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The CW75 index declined 0.39% for the week ended April 28, underperforming the S&P 500 and MSCI World Index. This marks the second consecutive weekly drop for the index tracking Sensient Technologies.
Sensient Technologies reported Q1 net income up 24.5% to $66.7 million, surpassing analyst estimates as revenue grew 11.1% driven by volume and price increases in its Flavors and Colors segments.
Sensient Technologies reported adjusted earnings of 72 cents per share, missing analyst estimates due to reduced volumes in its flavors and extracts segments.
ChemBrief