https://www.avient.com/knowledge-base/case-study/i-ilsan-saves-time-money-self-lubricating-polymer
Closely working together, IŞILSAN and a Avient technical team developed a new polyamide-based formulation that provided the wear resistance of LubriOne™ with improved structural strength.
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/maxxam-polyolefin-formulations
Discover how Avient can help you develop and build nearly any automotive part you need to create.
https://www.avient.com/products/polymer-additives/visual-enhancement-effects/cesa-light-diffusion-masterbatch
Cesa™ Light Diffusion Additives enable manufacturers to develop consumer-pleasing automotive lighting systems that also meet their needs for manufacturability and cost management.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
For the full year, adjusted EPS
increased 58% to $3.05 driven by demand for sustainable solutions, healthcare applications and
composites technologies.”
Beggs, Senior Vice President and Chief Financial Officer, Avient
Corporation.
These costs are included in Corporate and eliminations.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
Ashish Khandpur, President and Chief Executive Officer, Avient Corporation.
Our performance was supported by strong demand for our Dyneema® fiber technology used
in personal protection applications and raw material deflation.
These costs are included in Corporate.
https://www.avient.com/sites/default/files/2021-04/versaflex-computer-mouse-case-study.pdf
© 2021, All Rights Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
To learn more about Versaflex™ TPEs, contact
Avient at +1.844.4AVIENT (1.844.428.4368)
or visit us at avient.com.
Key to the product development effort was a soft-touch
mouse grip that would give users a smooth feel, easy
handling, and greater physical comfort.
The
Avient team worked carefully to develop a compound
that could utilize existing tooling to avoid additional
tooling costs.
https://www.avient.com/sites/default/files/2020-09/antimicrobials-for-electronics-application-bulletin.pdf
Avient technology
centers across the globe offer regulatory support
and product stewardship expertise to help qualify
products.
They are available
for processes including extrusion, injection
molding, blow molding, rotational molding and
thermoforming.
1. https://www2.deloitte.com/us/en/pages/technology-media-and-
telecommunications/articles/global-mobile-consumer-survey-us-edition.html
2. https://cals.arizona.edu/news/why-your-cellphone-has-more-germs-toilet
www.avient.com
Copyright © 2020, Avient Corporation.
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-09/SEM Services Capabilities Overview Brochure.pdf
TECHNICAL
SERVICES
Avient Specialty
Engineered Materials
COULD YOUR PRODUCT DEVELOPMENT PROCESS BENEFIT FROM ADDITIONAL RESOURCES THAT EXPAND
YOUR DESIGN, DEVELOPMENT, TESTING, AND TECHNICAL CAPABILITIES?
ONSITE TECHNICAL SUPPORT
The product development process does not end with design and testing.
Our people, ideas, material science, resources and unwavering commitment to service enable customers
to transform their visions into groundbreaking products.
1.844.4AVIENT
www.avient.com
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2023-05/SEM Services Capabilities Overview Brochure.pdf
TECHNICAL
SERVICES
Avient Specialty
Engineered Materials
COULD YOUR PRODUCT DEVELOPMENT PROCESS BENEFIT FROM ADDITIONAL RESOURCES THAT EXPAND
YOUR DESIGN, DEVELOPMENT, TESTING, AND TECHNICAL CAPABILITIES?
At Avient, our in-house capabilities
allow us to quickly move opportunities through the
product development pipeline.
Our people, ideas, material science, resources and unwavering commitment to service enable customers
to transform their visions into groundbreaking products.
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
Microsoft PowerPoint - AVNT M8 Investor Presentation
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
AU G U S T 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.
3
AVIENT OVERVIEW
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Innovating materials and
processing solutions to solve our
customers’ challenges while
enabling a sustainable world
Broad portfolio of technologies
with market leading positions
and flexibility to anticipate and
meet customer needs
Focus is on organic revenue
growth and margin expansion,
following our successful portfolio
transformation
$3.14B
Revenue
$2.36
Adjusted EPS
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
23%
19%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
2024 Financial Guidance
$515 to $540 million
Adjusted EBITDA
$2.55 to $2.70
Adjusted EPS
4
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
Avient CDP Score:
A-
SUSTAINABILITY PERFORMANCE
AND RECOGNITION
AU G U S T 6 , 20 24
W EB CAS T
P RE SE N TATI O N
6
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 %
Year Ended
December 31, 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS
Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83
Special items, after-tax 79.3 0.86
Amortization expense, after-tax 61.5 0.67
Adjusted net income / EPS $ 216.6 $ 2.36
Adjusted Free Cash Flow Calculation December 31, 2023
Cash provided by operating activities $ 201.6
Capital expenditures (119.4)
Free cash flow 82.2
Taxes paid on gain on sale of business 104.1
Adjusted free cash flow $ 186.3
Year Ended
December 31, 2023
Sales:
Color, Additives and Inks $ 2,007.4
Specialty Engineered Materials 1,138.2
Corporate (2.8)
Sales $ 3,142.8
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
Adjusted EBITDA as a percent of sales 16.0 %
3
AVNT M8 Investor Presentation.pdf
Avient Disclaimer SLide.pdf
AVNT M8 Investor Presentation
IR Deck - AVNT-2024.06.30 (M8) (8.26.24 11AM Milestone August 26 1053 am).pdf
Attachment