https://www.avient.com/sites/default/files/2023-06/2023 Paddlesports Application Graphic.pdf
STRENGTH & FLEX
Excellent Dimensional Stability,
High Stiffness, Impact Resistance
SOLUTION: Short & Long Fiber
Formulations, Continuous Fiber
Composite Tapes & Laminates
DURABILITY
Density, Stiffness, Strength
SOLUTION: Short & Long Fiber
Formulations
SURFACE PROTECTION
Performance Enhancements, Chemical Resistance
SOLUTION: Scratch & Mar Resistance,
UV Stable Additives
TACTILE EXPERIENCE
Soft Touch, Slip Resistance
SOLUTION: Thermoplastic
METAL REPLACEMENT
High Stiffness-to-Weight Ratio,
Lightweighting, Buoyancy
SOLUTION: Continuous Filament
Winding Technology
EXTREME
PERFORMANCE
Waterproof Seals
& Closures
SOLUTION: Thermoplastic
DYNAMIC COMFORT
Durability, Customization,
Shock Absorption
SOLUTION: Thermoplastic
Elastomers
COLOR RESILIENCE
Excellent Adhesion
to Substrates,
Weatherability
SOLUTION: Plastisol
Textile Inks
FUNCTIONALITY
High Stiffness, Structural Integrity, Metal
Replacement
SOLUTION: Short & Long Fiber
Formulations, Continuous Fiber Composite
Tapes & Laminates
AESTHETIC APPEAL
Custom Colors, Patterns
& Tones
SOLUTION: Custom Polymer
Colorants, Specialty Additives
RESILIENCE
Weatherability, Longevity
SOLUTION: Specialty
Engineered Polymer
Formulations
For more on material solutions for outdoor equipment,
visit avient.com/outdoor.
https://www.avient.com/products/polymer-additives/performance-enhancement-additives/oncap-scratch-mar-resistance-additives
https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-continuous-filament-wound-tubes-poles
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-continuous-filament-wound-tubes-poles
https://www.avient.com/products/screen-printing-inks
https://www.avient.com/products/screen-printing-inks
https://www.avient.com/products/engineered-polymer-formulations/structural-fiber-reinforced-formulations
https://www.avient.com/products/engineered-polymer-formulations/structural-fiber-reinforced-formulations
https://www.avient.com/products/polymer-colorants
https://www.avient.com/products/polymer-colorants
https://www.avient.com/products/polymer-additives
https://www.avient.com/outdoor
https://www.avient.com/outdoor
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
FX +4.6%
FX -1.5%
Total Avient +3.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
Q2 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$525
$542
$94
$108
19.9%
(in millions) (in millions)
7
17.9%
+200 bps
* Adjusted EBITDA Margin %
• Organic sales growth in all
regions led by Americas
• Raw material deflation combined
with cost reduction actions drove
EBITDA margin expansion
+ 3%
(+5% excluding FX)
+ 15%
(+17% excluding FX)
Q2 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$301
$308
$60
$64
20.6%
(in millions) (in millions)
8
19.8%
+80 bps
* Adjusted EBITDA Margin %
• Sales growth in consumer,
healthcare and building &
construction end markets offset
by weaker demand in
telecommunications
• EBITDA margin expansion
driven by positive end market
mix as well as raw material
deflation
+ 2%
(+4% excluding FX)
+ 7%
(+8% excluding FX)
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (May 7) Current
Adjusted EBITDA $510 to $535 million $515 to $540 million
Adjusted EPS $2.50 to $2.65 $2.55 to $2.70
Interest Expense $105 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
10
Q3 2024: Adjusted EPS of $0.62
11
Highlights
• Provides performance updates on 2030
Sustainability Goals
• Reduced company’s Scope 1 & 2 GHG emissions
by 48% since 2019
• Highlights ESG performance ratings, certifications,
and awards, including recent upgrades by
Ecovadis to Gold and CDP to A-
• Reflects Great Place to Work® culture focused on
health, safety and employee engagement
2023 SUSTAINABILITY REPORT
11
Sustainability for a
Better Tomorrow
2023
SUSTAINABILITY REPORT
12
• Investor Day to be held December 4, 2024 in
New York, NY
• The focus will be to do a deep dive on the
Company’s strategy
• Further details to be communicated
2024 AVIENT INVESTOR DAY
AP P EN D IX
15
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
7%
17
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
18
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
19
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
20
BY END MARKET
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.
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/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
As one of the world’s leading specialty polymer materials, services and solution companies,
Avient contributes to value creation with innovative and sustainable solutions for customers
from many industries.
One example if
the inability to obtain raw materials from our suppliers due to climate-related weather
events.
For instance, one of our innovative products can be found in
automotive parts.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Holger Kronimus.pdf
HOLGER KRONIMUS
Vice President, Europe
General Manager, Engineered Materials Europe
Holger Kronimus is Vice President, Europe, and General Manager, Specialty Engineered
Materials Europe at Avient Corporation, an innovator of materials solutions that help
customers succeed while enabling a sustainable world.
Kronimus joined Avient in March
1999, and in addition to leading the company’s engineered materials business in Europe and
India, also serves as Avient’s legal representative in the region, responsible for building and
maintaining relationships with local governments and associations.
https://www.avient.com/sites/default/files/2023-08/Bergamid Polymer Formulations - Military Helmet - Case Study Snapshot.pdf
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
Safety Equipment manufacturer
https://www.avient.com/sites/default/files/2021-09/edgetek-et9600-lds-antenna-array-case-study.pdf
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/edgetek-3d/lds-solutions
https://www.avient.com/sites/default/files/2023-03/LubriOne - Specialty Furniture Fitting - Application Snapshot.pdf
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/lubrione-internally-lubricated-formulations
Hinge Manufacturer
https://www.avient.com/sites/default/files/2020-12/automotive-ir-lens-of-sensor-case-study-brief.pdf
AVIENT SOLUTION
IR TRANSMISSION
LEARN MORE
Avient Corporation 1
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/edgetek-abs-pc-pc/abs-formulations
https://www.avient.com/sites/default/files/2022-05/Bergamid-Racing Wheel-Application snapshot_0429.pdf
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Poland.pdf
Całkowita odpowiedzialność
Sprzedającego wobec Kupującego za szkody,
niezależnie od tego, czy wynikają one z naruszenia
gwarancji, czy z jakiejkolwiek innej przyczyny, oraz
niezależnie od tego, czy wynikają one z umowy
sprzedaży, do której mają zastosowanie niniejsze
Warunki, czy też z innego tytułu, w żadnym wypadku
nie przekroczy tej części ceny zakupu, która ma
zastosowanie do części Produktu stanowiącej podstawę
roszczenia Kupującego o takie odszkodowanie.
If a present or future law,
governmental decree, order, regulation, or ruling under
any existing or future legislation prevents Seller from
increasing or revising the price as provided herein, or
nullifies or reduces any price or price increase hereunder,
upon written notice from one to the other, Seller and Buyer
will attempt to identify mutually agreeable changes to
conform the sale contract to which these Terms apply with
such law, decree, order, regulation, or ruling.
Sprzedający nie ponosi odpowiedzialności za
awarię sprzętu wyładowczego lub rozładowczego lub
materiałów używanych przez Kupującego, niezależnie od
tego, czy zostały one dostarczone przez Sprzedającego.
12.