Sensient Technologies

Sensient Technologies Corporation Reports Results for the Quarter Ended December 31, 2023

Retrieved on: 
Thursday, February 8, 2024

Segment operating income was $18.1 million in the fourth quarter of 2023, a decrease of $3.4 million compared to the prior year’s fourth quarter.

Key Points: 
  • Segment operating income was $18.1 million in the fourth quarter of 2023, a decrease of $3.4 million compared to the prior year’s fourth quarter.
  • Segment operating income was $21.3 million in the fourth quarter of 2023, a decrease of $3.2 million compared to the prior year’s fourth quarter results.
  • The Asia Pacific Group reported revenue of $33.2 million in the fourth quarter of 2023, a decrease of $1.4 million compared to the prior year’s fourth quarter.
  • Segment operating income was $5.9 million in the quarter, a decrease of $0.7 million compared to the prior year’s fourth quarter.

Sensient Announces Conference Call

Retrieved on: 
Friday, January 26, 2024

Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 fourth quarter and year-end results at 8:30 a.m. CST on Friday, February 9, 2024.

Key Points: 
  • Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 fourth quarter and year-end results at 8:30 a.m. CST on Friday, February 9, 2024.
  • 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 will be available on the Investor Information section of the Company’s web site at www.sensient.com .
  • A replay of the call will be available one hour after the end of the conference call through February 16, 2024, by calling (877) 344-7529 and using access code 4647643.

Sensient Declares Dividend

Retrieved on: 
Friday, January 19, 2024

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on March 1, 2024, to shareholders of record on February 6, 2024.

Key Points: 

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on March 1, 2024, to shareholders of record on February 6, 2024.

Antimicrobial Plastics Market to Reach $55.12 Billion, Globally, by 2030 at 7.9% CAGR: Coherent Market Insights (CMI)

Retrieved on: 
Tuesday, January 9, 2024

The antimicrobial plastics market is driven by two primary factors – the growing awareness regarding health and hygiene and the rising demand for antimicrobial packaging solutions.

Key Points: 
  • The antimicrobial plastics market is driven by two primary factors – the growing awareness regarding health and hygiene and the rising demand for antimicrobial packaging solutions.
  • Increasing Adoption of Antimicrobial Plastics in the Healthcare Industry: The healthcare industry has been witnessing a rapid adoption of antimicrobial plastics for various applications.
  • Rising Demand for Sustainable Antimicrobial Plastics: With growing environmental concerns, there is a rising demand for sustainable and eco-friendly antimicrobial plastics.
  • Read complete market research report," Antimicrobial Plastics Market, By Product, By Application, By Geography, Market Size And Share Analysis - Growth Trends And Forecasts 2023-2030 ", Published by Coherent Market Insights.

Antimicrobial Plastics Market to Reach $55.12 Billion, Globally, by 2030 at 7.9% CAGR: Coherent Market Insights (CMI)

Retrieved on: 
Tuesday, January 9, 2024

The antimicrobial plastics market is driven by two primary factors – the growing awareness regarding health and hygiene and the rising demand for antimicrobial packaging solutions.

Key Points: 
  • The antimicrobial plastics market is driven by two primary factors – the growing awareness regarding health and hygiene and the rising demand for antimicrobial packaging solutions.
  • Increasing Adoption of Antimicrobial Plastics in the Healthcare Industry: The healthcare industry has been witnessing a rapid adoption of antimicrobial plastics for various applications.
  • Rising Demand for Sustainable Antimicrobial Plastics: With growing environmental concerns, there is a rising demand for sustainable and eco-friendly antimicrobial plastics.
  • Read complete market research report," Antimicrobial Plastics Market, By Product, By Application, By Geography, Market Size And Share Analysis - Growth Trends And Forecasts 2023-2030 ", Published by Coherent Market Insights.

Food Additives Market worth $96.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

CHICAGO, Dec. 21, 2023 /PRNewswire/ -- The Food Additives Market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% from 2023 to 2028 according to a report published by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Dec. 21, 2023 /PRNewswire/ -- The Food Additives Market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% from 2023 to 2028 according to a report published by MarketsandMarkets™.
  • The food additives market is experiencing growth due to increasing consumer demand for natural and clean-label products, the expansion of the food and beverage industry , and technological advancements in food processing.
  • The food additives market is expanding due to consumer demand for natural, healthy, and transparent products driving the market.
  • The upswing in the Asia Pacific food additives market is fueled by surging demand for clean-label and natural additives.

Food Additives Market worth $96.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

CHICAGO, Dec. 21, 2023 /PRNewswire/ -- The Food Additives Market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% from 2023 to 2028 according to a report published by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Dec. 21, 2023 /PRNewswire/ -- The Food Additives Market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% from 2023 to 2028 according to a report published by MarketsandMarkets™.
  • The food additives market is experiencing growth due to increasing consumer demand for natural and clean-label products, the expansion of the food and beverage industry , and technological advancements in food processing.
  • The food additives market is expanding due to consumer demand for natural, healthy, and transparent products driving the market.
  • The upswing in the Asia Pacific food additives market is fueled by surging demand for clean-label and natural additives.

Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2023

Retrieved on: 
Friday, October 20, 2023

Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.

Key Points: 
  • Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.
  • The Color Group reported revenue of $145.0 million in the quarter, a decrease of $6.5 million compared to the prior year’s third quarter.
  • Segment operating income was $22.9 million in the quarter, a decrease of $5.3 million compared to the prior year’s third quarter results.
  • The Company will host a conference call to discuss its 2023 third quarter financial results at 8:30 a.m. CDT on Friday, October 20, 2023.

Sensient Declares Dividend

Retrieved on: 
Thursday, October 19, 2023

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on December 1, 2023, to shareholders of record on November 6, 2023.

Key Points: 

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on December 1, 2023, to shareholders of record on November 6, 2023.

Sensient Announces Conference Call

Retrieved on: 
Friday, October 6, 2023

Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 third quarter results at 8:30 a.m. CDT on Friday, October 20, 2023.

Key Points: 
  • Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2023 third quarter results at 8:30 a.m. CDT on Friday, October 20, 2023.
  • 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 will be available on the Investor Information section of the Company’s web site at www.sensient.com .
  • A replay of the call will be available one hour after the end of the conference call through October 27, 2023, by calling (877) 344-7529 and using access code 2925227.