https://www.avient.com/investor-center/investor-news/archives?page=12
April 30, 2021
April 14, 2021
April 5, 2021
https://www.avient.com/resource-center?document_type=63&all=1
November 16, 2022
Avient Resources
Avient Resources
https://www.avient.com/investor-center/news/polyone-announces-record-first-quarter-2016-results
April 26, 2016
April 26, 2016
Our facility upgrades and LSS activities continue at an aggressive pace, and our recently upgraded commercial team has been fully deployed in pursuit of new business."
https://www.avient.com/investor-center/news/polyone-announces-michael-garratt-serve-interim-president-specialty-engineered-materials
April 30, 2018
April 30, 2018
Michael has a proven track record of leading global teams and delivering specialty innovation and growth," said
https://www.avient.com/news/avient-features-specialty-healthcare-material-solutions-services-mdm-west-2022
Homepage
//
News Center
//
Avient Features Specialty Healthcare Material Solutions & Services at MD&M West 2022
April 11, 2022
Avient is exhibiting in booth 2101 at MD&M West from April 12-14.
https://www.avient.com/news/archives?page=21
Caption: Avient’s ColorForward 2024 predicts consumers to prefer more harmonious colors with a splash of exuberance in 2024
To download a h
December 14, 2022
December 12, 2022
https://www.avient.com/news/new-colormatrix-optica-toners-avient-correct-color-enhance-performance-rpet
April 13, 2021
CLEVELAND – April 13, 2021 – As food and beverage brands increasingly seek to support a circular economy by using more recycled PET (rPET), several aesthetic and processing challenges inherent in rPET are also emerging.
ColorMatrix Optica blue toners are formulated for injection molding and extrusion processes, and are commercially available in major global markets.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
Various levels of training
are provided, depending on prior
commercial experience and need, and
participants train collaboratively—
both online and regionally in-person
to maximize collaborative learning.
A crucial enabler to living
this pledge is having deep material science and commercial expertise on our team, and we’ve
invested heavily in this area.
(2) 2022 EPS figure reflects management guidance as of April 20, 2022 earnings call
*End market revenue as a percent of total
End Market Transformation*
2006 2021 2006 2021
Transportation
Building &
Construction
Packaging
Consumer
57%
21%
57%
22%
14%
43%
11%
8%
4%
19%
23%
Adjusted EPS Growth
2019PF(1) 2020PF(1) 2021 2022F(2)
$1.93
$3.05
$1.74
26% CAGR $3.50
Performance
Overview
(continued from previous page)
Still, the repercussions of the ongoing health pandemic
made for a difficult 2021 for all companies—and it did for
Avient as well.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Commercial Excellence
Governs our activities in the marketplace to deliver extraordinary value to our customers.
EPS (ex Amort & Financing) 3.96$ 0.82$ 4.78$ (0.88)$ 3.90$
Impact of Financing - April Announcement - (0.47) (0.47) 0.30 (0.17)
Incremental Interest Expense Since Announcement - (0.22) (0.22) (0.22)
Adj.
Three Months Ended
June 30, 2022
Three Months Ended
June 30, 2021
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income attributable to Avient shareholders $ 84.7 $ 0.92 $ 68.8 $ 0.74
Special items, after tax 5.1 0.06 11.7 0.13
Adjusted net income / EPS - excluding special items 89.8 0.98 80.5 0.87
FX adjustment n/a n/a $ (4.9) $ (0.05)
Adjusted net income / EPS - excluding special items, adjusted for FX $ 89.8 $ 0.98 $ 75.6 $ 0.82
Reconciliation to Consolidated Statements of Income Three Months Ended June 30,
2022 2021
Results Results
FX
Adjustment
FX Adjusted
Sales:
Color, Additives and Inks $ 649.1 $ 624.4 $ (35.8) $ 588.6
Specialty Engineered Materials 243.9 240.6 (10.5) 230.1
Distribution 443.2 404.4 (0.2) 404.2
Corporate and eliminations (33.8) (34.2) (1.2) (35.4)
Sales $ 1,302.4 $ 1,235.2 $ (47.7) $ 1,187.5
Operating income:
Color, Additives and Inks $ 93.6 $ 86.3 $ (5.2) 81.1
Specialty Engineered Materials 36.6 37.3 (1.3) 36.0
Distribution 27.1 23.7 — 23.7
Corporate and eliminations (27.8) (39.2) 0.2 (39.0)
Operating income 129.5 108.1 (6.3) 101.8
Special items in operating income 4.3 14.2 — 14.2
Adjusted operating income $ 133.8 $ 122.3 $ (6.3) $ 116.0
1
June 30, 2022
GAAP
Special
Adjusted
Operating Income $ 129.5 $ 4.3 $ 133.8
Income before income taxes $ 114.7 $ 3.4 $ 118.1
Income tax expense - GAAP (30.0) — (30.0)
Income tax impact of special items — (0.8) (0.8)
Tax adjustments — 2.5 2.5
Net income attributable to noncontrolling interests — — —
Net income attributable to Avient shareholders $ 84.7 $ 5.1 $ 89.8
EPS $ 0.92 0.06 $ 0.98
Weighted-average diluted shares 92.1 92.1 92.1
June 30, 2021
GAAP
Special
Adjusted
Operating Income $ 108.1 $ 14.2 $ 122.3
Income before income taxes $ 89.8 $ 14.2 $ 104.0
Income tax expense - GAAP (20.4) — (20.4)
Income tax impact of special items — (3.4) (3.4)
Tax adjustments — 0.9 0.9
Net income attributable to noncontrolling interests (0.6) — (0.6)
Net income attributable to Avient shareholders $ 68.8 $ 11.7 $ 80.5
EPS $ 0.74 0.13 $ 0.87
Weighted-average diluted shares 92.4 92.4 92.4
September 30, 2021
GAAP
Special
Adjusted
Operating income $ 78.7 $ 20.0 $ 98.7
Income from continuing operations before income taxes $ 61.1 $ 19.9 $ 81.0
Income tax expense - GAAP (8.5) — (8.5)
Income tax impact of special items — (4.6) (4.6)
Tax adjustments — (3.6) (3.6)
Net income attributable to noncontrolling interests 0.3 — 0.3
Net income from continuing operations attributable to Avient shareholders $ 52.9 $ 11.7 $ 64.6
Net income / EPS $ 0.57 $ 0.13 $ 0.70
Weighted-average diluted shares 92.2 92.2 92.2
Reconciliation of EBITDA by Segment
Year Ended
December 31,
2021
Operating income:
Color, Additives and Inks $ 303.1
Specialty Engineered Materials 132.0
Distribution 93.2
Corporate and eliminations (147.1)
Operating income $ 381.2
Items below OI in Corporate:
Other income, net $ (1.3)
Depreciation & amortization:
Color, Additives and Inks $ 105.7
Specialty Engineered Materials 31.7
Distribution 0.8
Corporate and eliminations 7.7
Depreciation & Amortization $ 145.9
EBITDA:
Color, Additives and Inks $ 408.8
Specialty Engineered Materials 163.7
Distribution 94.0
Corporate and eliminations (140.7)
EBITDA $ 525.8
June 30,
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2022 2021 2021
Net income from continuing operations – GAAP $ 84.7 $ 69.4 $ 230.6
Income tax expense 30.0 20.4 74.0
Interest expense 16.2 19.5 75.3
Depreciation and amortization from continuing operations 36.5 33.8 145.9
EBITDA $ 167.4 $ 143.1 $ 525.8
Special items, before tax 3.4 14.2 57.1
Depreciation and amortization included in special items (1.1) 1.4 (1.7)
Adjusted EBITDA $ 169.7 $ 158.7 $ 581.2
AVNT Aug 2022 Presentation w Non GAAP Recs.pdf
AVNT Aug 2022 Presentation Update.pdf
Avient corporation�investor presentation
DISCLAIMER
Avient: Who We Are
Who we are – Vision, Strategy, Culture
What we do: material science
Sustainability for a Better Tomorrow
Slide Number 7
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Q2 2022 SALES AND OPERATING INCOME�(Total Company)
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2021 Sustainability Report
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Two-Year Leverage model
our Specialty Journey continues
End Market transformation to less cyclical industries�(with Dyneema, ex. distribution)
End-market Focus for �New innovation
Slide Number 24
PEER COMPARISONS
Avient is asset light
High free cash flow conversion
Our valuation versus peers
Slide Number 29
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FIT with Four Pillar Strategy
AVNT Aug 2022 Presentation w Non GAAP Recs v1
Dyneema® overview
AVNT Aug 2022 Presentation w Non GAAP Recs
AVNT Aug 2022 Presentation Update.pdf
Slide Number 35
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Dyneema® in the Value Chain
Demand trends
Products
Avient’s Existing Composites Portfolio
Avient’s Composites Portfolio�Sales and Ebitda
Slide Number 42
�2021 segment, end market and Geography
Slide Number 44
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Slide Number 47
AVNT Aug 2022 Presentation w Non GAAP Recs.pdf
AVNT Q2 2022 Earnings Presentation - Website.pdf
AVNT Q2 2022 Earnings Presentation - Website
AVNT Q2 2022 Earnings Presentation - Website
AVNT Q2 2022 Earnings Presentation - Website
7.25 323pm IR Deck - AVNT-2022.06.30.pdf
AVNT Aug 2022 Presentation w Non GAAP Recs
https://www.avient.com/news/archives?page=32
Unlocking Sustainability: Avient to Showcase Solutions for a Circular Economy at Chinaplas 2021
SHENZHEN, China – April 7, 2021 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, will feat
April 7, 2021