Ingredient manufacturer Sensient Technologies said it was cutting 200 jobs to eliminate costs after reporting lower first quarter earnings on Thursday.

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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.


The company, which employs a workforce of 3,700 worldwide, said it was seeking to eliminate US$7m in costs as part of a drive to improve operating costs.

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