https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
In addition, the acquisition of Clariant’s color business in July 2020 has been
transformational to our portfolio and helped us become the specialty formulator we are today.
The non-GAAP financial measures include: adjusted EPS, adjusted
operating income, free cash flow, adjusted EBITDA and net debt.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Sales $ 1,201.5 $ 997.0 $ 4,818.8 $ 3,242.1
Operating Income 74.0 65.0 381.2 189.3
Net income from continuing operations attributable to Avient
shareholders 29.8 74.2 230.8 132.0
Basic earnings per share from continuing operations attributable to
Avient shareholders $ 0.33 $ 0.81 $ 2.53 $ 1.47
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.32 $ 0.81 $ 2.51 $ 1.46
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and
diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
https://www.avient.com/knowledge-base/case-study/brooks-running-sets-pace-growth
Brooks Running Company enjoys a long history of keeping customers running longer, farther, faster and free from injury.
The Brooks design team members turned to Avient for help developing a solution that would work seamlessly with Brooks’ proprietary TPE blend used in the shoe's midsoles.
Switching to Avient's GLS™ TPEs enabled Brooks to move to a single injection molding process, yielding a 30-40 percent reduction in energy usage and a projected savings of $80,000 to $100,000 annually.
https://www.avient.com/investors/financials
Why Invest In Avient?
Portfolio: Aligned to high-growth market segments and secular trends
Avient Company Officers
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Adjusted EPS expands 15% to a new first quarter record of $0.68 driven by a 20% increase in operating income from Color, Additives and Inks
Adjusted earnings per share expanded to
from
https://www.avient.com/sites/default/files/2023-06/Cesa_ Stat Antistatic Additives for Automotive - Application Bulletin.pdf
Cesa™ Stat OCA0025695 reduces
electric charges with a sustainable
antistatic effect and keeps the surface
dust-free and clean.
Avient makes no warranties
or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
The Cesa Stat Antistatic Additives portfolio provides
the following advantages:
• Very good processability
• Permanently active through the part service time
• Not influenced by humidity
• Washing resistant
• Easy to print
• No influence on color, transparent in some
polymers
• Low dosage
• Low VOC’s
• Worldwide availability
Please contact your local Avient representative
for more information on our solutions for the
automotive industry or other applications.
https://www.avient.com/knowledge-base/article/using-tpes-white-or-light-colored-phone-cases
Using a blue jean stain resistant TPE will help expand your color options, offering consumers products that are both on trend and long lasting.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520KeyBanc%2520Conference%2520-%2520September%252014%25202016.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
Factors that could cause actual results to differ materially from those implied by these forward looking statements include but are not limited to: Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
Our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities;
The timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of
service or quality caused by such closings and/or production shifts;
Separation and severance amounts that differ from original estimates;
Amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from
original estimates;
Our ability to identify and evaluate acquisition targets and consummate acquisitions;
The ability to successfully integrate acquired companies into our operations, such as Gordon Composites and Polystrand, retain the management teams
of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including
whether such businesses will be accretive to our earnings;
Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and
cost of credit in the future;
The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
The speed and extent of an economic recovery including the recovery of the housing market; The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business;
Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
Fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled
or unscheduled maintenance programs;
Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions and employee productivity goals;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; and
Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and
changes in the rate of inflation
PolyOne Corporation Page 2
changes in the rate of inflation.
The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Tax adjustments include the net tax expense/benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
Our Code of Conduct
establishes the ethical standards and behaviors we expect from every Avient employee.
As Avient associates, we have the right to work in a place that
is free from harassment.
Avient prohibits associates from performing work
on behalf of Avient under the influence of alcohol, illicit drugs
and other controlled substances.
https://www.avient.com/news/sustainability-beyond-lightweighting-avient-features-recycled-content-composites-camx-2022
Avient is committed to helping customers meet their sustainability goals in various ways through its composites portfolio.
Avient is exhibiting in Hall C, Booth U32 at CAMX in Anaheim, California, from October 18-20, 2022.
Learn more about Avient’s Advanced Composites and Engineered Fiber product portfolios here.
https://www.avient.com/products/thermoplastic-elastomers/resound-ultra-low-carbon-footprint-tpes
These naturally opaque grades provide an appealing aesthetic that is also easy to color, making them ideal for use in a host of consumer applications where a more sustainable material is preferred.
Browse and download our literature to learn more about Avient solutions and services.
Overview of key characteristics, benefits and technical properties of these eco-conscious grades