https://www.avient.com/global-email-disclaimers
La información contenida en este mensaje y/o en los documentos adjuntos es de carácter confidencial.
Si usted no es el destinatario, por favor notifíquelo a la persona de Avient que se lo envió y bórrelo inmediatamente junto con todos los adjuntos sin copiarlos o divulgarlos.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_ES-SPAIN2.pdf
Nuestro sistema de mensajería y recursos electrónicos no pueden usarse
para transmitir, recuperar o almacenar conscientemente cualquier
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cualquier persona o grupo, obscena, explícita sexualmente o pornográfica,
difamatoria o amenazante, ilegal o contraria a la política o los intereses
empresariales de Avient.
En estos entornos, Avient permite el
consumo de alcohol, con moderación, siempre y cuando se garantice la
seguridad del público y de los participantes.
Deseamos que
usted y su familia estén sanos y seguros.
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
Outlook for 2019 adjusted EPS from continuing operations increased to 6-8% growth over the prior year
With respect to our outlook for full-year 2019 adjusted EPS from continuing operations, the company does not provide a reconciliation of this forward-looking non-GAAP financial measure to its most comparable GAAP financial measure because it is not possible for the company to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available due to the inherent difficulty of forecasting the timing and amounts of special items.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Free Cash Flow, to the most comparable GAAP financial measures on a forward-looking
basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
GUIDANCE
DEBT / LEVERAGE REDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage 3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
2022 TRANSFORMATIONAL PORTFOLIO
ENHANCEMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
GROWING COMPOSITES PLATFORM
CONTRIBUTIONS TO SEM SEGMENT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
COMPOSITES PORTFOLIO
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVANCED COMPOSITES PERFORMANCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
$51
$84
$212
$668
$4
$10
$41
$169
(1) (1)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
EPS
$0.14
$2.67
$3.04
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
1
14
PEOPLE
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $17 million
raised since 2010
Diversity & Inclusion
15
2022 RE SU LT S
Q4 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
17
$ millions
CAI:
Price / Mix 42
Inflation (20)
SEM:
Price / Mix 14
Inflation (10)
Net Price Benefit 26
Wage and Energy Inflation (13)
Clariant Color Integration Synergies 4
Incentives, Other Employee Costs 21
FX (10)
Q4 2022 $107
Adjusted
Q4 2021 $ 132
Demand (50)
Russia Import Sales (3)
• Demand contraction
especially prevalent in
EMEA and Asia
• Pricing continues to cover
inflation of raw materials,
wages and energy
PROVEN TRACK RECORD OF STRONG AND
IMPROVING FREE CASH FLOW GENERATION
18
• Periods of economic
weakness have driven
higher levels of cash
generation due to
working capital
management
• Anticipate continued
strong free cash flow
generation and
conversion despite
global uncertainty
78% 78% 80% 80% 81%
78%
84% 83%
80%
0%
30%
40%
50%
60%
70%
80%
90%
2014 2015 2016 2017 2018 2019 2020 2021 2022
0
50
100
150
200
250
300
350
400
re
e
as
h
F
lo
w
C
o
n
ve
rs
io
n
re
e
as
h
F
lo
w
FCF $ AVNT FCF Conversion % S&P FCF Conversion %
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials
https://www.avient.com/content/colormatrix-global-email-disclaimers
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https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Colombia %28English and Spanish Translation%29.pdf
Pago y Crédito.
Suspensión y Resolución.
El Vendedor tendrá derecho a
rescindir una confirmación de pedido con efecto inmediato si,
en cualquier momento anterior a la entrega, una persona o
grupo de personas que no estén relacionadas con las personas
que controlan al Comprador en la fecha de la confirmación de
pedido, adquieren el control, mediante la propiedad de títulos
right to terminate the order confirmation by giving Buyer written
notice.
19.
https://www.avient.com/sites/default/files/2021-03/2020-climate-change-avient-score-card.pdf
CC_Score_Report_2020
ACTIVITY GROUP PERFORMANCE
Trading, wholesale, distribution, rental & leasing
Your company is amongst 35% of companies that reached Management level
in your Activity Group
A sample of A-list companies
from your Activity Group:
Grupo Logista
PolyOne received a B which is in the Management band.
https://www.avient.com/sites/default/files/2022-06/2021_Climate Change Score Report_Avient.pdf
CC_Score_Report_2021
ACTIVITY GROUP PERFORMANCE
Trading, wholesale, distribution, rental & leasing
Your company is amongst 49% of companies that reached Management level
in your Activity Group
A sample of A-list companies
from your Activity Group:
Grupo Logista
Hyundai Glovis Co Ltd
Avient received a B which is in the Management band.
https://www.avient.com/sites/default/files/2021-12/2021-climate-change-score-report.pdf
CC_Score_Report_2021
ACTIVITY GROUP PERFORMANCE
Trading, wholesale, distribution, rental & leasing
Your company is amongst 49% of companies that reached Management level
in your Activity Group
A sample of A-list companies
from your Activity Group:
Grupo Logista
Hyundai Glovis Co Ltd
Avient received a B which is in the Management band.
https://www.avient.com/sites/default/files/2022-06/2021_CDP Supplier Engagement Rating_Avient.pdf
SER_Report_2021
ACTIVITY GROUP PERFORMANCE
Trading, wholesale, distribution, rental & leasing
Your company is amongst 19% of companies that reached Leadership level in
your Activity Group
A sample of A-list companies
from your Activity Group:
Grupo Logista
Hilton Food Group plc
Lerøy Seafood Group
Samsung C&T
Avient received a A- which is in the Leadership band.