In Q2 2024, Sensient Technologies Corporation reported a robust revenue increase of 7.8% year-over-year, driven primarily by a solid growth in local currency sales across all segments, and particularly in the Flavors & Extracts Group, which achieved an impressive 11% growth. Despite challenges with input costs impacting margins, management expressed optimism about future performance, forecasting continued growth in sales volume and profitability. This confidence comes from a strong sales pipeline, improving cost structures, and successful new product launches across the company’s key divisions. The outlook for the remainder of 2024 is positive, with management raising revenue and EBITDA guidance to mid- to high-single digits.