https://www.avient.com/sites/default/files/2020-12/maxxam-fr-case-study.pdf
AN ALTERNATIVE
FLAME RETARDANT
SOLUTION FOR
CATEGORY CABLES
CASE STUDY: MAXXAM™ FR POLYPROPYLENE
Challe
nge Accepted.
THE SOLUTION
The manufacturer worked with Avient to identify
alternatives to FEP insulation that would meet
requirements in their data cable.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
AVNT-2023.03.31-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces First Quarter 2023 Results
• First quarter sales of $846 million in line with guidance
• GAAP EPS of $0.23 includes special items primarily related to restructuring costs as
detailed in Attachment 3
• Adjusted EPS of $0.63 exceeded guidance of $0.55, driven by better-than-projected
margins in both segments
• Full year adjusted EBITDA and EPS guidance of $530 million and $2.40, respectively,
maintained given present macroeconomic uncertainty
• Sustainability Investor Day to be held on September 20th will highlight Avient’s sustainable
solutions portfolio and growth opportunities
CLEVELAND – May 3, 2023 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable solutions, today announced its first quarter 2023 results.
This was partially driven by composites and sustainable solutions which are
proving to be resilient in a challenging macroeconomic environment and improving our mix of
higher margin applications.”
2
Mr.
Patterson said, “We plan to
host a live webcast to highlight current demand trends for sustainable solutions and how we help
our customers reach their sustainability goals.
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
23%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic Objectives
Long Term
Growth
Rates
Growth Drivers
$340
$455
$790
$1,135
$51 $84
$212
$645
$108 $113
$231 $230
$265
$358
$726 $725
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable Growth Great Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
5
Avient CDP Score:
A-
FE BRUARY 14 , 2024
W E BCAS T
P RE S E N TAT I O N
DR.
ASHISH KHANDPUR
PRESIDENT & CEO
7
8
PORTFOLIO TRANSFORMATION
8
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
EB
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
SUSTAINABILITY AS A GROWTH DRIVER
9
LONG-TERM REVENUE GROWTH DRIVERS
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
60%+
Key Growth
Drivers
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other 0–2%
Avient 6%
END MARKET OBSERVATIONS
(% OF COMPANY SALES)
ENERGY
DEFENSE
TELECOMMUNICATIONS
HEALTHCARE
10
TRANSPORTATION
INDUSTRIAL
BUILDING &
CONSTRUCTION 9%
CONSUMER
PACKAGING
23%
11
REGIONAL OBSERVATIONS
(% OF COMPANY SALES)
11
Q 4 2023 RE S U LT S
Q4 2023 PERFORMANCE VS.
https://www.avient.com/sites/default/files/2023-01/GeorgeInglis.pdf
GEORGE INGLIS
Vice President, Corporate Controller
George Inglis is Vice President, Corporate Controller of Avient Corporation, a premier
provider of specialized and sustainable material solutions and services.
https://www.avient.com/sites/default/files/2021-06/avient-design-versaflex-wet-grip-tpe-fishing-tool-grip-case-study-one-pager.pdf
AVIENT SOLUTION
ERGONOMIC DESIGN + WET GRIP
LEARN MORE
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2022-07/Additives and Colorants for PP-R PP-RCT Pipes - Application Snapshot.pdf
AVIENT SOLUTION
COLOR + PERFORMANCE
LEARN MORE
© 2022, Avient Corporation, All Rights Reserved
https://www.avient.com/sites/default/files/2022-02/Additives%20and%20Colorants%20for%20PP-R%20Pipe%20Systems%20Application%20Bulletin.pdf
https://www.avient.com/sites/default/files/2022-01/PREPERM - Body Scanner - Application Snapshot.pdf
AVIENT SOLUTION
LOW LOSS DIELECTRIC PERFORMANCE
LEARN MORE
Copyright © 2022, Av ient Corporation.
https://www.avient.com/sites/default/files/lisakunkle_0.pdf
KUNKLE
Senior Vice President, General Counsel and Secretary
Lisa Kunkle is Senior Vice President, General Counsel and Secretary for Avient Corporation,
a premier provider of specialized and sustainable material solutions and services.
https://www.avient.com/sites/default/files/2024-06/Avient Melle - 2024.pdf
Bergmann GmbH
Adolf-Dambach-Str. 2-4
76571 Gaggenau
c/o Avient ECCOH High Performance Solutions GmbH
Oldendorfer Straße 9, 49324 Melle
Produktion von technischen Thermoplasten
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-wax-mat-case-study-one-pager.pdf
AVIENT SOLUTION
WET GRIP TECHNOLOGY
LEARN MORE
Copyright © 2021, Avient Corporation.