Strong Fourth Quarter Performance
Sensient Technologies delivered 8.9% local currency revenue growth, 18.8% local currency adjusted EBITDA growth, and 29.4% local currency adjusted EPS growth in Q4 2024.
Full Year 2024 Growth
For the full year of 2024, Sensient achieved 7.4% local currency revenue growth and 8.3% local currency adjusted EBITDA growth across all groups.
Color Group Success
The Color Group saw 14% local currency revenue growth and 27.4% local currency operating profit growth in Q4, with a full year adjusted EBITDA margin improvement to 22.1%.
Asia Pacific Group Expansion
The Asia Pacific Group experienced 25.2% local currency revenue growth and 41.7% local currency operating profit growth in Q4.
Reduction in Leverage
Sensient reduced its leverage ratio from 2.6 at the end of 2023 to 2.3 at the end of 2024.
Strategic Acquisition
Acquired Seoli, a French startup, to enhance natural color extraction processes, benefiting the personal care product line.