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.
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