https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
When showing constant dollar figures on GAAP and non-GAAP financial measures, the foreign exchange impact is calculated by using current foreign exchange rates and applying them to the prior period results.
GUIDANCE
7
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
8
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
9
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
Avient reflects 2023 adjusted EBITDA guidance of $530M and estimated run-rate CAPEX of $110M.
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Melle, Germany 8.
Mountain Top, 8.
ITEM 8.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
PolyOne Corporation Investor Day 2012
PolyOne Investor Presentation
5th Annual Wells Fargo
Industrial and Construction Conference
May 8, 2014
• 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.
You are advised to
consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
���PolyOne Investor Presentation�5th Annual Wells Fargo�Industrial and Construction Conference �May 8, 2014 ��
Forward – Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
Confirmation of Our Strategy
Strategy and Execution Drive Results
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2015 Goals
Bridge to $2.50 Adjusted EPS by 2015
Innovation Drives Earnings Growth
Unique and Innovative Solutions
Debt Maturities & Pension Funding – 3/31/14
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
https://www.avient.com/resource-center/services/avient-color-prediction-service
The PCR Color Prediction Service can help shorten the time-to-launch of new product ranges, allowing fast and reliable checks prior to initiating sample development.
https://www.avient.com/news/polyone-develops-new-silicone-alternative-tpe-medical-tubing
PHOTO CAPTION: Technicians taking a sample from biotechnological bioreactor in microbiological laboratory.
https://www.avient.com/news/polyone-showcases-more-materials-healthcare-applications-mdm-west-2019
NEUTM Express Service: Delivering speed to customers’ R&D process with rapid prototyping and sampling of customized materials for a multitude of in-vivo devices
https://www.avient.com/news/avient-debuts-new-composite-formulations-virtually-camx-2020
Improved Adhesion in Pultruded Composite Materials and Test Methods for Evaluation
• Continuous Fiber Reinforced Thermoplastic Application Development and Implementation: Case Study Review
• Overmolding with Continuous Fiber Reinforced Thermoplastic Composites for Selective Reinforcement
• Test Sample Preparation of Pultruded Unidirectional Carbon Parts – Issues in Machining Practice and Alternatives
https://www.avient.com/news/polyone-features-more-materials-approach-medical-devices-mdm-west-2020
In addition to its comprehensive portfolio of polymers, functional additives, and colorants for healthcare, PolyOne’s exhibit will include a sampling of healthcare application successes achieved through material science, industry expertise and comprehensive product development support.
https://www.avient.com/news/comfort-meets-design-freedom-new-overmolding-solution-versaflex-vdt-vibration-damping-tpe-portfolio
Samples will be on display next week at NPE 2015 in PolyOne’s Customer Innovation Center, Room S230BC.
https://www.avient.com/news/colorants-and-additives-avient-sustainable-luxury-plastic-packaging-be-featured-luxe-pack-new-york
PCR Color Prediction Service – winner of the 2023 Re|focus Sustainable Innovation in Design Award and a finalist for the 2023 Plastics Recycling Show Europe (PRSE) Product Technology Innovation of the Year Award, this digital service supports PCR resin coloration by illustrating the color possibilities or limitations of certain PCR material before sample development to help simplify the overall decision-making process for brand owners and technical colorists.