https://www.avient.com/sites/default/files/2024-11/Avient Announces Registration Details for December 4th Investor Day.pdf
Microsoft Word - Avient Announces Registration Details for December 4th Investor Day _for Microsite
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Registration Details for December 4th Investor Day
CLEVELAND – November 4, 2024 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable materials solutions, will host an Investor Day for the investment
community on Wednesday, December 4, 2024, beginning at 10:00 a.m.
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
https://www.avient.com/sites/default/files/2021-12/Chemically Resistant Materials Whitepaper.pdf
Figure 1.
Regarding tensile
properties, three additional categories granted
positive marks:
1.
REFERENCES
1.
https://www.avient.com/sites/default/files/2024-12/67599-Certificate-06DEC2024.pdf
José Garibaldi 2401 1832 Lomas
de Zamora Argentina
Avient Austria GmbH Administration Alfred Feierfeilstraße 3 2380
Perchtoldsdorf Austria
Avient Colorants
Belgium SA
Site management, CSD – Customer Services, Manufacture, Laboratory, Supply Chain
Management, Maintenance, Infrastructure, Warehouse and Transport
Parc Scientifique Fleming, Fond Jean
Pâques 1 1348 Louvain-la-Neuve
Belgium
Avient Colorants Brasil
Ltda.
Administration, Site management, Manufacture, Laboratory, Procurement,
Maintenance, Infrastructure, Warehouse and Transport
1995 route de la Vallée du Giffre
Saint-Jeoire en Faucigny 74490
France
Avient Colorants
Germany GmbH
Administration, Site management, Manufacture, Laboratory, Procurement,
Maintenance, Infrastructure, Warehouse and Transport
Kornkamp 50 Ahrensburg Thuringia
22926 Germany
Avient Colorants
Germany GmbH
Administration, Site management, Manufacture, Laboratory, Maintenance,
Infrastructure, Warehouse and Transport
Hohenrhein 1 Lahnstein Thuringia
56112 Germany
Avient Guatemala S.A.
Kalisabi No.
1, Kec.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
REFERENCES
1.
Capillary viscosity of TPE-1 and -2 at 200°C
1.E+00
1.E+01
1.E+02
1.E+03
1.0E+01 1.0E+02 1.0E+03 1.0E+04 1.0E+05
Shear rate (1/sec)
V
is
co
si
ty
(P
a*
se
c)
TP E-1A
TP E-1B
TP E-2A
TP E-2B
200C
Figure 4.
TPE-1A peel adhesion
0
1
2
3
4
P
ee
l s
tr
en
g
th
:
N
/m
m
190C 205C
220C 235C
D040W6 Lexan 141 Cycolac NA1000
3 . 1
2 . 8 2 . 8
2 . 6
2 . 1
2 . 4 2 . 4 2 . 4
1. 9
2 . 1 2 . 1
1. 9
7
Figure 5.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
Reduce Scope 1 & 2 greenhouse gas
emissions by 35%.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2 0 3 0 S U STA I NA B I L I T Y TA RG E TS
15
PEER COMPARISONS
16
$442
$457
$560
2019PF 2020PF 2021E
$1.74
$1.93
$2.80
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 ORGANIC GROWTH
( T O TA L C O M PA N Y )
17
Sales Adjusted EBITDA
$3,981
$3,783
$4,300
2019PF 2020PF 2021E
+ 8%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 27% + 61%
(1) (1)
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-processing-guide.pdf
Runners
1.
Venting
1.
Draft Angle 1.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
ITEM 1.
Newlin, certify that:
1.
Richardson, certify that:
1.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
Q 2 2 0 2 1 P E R F O R M A N C E
U P D AT E
$69
$122
2020PF 2021
$0.42
$0.87
2020PF 2021
Q2 2021 – ORGANIC PERFORMANCE
( T O TA L C O M PA N Y )
4
Sales Adjusted Operating Income
$870
$1,235
2020PF 2021
+ 42%
Adjusted EPS
+ 77% + 107%
(in millions) (in millions)
(1) (1) (1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q2 2021 SEGMENT PERFORMANCE
5
CAI
$488
$624
Sales
($ in millions)
SEM Distribution
$54
$86
Operating Income
+28%
+59%
$239
$404
Sales
$15
$24
Operating Income
+69%
+60%
(1)
$159
$241
Sales
$17
$37
Operating Income
+52%
+118%
(1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SPECIALTY EBITDA MARGIN EXPANSION
6
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
15.3% 15.2%
16.2%
18.5%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
19.1%
2018 2019 2020 YTD 2021
(1)
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Masterbatch synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
7
Legacy CAI
18.9% 18.9%
20.3%
2019 2020 YTD 2021
Legacy
Clariant MB
11.9%
13.8%
16.8%
2019 2020 YTD 2021
• Synergy capture translating to the
bottom line
• Positive mix with growth in healthcare,
consumer and packaging end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
Clariant MB acquired July 1, 2020
COLORWORKS
I N S P I R AT I O N .
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
On December 1, 2023, Mr.
Kunkle
— 4,022(1) 321,750(1) 643,500(1) — — — — —
— 28,875(2) 231,000(2) 462,000(2) — — — — —
2/17/2023 — — — 7,083(3) 21,250(3) — 42.93 269,117
11/1/2023 — — — (4) (4) — 42.93 95,223
11/1/2023 — — — (4) (4) — 52.64 27,135
11/1/2023 — — — (4) (4) — 42.27 5,130
2/17/2023 — — — — — 6,300(6) — 270,459
11/1/2023 — — — — — (7) — 151,675
11/1/2023 — — — — — (7) — 69,605
11/1/2023 — — — — — (7) — 15,354
R.M.
Patterson was
our First PEO from January 1 - December 1.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Microsoft PowerPoint - Avient February IR Meetings
AVIENT CORPORATION
(NYSE: AVNT)
F E B R U A R Y 1 7 - 1 8 , 2 0 2 1
I N V E S T O R M E E T I N G S
H O S T E D B Y
G O L D M A N S A C H S A N D
M O R G A N S T A N L E Y
D I S C L A I M E R
2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Purchase price multiple rapidly
declining on strength of business and
synergy capture
(1) (1)
(1) (1) (1)
(1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
($ in millions)
13
SEM
CAI
Avient
• Composites and Outdoor High
Performance applications drove
positive mix within SEM
• Clariant Masterbatch synergy
realization under way and
expected to drive further margin
expansion in 2021
• Portfolio transformation to high
growth end markets with focus on
sustainable solutions megatrend
10.1%
11.8%
2019PF 2020
(1)
(1)
EBITDA MARGIN EXPANSION
Distribution
6.3% 6.0%
15.2%
17.6%
11.1%
12.1%
2019PF 2020PF
14.5%
19.8%
13.5%
16.1%
6.4% 6.3%
15.2%
16.2%
(1) (1)
Full YearQ4
(2)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(2) Total company reflects adjusted EBITDA margins
SPOTLIGHT: COMPOSITES
14
• SEM delivers a record year in 2020 – 13%
operating income growth and over 200 bps
in margin expansion year-over-year
• Prior investments in composites platform
and outdoor high performance applications
paying off, resulting in substantial growth
over the last two years
SEM
Operating
Income
(OI % of Sales)
($ in millions)
$(0.1) $(1.0)
$2.2
$19.1
$26.8
2016 2017 2018 2019 2020
Composites
Performance
(Operating Income)
$83.7
$94.4
2019 2020
(11.2%)
(13.3%)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9 1.0
11 12 13 14 15 16 17 18 19 20
$19
$160
$338
2011 2019 2020
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
11 12 13 14 15 16 17 18 19 20 21E
FREE CASH FLOW AND CAPITAL ALLOCATION
15
Free Cash Flow Dividends Share Repurchases Deleveraging
3.5x
2.7x
2019PF 2020PF
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Cash Generation
(1) (1)
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$350MM
PAID OVER LAST 10 YEARS
~$338MM 2.7x
NET LEVERAGE
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
GREAT PLACE TO WORK!
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).