Sensient Technologies Corporation · NYSE:SXT
Sensient Technologies — 2022 Baird Global Industrial Conference
12 slides from Sensient Technologies's conference presentation, Nov 8, 2022
Slide 1: 2022 Baird Global Industrial Conference
2022 Baird Global Industrial Conference Wednesday, November 9, 2022 Paul Manning Chairman of the Board, President and Chief Executive Officer Steve Rolfs Senior Vice President and Chief Financial Officer
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS 2 This document contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors
Slide 3: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES 2 Within this document, the Company reports certain non-GAAP financial measures, including: (1) adjusted revenue, adjusted operating income, and adjusted operating margin (which exclude divestiture & other related costs, the results of the divested product lines, and rest
Slide 4: Sensient Technologies Corporation
Sensient Technologies Corporation 2 Provider of customized solutions for the food and beverage, pharmaceutical, and personal care markets Global market leader offering an extensive portfolio of natural flavor and color technology platforms and solutions Exceptional innovation & applications expertis
Slide 5: Sensient Portfolio
5 Sensient Portfolio 2021 Global Revenues include intercompany sales which are eliminated on a consolidated basis. *Adj. Revenue is a Non-GAAP metric, please see our GAAP to Non-GAAP Reconciliation at the end of this document. Color Group 2021 Revenue: $545M 2021 Adj. Revenue*: $543M Core Areas of F
Slide 6: 2022 September YTD Performance
6 2022 September YTD Performance Local Currency Adjusted Revenue* Local Currency Adjusted Operating Income* Adjusted Operating Margin* Color +16.0% +17.3% Flat Flavors & Extracts +6.9% +14.6% +120 bps Asia Pacific +17.2% +29.6% +180 bps Consolidated +11.0% +16.7% +60 bps * Local-currency (LC) adjust
Slide 7: Why Invest?
7 Why Invest? Strong competitive position ‘Sticky’ business (& low portion of customer costs) Global presence Exposure to stable and growing markets Focused on improving returns and on growth
Slide 8: Appendix
APPENDIX *Amounts in thousands, except percentages
Slide 9: Non-GAAP Financial Measures: Results by Segment
Non-GAAP Financial Measures Results by Segment Revenue 2021 Adjustments* 2021 Flavors & Extracts $ 739,427 $ (27,837) $ 711,590 Color 545,270 (2,080) 543,190 Asia Pacific 135,348 (295) 135,053 Intersegment elimination (39,781) 150 (39,631) Consolidated $ 1,380,264 $ (30,062) $ 1,350,202 Year Ended D
Slide 10: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) 12 Revenue Total Foreign Exchange Rates Adjustments* Adjusted Local Currency Flavors & Extracts (0.5%) (2.4%) (5.0%) 6 Color 11.8% (3.8%) (0.4%) Asia Pacific 9.5% (7.4%) Total Revenue 4.7% (3.3%) Operating Income Flavors & Extracts Color Asia Pacific Corporate &
Slide 11: Non-GAAP Financial Measures (Cont'd) Results by Segment
Non-GAAP Financial Measures (Cont’d) Results by Segment Nine Months Ended September 30, * For Revenue, adjustments consist of revenues of the divested product lines. For Operating Income, adjustments consist of the results of the divested product lines, divestiture & other related costs, and 2021 op
Slide 12: Sensient
i, SENSIENT —> SENSIENT a2
Sensient Technologies — 2022 Baird Global Industrial Conference on 6ix