https://www.avient.com/investor-center/news/polyone-announces-third-quarter-2017-results
Color, Additives and Inks
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2023-results
Color, Additives and Inks
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/news/polyone-announces-strong-third-quarter-2014-results
Global Color, Additives and Inks
Global Color, Additives and Inks
Global Color, Additives and Inks
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M.
2023E (%)
27
79
89
83 83
78
75
90
81
76
72
68
63
53
11
Avient Specialty
Other Specialty /
MULTIPLE EXPANSION
Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $37.07.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
28
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
9.5
13.8
12.7 12.6
11.3
8.7
18.6
16.5
10.1 10.0 9.7 9.5 9.4
8.7
01
1)
01
8)
02
3)
Avient Specialty
Other Specialty /
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
30
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
31
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
52%
35%
32
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
33
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.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2024-results
Color, Additives and Inks
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2024-results
Revised guidance reflects 11% to 13% growth in adjusted EPS over the prior year
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/news/polyone-announces-strong-fourth-quarter-and-full-year-2013-results
Global Color, Additives and Inks
Global Color, Additives and Inks
Global Color, Additives and Inks
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2025-results
reflects 2% organic growth over the prior year quarter, excluding the impact of foreign exchange
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/products/polymer-colorants
Colorant Chromatics™ Inks
Colorant Chromatics™ Low Temperature Inks
Colorant Chromatics™ Marking Inks
https://www.avient.com/resources/safety-data-sheets?page=318
9211-60 BROWN THERMOSET PLASTISOL
9261-22 GREEN FURNITURE PLASTISOL
PX-10525-A FLEX FACE PLASTISOL