Sensient Technologies reports record earnings for 1Q 2009.Sensient Technologies Corporation Sensient Technologies (NYSE: SXT) is a leading global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used to make a diverse variety of foods and beverages, pharmaceuticals, cosmetics, home and personal care reported that diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of for the three months ended March 31, 2009, reached 45 cents, a record level for the company's first quarter. Diluted earnings per share for the prior year's comparable period were 43 cents. Consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: revenue for the first quarter of 2009 was $282.8 million compared to $307.4 million in the first quarter of 2008. "We have delivered our 13th consecutive quarter of increased earnings, despite a challenging economic environment," said Kenneth P. Manning, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sensient Technologies. "Our Flavors & Fragrances business delivered solid local currency growth this quarter across all major markets." |
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