https://www.avient.com/sites/default/files/2021-03/avient-march-ir-fermium_0.pdf
Unless otherwise stated, Operating Income, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
Unless otherwise stated, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
Unless otherwise stated, Operating Income, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
Unless otherwise stated, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
2021 PE RF O RM AN CE
$80
$85
$0.52
$0.58
Q4 2021 PERFORMANCE
Sales Adjusted Operating Income
$997
$1,202
+ 21%
Adjusted EPS
+ 6% + 12%
(in millions) (in millions)
$308
$429
$1.93
$3.05
FULL YEAR 2021 PERFORMANCE
Sales Adjusted Operating Income
$3,783
$4,819
+ 27%
Adjusted EPS
+ 39% + 58%
(in millions) (in millions)
(1) (1) (1)
FULL YEAR 2021 SEGMENT PERFORMANCE
6
$2,043
$2,402
SEM Distribution
$226
$303
+ 18% + 34%
$1,110
$1,631
$70
$93
+ 47% + 33%
$709
$919
$94
$132
+ 30% + 40%
Full Year 2020 (Pro forma) $3,783 $308
Sustainable Solutions 147 19% 60
Healthcare 143 28% 30
Composites 58 43% 29
Growth in Asia / LATAM 107 21% 26
Other 543 30% 58
Sub-total $4,781 26% $511
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (22) (12)
Synergies 44
FX, Incentives, Other Employee Costs 60 (60)
Full Year 2021 $4,819 27% $429
FULL YEAR 2021 SALES AND OPERATING INCOME
Sales Growth Rate
Operating
Income$ millions
8
Full Year 2020 (Pro forma) $ 457
Demand 135
$ millions
CAI:
Price / Mix 158
Inflation (120)
SEM:
Price / Mix 84
Inflation (65)
Distribution:
Price / Mix 318
Inflation (304)
Net Price Benefit 71
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (12)
Synergies 44
Incentives, FX, Other Employee Costs (60)
Full Year 2021 $ 581
• Demand impact driven by growth
in key focus areas: sustainable
solutions, healthcare, composites
and growth in Asia / LATAM
• Price increases more than offset
raw material and supply chain
impacts
FULL YEAR 2021 EBITDA BRIDGE
SPECIALTY EBITDA MARGIN EXPANSION
9
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business
15.3% 15.2%
16.2%
17.0%
2018 2019 2020 2021
14.8%
15.2%
17.6% 17.8%
2018 2019 2020 2021
SEM
• Record margins in 2021 despite
unprecedented supply chain challenges
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drove
growth and mix improvements
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.