Sensient Profit Rises

Sensient Technologies(SXT Quote), a manufacturer of colors, flavors and fragrances, said its second-quarter earnings rose 16.4% from a year ago.

The Milwaukee-based company earned $18.5 million, or 40 cents a share, in the quarter, compared with $15.9 million, or 34 cents a share, a year ago. Results include a gain of about one cent a share from the sale of a noncore minority investment. Analysts polled by Thomson First Call were expecting earnings of 33 cents a share in the most recent quarter.

Second-quarter revenue rose 7% to $282.2 million. ...