Sensient(US:SXT)2025-04-25 16:36Q1 2025 Financial Performance - Consolidated revenue increased by 20% to $392325 thousand[37], with local currency revenue up by 41%[38] - Adjusted EBITDA increased by 101% to $74368 thousand[37], resulting in an adjusted EBITDA margin of 190%, a 110 bps improvement[38] - Adjusted diluted EPS increased by 114% to $086[37] Segment Performance (Local Currency Revenue Growth) - Color Group revenue increased by 82%[47] driven by new sales wins in natural colors[12] Adjusted EBITDA Margin was 244%[13], up 120 bps from Q1 2024[13] - Flavors & Extracts Group revenue increased by 17%[47] due to strong growth within Flavors, Extracts, and Flavor Ingredients[16] Adjusted EBITDA Margin was 169%[17], up 70 bps from Q1 2024[17] - Asia Pacific Group revenue increased by 48%[47] driven by new sales wins across the region[20] Adjusted EBITDA Margin was 239%[21], up 50 bps from Q1 2024[21] 2025 Outlook - The company anticipates a mid-single-digit growth rate for local currency revenue[22] and a mid-to-high single-digit growth rate for local currency adjusted EBITDA[23] - The company projects a high single-digit to double-digit growth rate for local currency adjusted EPS[24] - Capital expenditures are expected to be between $80 million and $90 million[41] Strategic Initiatives - The company is focusing on synthetic to natural color conversion, with approximately $110 million in synthetic colors revenue for the food and pharmaceutical market in the US and selectively throughout Latin America[29] - The company is expanding capabilities and capacity to meet rising demand for natural colors[30] Debt and Cash Flow - Net cash used in operating activities was $9 million in Q1 2025, primarily due to higher incentive-based compensation payments[40] - Net debt to credit adjusted EBITDA was 25x in Q1 2025, down from 26x in Q1 2024[40]