https://www.avient.com/investor-center/news/polyone-announces-third-quarter-2019-results
Inventories, net
Decrease (increase) in inventories
Color, Additives and Inks
https://www.avient.com/resource-center/services
ColorWorks provides highly specialized color collaborative design service combined with color technology and expertise to support designers, marketing specialists and brand managers in their brand lifecycle management.
PCR Color Prediction Service
ColorForward™ Color Trend Forecasting Tool
https://www.avient.com/idea/minimize-fogging-food-packaging
Polymer Additives
,
Polymer Colorants
|
Packaging
OnColor™ Smartbatch™ Color and Additive Concentrates
https://www.avient.com/investor-center/news/polyone-announces-full-year-and-fourth-quarter-2018-results
Inventories, net
Increase in inventories
Color, Additives and Inks
https://www.avient.com/investor-center/news/polyone-announces-third-quarter-2018-results
Inventories, net
Increase in inventories
Color, Additives and Inks
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2024-results
Inventories, net
Increase) decrease in inventories
Color, Additives and Inks
https://www.avient.com/news/polyone-design-and-innovation-solutions-take-center-stage-chinaplas-2019
Bob Lee, marketing director, Color & Additives Asia, will present “Color Matters,” an exploration of the way color affects consumers plus the Asia unveiling of PolyOne’s newest Color Inspirations 2020 Visionary collection.
Jennifer Huang
Senior Manager, Marketing Communications, Asia
PolyOne Corporation
+86 21 60284888
jennifer.huang@avient.com
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
These factors are also causing customer inventory destocking across nearly every industry,
further reducing orders from customers."
They are based on management’s
expectations that involve a number of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or implied by the forward-looking
statements.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
Sales:
Color, Additives and Inks $ 565.6 $ 586.6 $ 1,864.2 $ 1,820.3
Specialty Engineered Materials 258.2 231.7 743.6 685.3
Corporate and eliminations (0.5) (0.3) (1.3) 2.9
Sales $ 823.3 $ 818.0 $ 2,606.5 $ 2,508.5
Gross margin:
Color, Additives and Inks $ 161.3 $ 172.1 $ 546.8 $ 563.0
Specialty Engineered Materials 66.9 61.4 201.3 192.6
Corporate and eliminations (32.8) (17.9) (37.4) (28.3)
Gross margin $ 195.4 $ 215.6 $ 710.7 $ 727.3
Selling and administrative expense:
Color, Additives and Inks $ 92.7 $ 105.3 $ 290.1 $ 321.1
Specialty Engineered Materials 35.5 31.4 96.4 94.2
Corporate and eliminations 26.6 26.1 81.3 82.4
Selling and administrative expense $ 154.8 $ 162.8 $ 467.8 $ 497.7
Operating income:
Color, Additives and Inks $ 68.6 $ 66.8 $ 256.7 $ 241.9
Specialty Engineered Materials 31.4 30.0 104.9 98.4
Corporate and eliminations (59.4) (44.0) (118.7) (110.7)
Operating income $ 40.6 $ 52.8 $ 242.9 $ 229.6
Depreciation & amortization:
Color, Additives and Inks $ 24.2 $ 26.6 $ 76.1 $ 79.2
Specialty Engineered Materials 12.9 7.9 28.4 23.8
Corporate and eliminations 2.7 2.1 9.2 4.1
Depreciation & Amortization $ 39.8 $ 36.6 $ 113.7 $ 107.1
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 92.8 $ 93.4 $ 332.8 $ 321.1
Specialty Engineered Materials 44.3 37.9 133.3 122.2
Corporate and eliminations (56.7) (41.9) (109.5) (106.6)
Other (expense) income, net (32.3) 1.6 (31.3) 4.3
EBITDA $ 48.1 $ 91.0 $ 325.3 $ 341.0
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/investor-center/news/polyone-announces-second-quarter-2018-results
Inventories, net
Decrease (increase) in inventories
Color, Additives and Inks
https://www.avient.com/investor-center/news/polyone-announces-second-quarter-2016-results
Inventories, net
Increase) decrease in inventories
Color, Additives and Inks