p>\n<\/td>\n

\n\n

\n(1.5%)\n<\/p>\n<\/td>\n

\n\n

\n21.6%\n<\/p>\n<\/td>\n<\/tr>\n

Corporate & Other<\/td>\n\n\n\n

\n160.9%\n<\/p>\n<\/td>\n

\n\n

\n0.1%\n<\/p>\n<\/td>\n

\n\n

\n131.4%\n<\/p>\n<\/td>\n

\n\n

\n29.4%\n<\/p>\n<\/td>\n<\/tr>\n

Total Operating Income<\/b><\/td>\n\n\n\n

(15.1%)<\/b><\/p>\n<\/td>\n

\n\n

4.5%<\/b><\/p>\n<\/td>\n

\n\n

(25.4%)<\/b><\/p>\n<\/td>\n

\n\n

5.8%<\/b><\/p>\n<\/td>\n<\/tr>\n

Diluted Earnings Per Share<\/b><\/td>\n\n\n\n

(15.3%)<\/b><\/p>\n<\/td>\n

\n\n

5.5%<\/b><\/p>\n<\/td>\n

\n\n

(29.4%)<\/b><\/p>\n<\/td>\n

\n\n

8.6%<\/b><\/p>\n<\/td>\n<\/tr>\n

Adjusted EBITDA<\/b><\/td>\n\n\n\n

10.4%<\/b><\/p>\n<\/td>\n

\n\n

4.4%<\/b><\/p>\n<\/td>\n

\n\n

N\/A<\/b><\/p>\n<\/td>\n

\n\n

6.0%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

Six Months Ended June 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

Revenue<\/b><\/td>\n\n\n\n

Total<\/b><\/p>\n<\/td>\n

\n\n

Foreign
\n
Exchange
\n
Rates<\/b><\/p>\n<\/td>\n

\n\n

Adjustments(2)<\/sup><\/b><\/p>\n<\/td>\n

\n\n

Adjusted
\n
Local
\n
Currency <\/b><\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n\n

\n2.8%\n<\/p>\n<\/td>\n

\n\n

\n3.1%\n<\/p>\n<\/td>\n

\n\n

\n(9.3%)\n<\/p>\n<\/td>\n

\n\n

\n9.0%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n1.6%\n<\/p>\n<\/td>\n

\n\n

\n3.8%\n<\/p>\n<\/td>\n

\n\n

\n(4.5%)\n<\/p>\n<\/td>\n

\n\n

\n2.3%\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n13.4%\n<\/p>\n<\/td>\n

\n\n

\n5.7%\n<\/p>\n<\/td>\n

\n\n

\n(0.1%)\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n<\/tr>\n

Total Revenue<\/b><\/td>\n\n\n\n

3.2%<\/b><\/p>\n<\/td>\n

\n\n

3.5%<\/b><\/p>\n<\/td>\n

\n\n

(6.7%)<\/b><\/p>\n<\/td>\n

\n\n

6.4%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating Income<\/b><\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Flavors & Extracts<\/td>\n\n\n\n

\n18.2%\n<\/p>\n<\/td>\n

\n\n

\n2.6%\n<\/p>\n<\/td>\n

\n\n

\n(1.5%)\n<\/p>\n<\/td>\n

\n\n

\n17.1%\n<\/p>\n<\/td>\n<\/tr>\n

Color<\/td>\n\n\n\n

\n0.5%\n<\/p>\n<\/td>\n

\n\n

\n4.1%\n<\/p>\n<\/td>\n

\n\n

\n1.4%\n<\/p>\n<\/td>\n

\n\n

\n(5.0%)\n<\/p>\n<\/td>\n<\/tr>\n

Asia Pacific<\/td>\n\n\n\n

\n26.6%\n<\/p>\n<\/td>\n

\n\n

\n0.3%\n<\/p>\n<\/td>\n

\n\n

\n(0.3%)\n<\/p>\n<\/td>\n

\n\n

\n26.6%\n<\/p>\n<\/td>\n<\/tr>\n

Corporate & Other<\/td>\n\n\n\n

\n17.0%\n<\/p>\n<\/td>\n

\n\n

\n0.1%\n<\/p>\n<\/td>\n

\n\n

\n(7.1%)\n<\/p>\n<\/td>\n

\n\n

\n24.0%\n<\/p>\n<\/td>\n<\/tr>\n

Total Operating Income<\/b><\/td>\n\n\n\n

7.8%<\/b><\/p>\n<\/td>\n

\n\n

4.3%<\/b><\/p>\n<\/td>\n

\n\n

0.6%<\/b><\/p>\n<\/td>\n

\n\n

2.9%<\/b><\/p>\n<\/td>\n<\/tr>\n

Diluted Earnings Per Share<\/b><\/td>\n\n\n\n

12.4%<\/b><\/p>\n<\/td>\n

\n\n

5.0%<\/b><\/p>\n<\/td>\n

\n\n

1.8%<\/b><\/p>\n<\/td>\n

\n\n

5.6%<\/b><\/p>\n<\/td>\n<\/tr>\n

Adjusted EBITDA<\/b><\/td>\n\n\n\n

7.5%<\/b><\/p>\n<\/td>\n

\n\n

3.5%<\/b><\/p>\n<\/td>\n

\n\n

N\/A<\/b><\/p>\n<\/td>\n

\n\n

4.0%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

(2)<\/sup> For Revenue, adjustments consist of revenues of the divested product lines. For Operating Income, Diluted Earnings per Share, and Adjusted EBITDA, adjustments consist of the results of the divested product lines, divestiture & other related costs, and 2021 operational improvement plan costs and income.<\/i><\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
The following table summarizes the reconciliation between Operating Income (GAAP) and Adjusted EBITDA for the three and six months ended June 30, 2021 and 2020.<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\nThree Months Ended June 30,<\/b><\/td>\n\nSix Months Ended June 30,<\/b><\/td>\n<\/tr>\n
\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2021<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

% Change<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2021<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

% Change<\/b><\/p>\n<\/td>\n<\/tr>\n

Operating income (GAAP)<\/b><\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n35,753\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n42,125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(15.1%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n82,650\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n76,686\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.8%\n<\/p>\n<\/td>\n<\/tr>\n

Depreciation and amortization<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n13,018\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,118\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n25,817\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n24,522\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n<\/tr>\n
Depreciation and amortization, divested product lines<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(48\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(16\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(97\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(96\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n<\/tr>\n
Share-based compensation expense<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,075\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,485\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,188\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,662\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n<\/tr>\n
Divestiture & other related costs, before tax<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n11,688\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,527\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n13,260\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,316\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n<\/tr>\n
Results of operations of the divested product lines, before tax<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n459\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(331\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,468\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,716\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n<\/tr>\n
Operational improvement plan costs (income), before tax<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(3,494\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,493\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n–\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n<\/tr>\n
Adjusted EBITDA<\/b><\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n59,451\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n53,854\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n10.4%\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n120,857\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n112,374\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n7.5%\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
The following table summarizes the reconciliation between Net cash provided by operating activities (GAAP) and Free Cash Flow for the three and six months ended June 30, 2021 and 2020.<\/td>\n<\/tr>\n
\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\nThree Months Ended June 30,<\/b><\/td>\n\nSix Months Ended June 30,<\/b><\/td>\n<\/tr>\n
\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2021<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

% Change<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2021<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

% Change<\/b><\/p>\n<\/td>\n<\/tr>\n

Net cash provided by operating activities (GAAP)<\/b><\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n60,297\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n70,686\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(14.7%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n89,261\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n107,614\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(17.1%)\n<\/p>\n<\/td>\n<\/tr>\n

Capital expenditures<\/td>\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(11,306\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(12,006\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(25,550\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(21,417\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n<\/tr>\n
Free Cash Flow<\/b><\/td>\n\n\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n48,991\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n58,680\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(16.5%)\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n63,711\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n86,197\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n(26.1%)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sensient Technologies Corporation<\/b><\/td>\n\n\n\n<\/tr>\n
(In thousands, except percentages) <\/b><\/i><\/td>\n\n\n\n<\/tr>\n
(Unaudited)<\/b><\/i><\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
The following table summarizes the reconciliation between Forecasted GAAP Tax Rate and Forecasted Adjusted Tax Rate for the last six months of 2021.<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\nLast Six Months of 2021<\/b><\/td>\n\n<\/tr>\n
Forecasted GAAP Tax Rate<\/b><\/td>\n\n\n

\n24%\n<\/p>\n<\/td>\n

\n<\/tr>\n
Forecasted tax impact of divestiture and other related costs,<\/td>\n\n\n\n<\/tr>\n
the results of operations of the divested product lines, and the<\/td>\n\n\n\n<\/tr>\n
operational improvement plan costs<\/td>\n\n\n

\n(2%)\n<\/p>\n<\/td>\n

\n<\/tr>\n
Forecasted Adjusted Tax Rate<\/b><\/td>\n\n\n

\n22%\n<\/p>\n<\/td>\n

\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
We have included each of these non-GAAP measures in order to provide additional information regarding our underlying operating results and comparable period-over-period performance. Such information is supplemental to information presented in accordance with GAAP and is not intended to represent a presentation in accordance with GAAP. These non-GAAP measures should not be considered in isolation. Rather, they should be considered together with GAAP measures and the rest of the information included in this release and our SEC filings. Management internally reviews each of these non-GAAP measures to evaluate performance on a comparative period-to-period basis and to gain additional insight into underlying operating and performance trends, and we believe the information can be beneficial to investors for the same purposes. These non-GAAP measures may not be comparable to similarly titled measures used by other companies.<\/td>\n<\/tr>\n<\/table>\n

\nCategory: Earnings\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210723005039\/en\/<\/a><\/span><\/p>\n

\nAmy Agallar
\n
(414) 347-3706\n<\/p>\n

KEYWORDS:<\/b> United States North America Asia Pacific Wisconsin<\/p>\n

INDUSTRY KEYWORDS:<\/b> Packaging Chemicals\/Plastics Manufacturing Food\/Beverage Health Cosmetics Pharmaceutical Retail Supply Chain Management<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021 Reported Consolidated Revenue Growth of 3.9% Adjusted Consolidated Local Currency Revenue Growth of 9.1% \u00a0 Sensient Expects to be at or Above Previously Issued 2021 Guidance MILWAUKEE–(BUSINESS WIRE)– Sensient Technologies Corporation (NYSE: SXT) reported consolidated revenue of $335.8 million in this year\u2019s second quarter compared to $323.1 million in last year\u2019s second quarter. Reported operating income in the second quarter of 2021 was $35.8 million compared to $42.1 million in the second quarter of 2020. Reported diluted earnings per share was 61 cents in the second quarter of 2021 compared to 72 cents in the second quarter of 2020. Foreign currency translation increased revenue and earnings per share … <\/p>\n

Continue reading “Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516963","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sensient-technologies-corporation-reports-results-for-the-quarter-ended-june-30-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2021 Reported Consolidated Revenue Growth of 3.9% Adjusted Consolidated Local Currency Revenue Growth of 9.1% \u00a0 Sensient Expects to be at or Above Previously Issued 2021 Guidance MILWAUKEE–(BUSINESS WIRE)– Sensient Technologies Corporation (NYSE: SXT) reported consolidated revenue of $335.8 million in this year\u2019s second quarter compared to $323.1 million in last year\u2019s second quarter. Reported operating income in the second quarter of 2021 was $35.8 million compared to $42.1 million in the second quarter of 2020. Reported diluted earnings per share was 61 cents in the second quarter of 2021 compared to 72 cents in the second quarter of 2020. 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Reported operating income in the second quarter of 2021 was $35.8 million compared to $42.1 million in the second quarter of 2020. Reported diluted earnings per share was 61 cents in the second quarter of 2021 compared to 72 cents in the second quarter of 2020. 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