https://www.avient.com/industries/packaging/household-packaging/household-cleaners
Learn about overmolding, material selection to enhance function, and design considerations that can help you address challenges and delight customers
Office Supplies
Home & Office
https://www.avient.com/industries/packaging/household-packaging/surface-care
Learn about overmolding, material selection to enhance function, and design considerations that can help you address challenges and delight customers
Office Supplies
Home & Office
https://www.avient.com/industries/packaging/personal-care-packaging/sun-care
Learn about overmolding, material selection to enhance function, and design considerations that can help you address challenges and delight customers
Office Supplies
Home & Office
https://www.avient.com/industries/packaging/household-packaging/fabric-care
Learn about overmolding, material selection to enhance function, and design considerations that can help you address challenges and delight customers
Office Supplies
Home & Office
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
IR Deck - AVNT-2024.06.30 (Earnings)
AVIENT CORPORATION
S E C O N D Q U A R T E R 2 0 2 4 R E S U L T S A N D
2 0 2 4 F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
AU G U S T 6 , 2 0 2 4
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
For the same reasons, Avient is unable to address the probable significance of the unavailable information.
2
3
Q2 2024 HIGHLIGHTS
• 5% organic sales growth supported by
broad-based growth across all regions
in both CAI and SEM segments
• Growth stemmed from gaining share,
winning new product specifications
and restocking in certain end markets
• Cost control and operational
discipline expanded EBITDA margins
by 100 bps
• EPS exceeded guidance by $0.05
and increased 21% vs the prior year
Adj.
A reconciliation of these measures to their most directly comparable GAAP measures is provided in the tables below.
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 33.6 $ 0.36 $ 22.1 $ 0.24
Special items, after-tax 21.8 0.24 19.6 0.21
Amortization expense, after-tax 14.8 0.16 16.2 0.18
Adjusted net income / EPS $ 70.2 $ 0.76 $ 57.9 $ 0.63
Three Months Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023
Net income from continuing operations – GAAP $ 33.8 $ 22.3
Income tax expense 11.2 10.4
Interest expense, net 26.6 29.4
Depreciation & amortization 44.9 47.6
EBITDA from continuing operations $ 116.5 $ 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales 16.9 % 15.9 %
1
2024 2023
Sales:
Color, Additives and Inks $ 542.0 $ 524.5
Specialty Engineered Materials 308.1 300.8
Corporate (0.4) (0.9)
Sales $ 849.7 $ 824.4
Operating income:
Color, Additives and Inks $ 86.1 $ 68.0
Specialty Engineered Materials 42.8 39.7
Corporate (56.4) (45.4)
Operating income $ 72.5 $ 62.3
Depreciation & amortization:
Color, Additives and Inks $ 21.8 $ 25.7
Specialty Engineered Materials 20.8 19.9
Corporate 2.3 2.0
Depreciation & amortization $ 44.9 $ 47.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 107.9 $ 93.7
Specialty Engineered Materials 63.6 59.6
Corporate (54.1) (43.4)
Other expense, net (0.9) (0.2)
EBITDA from continuing operations 116.5 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales:
Color, Additives and Inks 19.9 % 17.9 %
Specialty Engineered Materials 20.6 % 19.8 %
2
Year Ended
December 31, 2023
Operating income:
Color, Additives and Inks $ 259.9
Specialty Engineered Materials 142.5
Corporate (205.6)
Operating income $ 196.8
Depreciation & amortization:
Color, Additives and Inks $ 98.3
Specialty Engineered Materials 81.5
Corporate 9.0
Depreciation & amortization $ 188.8
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 358.2
Specialty Engineered Materials 224.0
Corporate (196.6)
Other income, net 5.8
EBITDA from continuing operations 391.4
Special items, before tax 114.6
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.9)
Adjusted EBITDA $ 501.8
3
Avient Q2 2024 Webcast Slides_for website_with non-GAAP_8_5.pdf
IR Deck - AVNT-2024.06.30 - 8.02.24 1130AM.pdf
Attachment
Avient Q2 2024 Webcast Slides_for website_with non-GAAP.pdf
AVNT cover slide.pdf
https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 Webcast Slides_w_non-GAAP.pdf
Q1 2025 Earnings webcast
Avient
Corporation
AVNT
MAY 6, 2025
Q1 2025 results
2025 full-year
financial guidance
Copyright © .
2025 2
Disclaimer
Forward-looking statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
For
the same reasons, Avient is unable to address the probable significance of the unavailable information.
3Copyright © .
Three Months Ended March 31,
2025 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net (loss) income attributable to Avient common shareholders $ (20.2) $ (0.22) $ 49.4 $ 0.54
Special items, after-tax 75.7 0.82 5.5 0.06
Amortization expense, after-tax 14.5 0.16 14.9 0.16
Adjusted net income / EPS $ 70.0 $ 0.76 $ 69.8 $ 0.76
March 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2025 2024
Net (loss) income – GAAP $ (19.9) $ 49.7
Income tax (benefit) expense (6.7) 16.8
Interest expense, net 26.9 26.6
Depreciation & amortization 45.3 44.3
EBITDA $ 45.6 $ 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) —
Depreciation & amortization included in special items (0.4) (0.5)
Adjusted EBITDA $ 144.7 $ 143.1
Adjusted EBITDA as a percent of sales 17.5 % 17.3 %
1
March 31,
2025 2024
Sales:
Color, Additives and Inks $ 519.7 $ 515.3
Specialty Engineered Materials 308.4 314.4
Corporate (1.5) (0.7)
Sales $ 826.6 $ 829.0
Operating income:
Color, Additives and Inks $ 78.6 $ 74.8
Specialty Engineered Materials 47.1 53.4
Corporate (125.0) (34.2)
Operating income $ 0.7 $ 94.0
Depreciation & amortization:
Color, Additives and Inks $ 21.7 $ 21.9
Specialty Engineered Materials 21.5 19.6
Corporate 2.1 2.8
Depreciation & amortization $ 45.3 $ 44.3
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 100.3 $ 96.7
Specialty Engineered Materials 68.6 73.0
Corporate (122.9) (31.4)
Other expense, net (0.4) (0.9)
EBITDA $ 45.6 $ 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) —
Depreciation & amortization included in special items (0.4) (0.5)
Adjusted EBITDA $ 144.7 $ 143.1
Adjusted EBITDA as a percent of sales:
Color, Additives and Inks 19.3 % 18.8 %
Specialty Engineered Materials 22.2 % 23.2 %
Reconciliation to EBITDA and Adjusted EBITDA:
Year Ended
December 31, 2024
Net income – GAAP $ 170.7
Income tax expense 54.1
Interest expense 105.6
Depreciation & amortization 179.7
EBITDA $ 510.1
Special items, before tax 20.1
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.5)
Adjusted EBITDA $ 526.4
Adjusted EBITDA as a percent of sales 16.2 %
2
Three Months Ended
March 31, 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income from continuing operations attributable to Avient common shareholders $ 20.8 $ 0.23
Special items, after tax 22.3 0.24
Amortization expense, after-tax 15.1 0.16
Adjusted net income / EPS $ 58.2 $ 0.63
June 30, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income attributable to Avient common shareholders $ 33.6 $ 0.36
Special items, after-tax 21.8 0.24
Amortization expense, after-tax 14.8 0.16
Adjusted net income / EPS $ 70.2 $ 0.76
Year Ended
December 31, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income attributable to Avient common shareholders $ 169.5 $ 1.84
Special items, after-tax 15.9 0.17
Amortization expense, after-tax 59.5 0.65
Adjusted net income / EPS $ 244.9 $ 2.66
3
AVNT Q1 2025 webcast slides_v16.pdf
Q1 2025 Earnings webcast
Slide 1
Slide 2: Disclaimer
Slide 3: Q1 2025 highlights
Slide 4: Q1 2025 organic revenue growth - by region
Slide 5: Playbook in current environment
Slide 6
Slide 7: Color, Additives & Inks – Q1 2025 performance
Slide 8: Specialty Engineered Materials – Q1 2025 performance
Slide 9: Global reach with a local touch
Slide 10
Slide 11: 2025 financial guidance unchanged...
https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 webcast slides_v17.pdf
Q1 2025 Earnings webcast
Avient
Corporation
AVNT
MAY 6, 2025
Q1 2025 results
2025 full-year
financial guidance
Copyright © .
2025 2
Disclaimer
Forward-looking statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
For
the same reasons, Avient is unable to address the probable significance of the unavailable information.
3Copyright © .
Reconciliation to condensed
$ Millions EPS (in $) $ Millions EPS (in $)
Net (loss) income attributable to Avient common shareholders (20.2) (0.22) 49.4 0.54
Special items, after-tax 75.7 0.82 5.5 0.06
Amortization expense, after-tax 14.5 0.16 14.9 0.16
Adjusted net income / EPS 70.0 0.76 69.8 0.76
Per share amounts may not recalculate from figures present herein due to rounding
11
Reconciliation to
EBITDA and Adjusted EBITDA
$ Millions $ Millions
Net (loss) income – GAAP (19.9) 49.7
Income tax (benefit) expense (6.7) 16.8
Interest expense, net 26.9 26.6
Depreciation & amortization 45.3 44.3
EBITDA 45.6 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) -
Depreciation & amortization included in special items (0.4) (0.5)
Adjusted EBITDA 144.7 143.1
Adjusted EBITDA as a percent of sales 17.5% 17.3%
PAGE 1 OF 3
Copyright © .
2025 19
Reconciliation of
Non-GAAP financial
measures
Reconciliation to EBITDA and Adjusted EBITDA
$ Millions $ Millions
Sales Color, Additives and Inks 519.7 515.3
Specialty Engineered Materials 308.4 314.4
Corporate (1.5) (0.7)
Sales 826.6 829.0
Operating income Color, Additives and Inks 78.6 74.8
Specialty Engineered Materials 47.1 53.4
Corporate (125.0) (34.2)
Operating income 0.7 94.0
Depreciation and
amortization
Color, Additives and Inks 21.7 21.9
Specialty Engineered Materials 21.5 19.6
Corporate 2.1 2.8
Depreciation and amortization 45.3 44.3
Earnings before
interest, taxes,
depreciation and
amortization
Color, Additives and Inks 100.3 96.7
Specialty Engineered Materials 68.6 73.0
Corporate (122.9) (31.4)
Other expense, net (0.4) (0.9)
EBITDA 45.6 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) -
Depreciation and amortization included in special items (0.4) (0.5)
Adjusted EBITDA 144.7 143.1
Adjusted EBITDA as
a percent of sales
Color, Additives and Inks 19.3% 18.8%
Specialty Engineered Materials 22.2% 23.2%
PAGE 2 OF 3
Copyright © .
2025 20
measures
Reconciliation to condensed
Three months ended March 31, 2023
$ Millions EPS (in $)
Net income from continuing operations attributable
to Avient common shareholders
20.8 0.23
Special items, after-tax 22.3 0.24
Amortization expense, after-tax 15.1 0.16
Adjusted net income / EPS 58.2 0.63
Reconciliation to
EBITDA and Adjusted EBITDA
Year ended December 31, 2024
$ Millions
Net income – GAAP 170.7
Income tax expense 54.1
Interest expense 105.6
Depreciation & amortization 179.7
EBITDA 510.1
Special items, before tax 20.1
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.5)
Adjusted EBITDA 526.4
Adjusted EBITDA as a percent of sales 16.2%
PAGE 3 OF 3
Reconciliation to condensed
Three months ended June 30, 2024
$ Millions EPS (in $)
Net income attributable to Avient common shareholders 33.6 0.36
Special items, after-tax 21.8 0.24
Amortization expense, after-tax 14.8 0.16
Adjusted net income / EPS 70.2 0.76
Reconciliation to condensed
Year ended December 31, 2024
$ Millions EPS (in $)
Net (loss) income attributable to Avient common shareholders 169.5 1.84
Special items, after-tax 15.9 0.17
Amortization expense, after-tax 59.5 0.65
Adjusted net income / EPS 244.9 2.66
Per share amounts may not recalculate from figures present herein due to rounding
Q1 2025 Earnings webcast
Slide 1
Slide 2: Disclaimer
Slide 3: Q1 2025 highlights
Slide 4: Q1 2025 organic revenue growth - by region
Slide 5: Playbook in current environment
Slide 6
Slide 7: Color, Additives & Inks – Q1 2025 performance
Slide 8: Specialty Engineered Materials – Q1 2025 performance
Slide 9: Global reach with a local touch
Slide 10
Slide 11: 2025 financial guidance unchanged...
https://www.avient.com/sites/default/files/2022-08/Schedule 2 a_b_c - SCCs_0.pdf
In the event of a personal data breach concerning personal data processed by the data
importer under these Clauses, the data importer shall take appropriate measures to address
the breach, including measures to mitigate its adverse effects.
Following a notification pursuant to paragraph (e), or if the data exporter otherwise has
reason to believe that the data importer can no longer fulfil its obligations under these
Clauses, the data exporter shall promptly identify appropriate measures (e.g. technical or
organisational measures to ensure security and confidentiality) to be adopted by the data
exporter and/or data importer to address the situation.
In the event of a personal data breach concerning personal data processed by the data
importer under these Clauses, the data importer shall take appropriate measures to address
the breach, including measures to mitigate its adverse effects.
https://www.avient.com/sites/default/files/2023-09/65799-Certificate-26SEP2023%5B1%5D.pdf
This is to certify that the Quality Management System of:
Avient Corporation - Avon Lake
33587 Walker Road
Avon Lake, OH 44012
The Quality Management System is applicable to:
Certificate No: 65799
Certification Date: 01 October 2020
Effective Date: 25 September 2023
Expiration Date: 30 September 2026
Revision Date: 26 September 2023 Dominic Townsend, President
DESIGN AND MANUFACTURE OF COLOUR AND ADDITIVE CONCENTRATES, THERMOPLASTIC RESINS AND
SPECIALTY COMPOUNDS
This certificate may be found on the ABS QE Website (www.abs-qe.com).
Avenida Jorge Bei Maluf, 2.165
08686-000 Suzano
SP
Brazil
Facility: Avient Colorants Canada Inc.
2 Lone Oak Court
Toronto, ON M9C 5A9
Canada
Activity: Manufacture, Laboratory (QC and Colormatching), CSD Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient Corporation - Avon Lake, OH
33587 Walker Road
Avon Lake, OH 44012
Facility: Avient (Argentina) SA
Av.
Industri Kecil & Sederhana
Simpang Ampat, Penang 14120
Malaysia
Activity: Central Office, Administration, Site management (Facitilities,
EHS), Marketing and Sales, SCM, Group Procurement Services,
GBS and Logistics, GTI-Engineering and R&D, Technical
Application Laboratories, Legal, Finance, HR, IT, RSRA, SMD and
Learning, Communication
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient Colorants MX S.A. de C.V.
https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-colorants-and-formulations
Corporate Literature