https://www.avient.com/sites/default/files/2024-11/AVNT M11 Investor Presentation_w_Non-GAAP.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Each of such adjustments has not yet occurred, are out of Avient’s control and/or cannot be reasonably
predicted.
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
$487
$522
$89
$97
(in millions) (in millions)
10
+ 7%
(+8% excluding FX)
+ 9%
(+11% excluding FX)
18.3%
+40 bps *18.7%
*
* Adjusted EBITDA Margin %
• Sales growth driven by winning
new product specifications in
consumer & packaging, strong
underlying demand in healthcare
and improving demand in building
& construction
• Favorable mix and raw material
deflation contributed to EBITDA
margin expansion
SPECIALTY ENGINEERED MATERIALS SEGMENT
$268
$295
$51
$57
(in millions) (in millions)
11
• Sales growth driven by restocking
in healthcare & consumer end
markets and strong underlying
demand for composite
applications used in building &
construction, energy and defense
end markets
• Favorable mix contributed to
EBITDA margin expansion
+ 10%
(+10% excluding FX)
+ 12%
(+13% excluding FX)
19.0%
+40 bps *19.4%
*
* Adjusted EBITDA Margin %
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (Aug 6) Current
Adjusted EPS $2.55 to $2.70 $2.63 to $2.67
Adjusted EBITDA $515 to $540 million $525 to $530 million
Interest Expense $105 million $104 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures &
Investment in S/4 Hana
~$140 million ~$140 million
13
14
• Investor Day to be held December 4, 2024 at
the NYSE, beginning at 10AM
• The focus will be to do a deep dive on the
Company’s strategy
• Registration available at
www.avient.com/investors
2024 AVIENT INVESTOR DAY
AP P EN D IX
17
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
19
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
20
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
21
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
22
BY END MARKET
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/resource-center?document_type=59&document_subtype=127&industry=0&product_family=81&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-Ojq3VtEkRrXIsgZSyKvAgO_Z3JHuKtjJLR7xfOXoAI8&form_id=resource_filter_form&page=1
Avient Resources
Avient Resources
Auto-Injector Housing - Medical Delivery Device
https://www.avient.com/resource-center?document_subtype=127&document_type=59&form_build_id=form-Ojq3VtEkRrXIsgZSyKvAgO_Z3JHuKtjJLR7xfOXoAI8&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=81&product_name=0&product_subfamily=0&page=1
Avient Resources
Avient Resources
Auto-Injector Housing - Medical Delivery Device
https://www.avient.com/news/avient-showcase-sustainable-textile-innovations-yarn-expo-autumn-shanghai
GRS 4.0 Standard Certification: is an international, voluntary, full-product standard that sets requirements for third-party certification of recycled content, chain of custody, social and environmental practices, and chemical restrictions.
The GRS-certified color and additive solutions from Avient contain a required percentage of pre-consumer or post-consumer recycled polyester primarily from recycled PET, Nylon, PP, PE, and other resin bases that aim to save on energy and water use during the spin-dyeing (dope-dyeing) process.
About Avient
https://www.avient.com/company/policies-and-governance
Avient Supplier Code of Conduct
Avient Corporation and subsidiaries supplier code of conduct
Avient Supplier Information
https://www.avient.com/knowledge-base/article/eco-conscious-packaging-collapsible-totes
This 4:1 folding ratio saves more than two-thirds of storage and transportation space, effectively reducing return logistics costs by up to 75%.
A bladder compacts after use for even more space savings.
Avient’s CORE™ Vinyl Plastisols have been shipped in new collapsible totes for some time, and have been well received by customers.
https://www.avient.com/knowledge-base/article/eco-conscious-packaging-collapsible-totes?sust[]=1139
This 4:1 folding ratio saves more than two-thirds of storage and transportation space, effectively reducing return logistics costs by up to 75%.
A bladder compacts after use for even more space savings.
Avient’s CORE™ Vinyl Plastisols have been shipped in new collapsible totes for some time, and have been well received by customers.
https://www.avient.com/sites/default/files/2020-12/excelite-1-page-case-study-grab-handle.pdf
Excelite OnePager Grab Handle (2)
TIER 1 MOLDER
A U T O M O T I V E G R A B H A N D L E
• Reduce production cycle times
• Achieve processing consistency in chemical foaming
additive (CFA) performance
• Control dimensional stability and reduce production scrap
rates
• Lower conversion costs
• Improved cycle time by 20%
• Achieved additional 2% density reduction
• Resulted in a finer cell structure with a higher cell
density, significantly improving dispersion and
dimensional stability
• Maintained Class A finish
• Reduced CFA use rate by 80%
Excelite™ IM Chemical Foaming Additives
KEY REQUIREMENTS*
WHY AVIENT?
AVIENT SOLUTION
CONSISTENCY + CYCLE TIME REDUCTION
LEARN MORE
*Note – all compared to previous CFA
Copyright © 2020, Avient Corporation.
https://www.avient.com/company/sustainability/performance/report-archive
2021 CDP Supplier Engagement Rating Report
Avient Supplier Information
Supplier Code of Conduct
https://www.avient.com/news/avient-launches-resound-r-recycled-content-portfolios-north-america-and-asia
These TPE grades, formulated for consumer applications, can be used in personal care products, lawn and garden tools, outdoor goods, office supplies, footwear, and houseware durables.
NOTE: On July 1, 2020, PolyOne and Clariant Masterbatches joined together as Avient, a new kind of materials company focused on conquering customer challenges and unlocking the potential for innovation and sustainability around the globe.
Michelle Maniscalco
Senior Manager, Marketing Communications
Avient Corporation
+1 440-930-1988
michelle.maniscalco@avient.com