https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2019-results
They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
Short-term and current portion of long-term debt
Long-term debt
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
Short-term and current portion of long-term debt
Long-term debt
https://www.avient.com/sites/default/files/2024-10/Terms%26Conditions - Brazil English %26 Portuguese.pdf
KLA: 245806 - v5 - p. 1/8
TERMS AND CONDITIONS TERMOS E CONDIÇÕES
1.
These Terms and Conditions (“Terms
and Conditions”) shall apply to any and all
sales of products (“Products”) of PolyOne
Corporation and its affiliates ("Seller") to
third parties (“Buyer”).
1.
These Terms and
Conditions apply to all sales by Seller and
its affiliated companies.
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Thuan An, Vietnam
Pune, India (a) 26.
The other terms and conditions that apply to the 2029 Term Loan are
substantially the same as the terms and conditions that applied to the existing term loan under the Credit Agreement
immediately prior to the Term Loan Amendment.
The
other terms and conditions that apply to the 2029 Term Loan are substantially the same as the terms and conditions
that applied to the existing term loan under the Credit Agreement immediately prior to the Term Loan Amendment.
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions
Colors will last through long-term outdoor exposure
Finite Element Analysis (FEA)
Virtually simulates how an application will perform in real-world conditions with a high level of precision.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
Cost of Sales
Cost of sales as a percentage of sales decreased from 83.8% in 2011 to 81.1% in 2012.
2) Represents estimated contractual interest payments for all short-term and long-term debt.
As of
December 31, 2012, all market conditions were met.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2022-results-connection-announcement-acquire-dsm-protective-materials-dyneema
They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
Short-term and current portion of long-term debt
Long-term debt
https://www.avient.com/news/advanced-technologies-and-sustainable-material-innovations-avient-debut-chinaplas-2024
These new orange colorants, developed as part of Avient’s OnColor portfolio, can help improve the heat and long-term color stability of cautionary, orange-colored polymers in both engineering and general-purpose plastics with no or limited adverse effects on mechanical properties or flame retardancy and can also be customized for laser marking (link to full press release here).
The solution delivers full oxygen scavenging performance with up to 100% rPET content, which can improve the aesthetics of rPET bottles in terms of haze and color
OnForce™ Long Glass Fiber Reinforced Thermoplastics: developed for automotive foot pedals, providing high dimensional stability, rigidity and flexibility, cyclic fatigue strength, and long-term creep resistance as well as excellent chemical and UV resistance, shows good colorability (including silver) and ease of processing
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
They use words such as "will," “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
$0.42
$0.47
2022 PF 2023
Adjusted EPS
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
12
$112
$500
$0.47
$2.30
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Sales Adjusted EBITDA Adjusted EPS
13
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
14
S U S TAI NABI L I T Y DAY
RE CAP
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
17
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
18
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
16.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
19
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
20
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/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
They use words such as "will," “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
In addition, operating
income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used
in debt covenant computations.