USA: Sensient not flavour of the month as it cuts 200 jobs
Ingredient manufacturer Sensient Technologies said it was cutting 200 jobs to eliminate costs after reporting lower first quarter earnings on Thursday. The maker of colours, flavours, and fragrances for the food industry, said earnings from continuing operations were US$11.0m in the quarter ending 31 March, compared to US$19.2m reported a year earlier. Revenue was down to US$195.7m from US$205.2m for the same period.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega
- Nestle mum on Mead Johnson takeover talk