https://www.avient.com/news/avient-showcase-innovative-polymer-solutions-wire-and-cable-industry-wire-d-sseldorf-2024
Engineered Fibers and Yarns:
Fiber-Line™ Engineered Fiber Solutions are high-performing synthetic fibers that can be color-coated, add strength, reduce cable weight or diameter, replace metal in the most demanding wire and cable applications, provide water-blocking capability in dry cable applications, and are developed for optimal rip performance in cable jacketing and armor
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/news/specialty-wire-and-cable-solutions-featured-avient-wire-china-2023
This technology works well in aerospace applications, including optical fiber or data transmission cables.
Fiber-Line™ High Performance Fiber can add strength, reduce cable weight or diameter, and replace metal in the most demanding wire and cable applications.
These engineered fibers are designed to provide water-blocking capability in dry design fiber optic cable applications, developed for optimal grip and insulation performance in cable jacketing and armor, and processed to help extend the life span for oil and gas pipe and industrial belts.
https://www.avient.com/sites/default/files/2024-01/16824-8%23ISO 9001 Certificaat Fiber-Line International B.V. %28PDF%29.pdf
16824-8#ISO 9001 Certificaat Fiber-Line International B.V.
Field of application
The manufacturing and trading of synthetic fiber productsThe manufacturing and trading of synthetic fiber productsThe manufacturing and trading of synthetic fiber productsThe manufacturing and trading of synthetic fiber products for use in the public and private sectors.for use in the public and private sectors.for use in the public and private sectors.for use in the public and private sectors.
https://www.avient.com/company/sustainability/planet/lean-six-sigma
Efficiency and continuous improvement are at the core of our Operational Excellence strategy, and also help to ensure we’re taking responsible care of our planet.
This begins with the Lean Six Sigma (LSS) culture that we continue to invest in and utilize each day throughout our company.
https://www.avient.com/products/thermoplastic-elastomers/versaflex-non-blooming-tpes-consumer-electronics
Webinar: Overmolding with Thermoplastic Elastomers – An Essential Guide
Thermoplastic Elastomers: GLS™ Versaflex™
Recycled Content Thermoplastic Elastomers: reSound™ REC
https://www.avient.com/news/polyone-announces-second-quarter-2014-results
Net income from continuing operations
Continuing operations
Continuing operations
https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
EPS guidance
2025 financial guidance
▲ Further Fed rate cuts
▲ Chinese stimulus
▲ Economic recovery in Europe
▲ Continued strength in defense applications
for both military and local law enforcement
▼ Policy uncertainty and changes
▼ Persistent inflation impacting consumer spending /
slowdown of US economy
▼ Further deterioration of Europe economy
▼ FX volatility
MACRO ASSUMPTIONS INFLUENCING RANGE
23Copyright © .
Specialty Engineered Materials
END MARKETS REGIONS
17%
14%13%
Defense
Packaging
Telecom
54%
33%
US & Canada
Europe,
Middle East
Energy
Copyright © .
2025 26
Avient 2024 regional sales, by end market
US & CANADA
41% of sales
EMEA
35% of sales
ASIA
18% of sales
LATIN AMERICA
6% of sales
22%
Packaging TelecomEnergyDefenseHealthcareBuilding &
TransportationIndustrialConsumer
26%
16%
31%
26%
1%1% 2%
61%
Copyright © .
2025 27
NON-HYDROCARBON
MATERIALS
HYDROCARBON-BASED
~35% of the raw material basket
including part of “Other raw materials”
are hydrocarbon-based
Raw material basket
16%
4% 4%
Performance
additives
Pigments
TiO2
Dyestuffs
Styrenic block
copolymers
Polypropylene
Nylon
Polyethylene
Other raw
materials
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
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.
Three Months Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 48.3 $ 0.52 $ 27.8 $ 0.30
Special items, after-tax (18.0) (0.20) 5.4 0.06
Amortization expense, after-tax 14.8 0.17 15.0 0.16
Adjusted net income / EPS $ 45.1 $ 0.49 $ 48.2 $ 0.52
Year Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 169.5 $ 1.84 $ 75.8 $ 0.83
Special items, after-tax 15.9 0.17 79.3 0.86
Amortization expense, after-tax 59.5 0.65 61.5 0.67
Adjusted net income / EPS $ 244.9 $ 2.66 $ 216.6 $ 2.36
Three Months Ended
Year Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023
Net income from continuing operations – GAAP $ 48.5 $ 27.6 $ 170.7 $ 76.3
Income tax expense (benefit) 14.8 (7.0) 54.1 11.0
Interest expense 25.5 26.8 105.6 115.3
Depreciation and amortization from continuing operations 45.4 44.2 179.7 188.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
Adjusted EBITDA as a percent of sales 14.7 % 15.8 % 16.2 % 16.0 %
Three Months Ended
Year Ended
2024 2023 2024 2023
Sales:
Color, Additives and Inks $ 467.7 $ 459.4 $ 2,046.5 $ 2,007.4
Specialty Engineered Materials 279.7 259.8 1,196.8 1,138.2
Corporate (0.9) (0.2) (2.9) (2.8)
Sales $ 746.5 $ 719.0 $ 3,240.4 $ 3,142.8
Gross margin:
Color, Additives and Inks $ 152.6 $ 148.3 $ 681.1 $ 631.2
Specialty Engineered Materials 84.2 78.1 374.9 341.8
Corporate 22.7 (17.5) 0.7 (80.5)
Gross margin $ 259.5 $ 208.9 $ 1,056.7 $ 892.5
Selling and administrative expense:
Color, Additives and Inks $ 92.8 $ 86.5 $ 384.9 $ 371.3
Specialty Engineered Materials 49.6 48.7 207.7 199.3
Corporate 31.5 30.6 134.8 125.1
Selling and administrative expense $ 173.9 $ 165.8 $ 727.4 $ 695.7
Operating income:
Color, Additives and Inks $ 59.8 $ 61.8 $ 296.2 $ 259.9
Specialty Engineered Materials 34.6 29.4 167.2 142.5
Corporate (8.8) (48.1) (134.1) (205.6)
Operating income $ 85.6 $ 43.1 $ 329.3 $ 196.8
Depreciation and amortization:
Color, Additives and Inks $ 21.9 $ 22.2 $ 87.5 $ 98.3
Specialty Engineered Materials 21.0 19.8 82.1 81.5
Corporate 2.5 2.2 10.1 9.0
Depreciation and amortization $ 45.4 $ 44.2 $ 179.7 $ 188.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 81.7 $ 84.0 $ 383.7 $ 358.2
Specialty Engineered Materials 55.6 49.2 249.3 224.0
Corporate (6.3) (45.9) (124.0) (196.6)
Other income, net 3.2 4.3 1.1 5.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
2
Year Ended December 31,
Adjusted Free Cash Flow Calculation 2024 2023
Cash provided by operating activities $ 256.8 $ 201.6
Taxes paid on gain on sale of business — 104.1
One-time payout associated with deferred compensation plans 20.8 —
Adjusted cash provided by operating activities $ 277.6 $ 305.7
Capital expenditures (121.9) (119.4)
Adjusted free cash flow $ 155.7 $ 186.3
Three Months Ended March 31, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54
Special items, after-tax 5.5 0.06
Amortization expense, after-tax 14.9 0.16
Adjusted net income / EPS $ 69.8 $ 0.76
3
AVNT February Investor Presentation_2_25.pdf
Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
Avient February 2025 Investor Presentation_w_non-GAAP.pdf
Non-GAAP- IR Deck - AVNT-2024.12.31 2.06.25 12PM.pdf
Attachment
https://www.avient.com/news/avient-introduces-new-signal-transparent-tpes-enable-high-speed-5g-transmission
CLEVELAND – August 3, 2021 – Avient today announced the launch of two patent-pending Versaflex™ CE thermoplastic elastomers (TPEs) for 5G applications.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/news/avient-feature-specialty-technologies-and-services-healthcare-mdm-west-2023
Trilliant™ HC Healthcare Thermoplastics feature excellent chemical resistance for applications found in biopharmaceutical processing, hospital settings, and home healthcare applications.
Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/knowledge-base/article/beginner-s-guide-tpe
Thermoplastic Elastomers (TPEs)
You may hear people talk about TPVs (thermoplastic vulcanizates) or TPUs (thermoplastic polyurethane) instead of TPEs.
Thermoplastic itself means “the ability to be reprocessed by heat.”