UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-07626 Sensient Technologies Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-0561070 (State or o ...

Financial Data and Key Metrics Changes - Revenue for the third quarter of 2023 was $363.8 million, compared to $361.1 million in the same period last year, indicating a slight increase [19] - Operating income decreased to $44.5 million from $47.5 million year-over-year [19] - Local currency adjusted EBITDA was down about 7%, primarily due to destocking impacts and volume declines [10][17] - Diluted earnings per share (EPS) were $0.75, down from $0.85 in the previous year [19] - Interest expense increased to $6.3 million from $3.7 million year-over-year [19] Business Line Data and Key Metrics Changes - The Flavors and Extracts Group experienced a revenue decline of less than 1% in local currency, with sequential improvements anticipated [31] - The Color Group's revenue was down 8% in local currency, with operating profit down approximately 23% due to destocking and market demand declines [13] - The Asia-Pacific Group saw local currency revenue growth of approximately 4% in the third quarter, benefiting from new sales wins and pricing [16] Market Data and Key Metrics Changes - Customer destocking was most pronounced in the Color Group, with gradual improvement noted in the Flavors Group [5][7] - Lower volumes were observed across many market categories in the Americas, while Europe showed moderate improvement [5] - Destocking impacts varied by geography and product mix, with the Asia-Pacific Group experiencing less severe effects compared to the Flavors and Color Groups [7][16] Company Strategy and Development Direction - The company continues to focus on customer service, on-time delivery, and minimizing attrition of existing sales [6] - Strategic investments are being made in inventory for the natural ingredients business within the Flavors and Extracts Group [20] - The company anticipates a much improved picture in 2024, with expectations of mid-single digit local currency revenue growth for the Flavors and Extracts Group and Color Group [16][17] Management's Comments on Operating Environment and Future Outlook - Management views 2023 as a transition year, with expectations for improved sales and volume recovery in 2024 as destocking pressures ease [17][25] - There is optimism regarding new product wins and a potential increase in advertising spend from customers to support volume growth [66] - Management believes that the destocking trend cannot continue indefinitely and expects a return to more normalized order patterns [25][70] Other Important Information - Capital expenditures for the third quarter were $22.6 million, with expectations to total around $85 million for the year [20] - The company maintains a net debt-to-credit adjusted EBITDA ratio of 2.6, indicating a well-positioned balance sheet [20] Q&A Session Summary Question: Can you disaggregate price versus volume across the three operating segments? - The Color Group saw about 6% price increase but an 8% volume decline, indicating significant destocking impact [35] Question: What is the outlook for 2024 in terms of volumes? - Management is optimistic about new product wins and expects volume growth to begin in early 2024 as destocking pressures ease [36][70] Question: How will the ban on Red Dye No. 3 impact Sensient? - Management views the ban as an opportunity for natural color alternatives, indicating readiness for market transitions [42][68] Question: Why was there no downgrade on EBITDA despite the downgrade on the top line? - The company maintains its EBITDA guidance, with the revenue downgrade impacting EPS due to higher interest expenses [52][53] Question: What is the shape of recovery expected post-destocking? - Management anticipates revenue and volume improvements first, followed by operating profit recovery, with hopes for a positive start in 2024 [56][57]

Third Quarter 2023 Investor Presentation This document contains statements that may constitute "forward-looking statements" within the meaning of Federal securities laws including under "2023 Financial Outlook" in this presentation. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors concerning the Company's operations and business environment. Important factors that could cause actual results to differ materially from ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-07626 Sensient Technologies Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-0561070 (State or oth ...

Sensient Technologies Corp (NYSE:SXT) Q2 2023 Earnings Conference Call July 21, 2023 9:30 AM ET Corporate Participants Stephen Rolfs - Senior Vice President and Chief Financial Officer Paul Manning - Chairman, Chief Executive Officer and President Conference Call Participants Ghansham Panjabi - Baird David Green - Boldhaven Operator Good morning and welcome to the Sensient Technologies Corporation 2023 Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-07626 Sensient Technologies Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-0561070 (State or ot ...

Sensient Technologies Corp (NYSE:SXT) Q1 2023 Earnings Conference Call April 28, 2023 9:30 AM ET Company Participants Stephen Rolfs - SVP & CFO Paul Manning - Chairman, CEO & President Conference Call Participants Ghansham Panjabi - Robert W. Baird & Co. Heidi Vesterinen - BNP Paribas Exane Mitra Ramgopal - Sidoti & Company David Green - Boldhaven Operator Good morning and welcome to the Sensient Technologies Corporation 2023 First Quarter Earnings Conference Call. All participants will be in listen-only mo ...

SENSIENT® This document contains statements that may constitute "forward-looking statements" within the meaning of Federal securities laws including under "2023 Financial Outlook" in this presentation. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors concerning the Company's operations and business environment. Important factors that could cause actual results to differ materially from those suggested by these forwa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-07626 Sensient Technologies Corporation WISCONSIN 39-0561070 (State of Incorporation) (IRS Employer Identification Number) 777 EAST WISCONSIN AVENUE MILWAUKEE, WISCONSIN 53202-53 ...

Sensient Technologies Corp (NYSE:SXT) Q4 2022 Earnings Conference Call February 10, 2023 9:30 AM ET Company Participants Stephen Rolfs - SVP & CFO Paul Manning - Chairman, CEO & President Conference Call Participants Ghansham Panjabi - Robert W. Baird & Co. Heidi Vesterinen - BNP Paribas Exane Mitra Ramgopal - Sidoti & Company David Green - Boldhaven Operator Good morning and welcome to the Sensient Technologies Corporation 2022 Fourth Quarter and Year-End Earnings Conference Call. [Operator Instructions]. ...