https://www.avient.com/company/sustainability/planet
Avient Canada ULC
Avient Supplier Information
Supplier Code of Conduct
https://www.avient.com/company/sustainability/performance
Avient Canada ULC
Avient Supplier Information
Supplier Code of Conduct
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
END MARKET FOCUS ON LESS CYCLICAL
INDUSTRIES
11
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPECIALTY EBITDA MARGIN EXPANSION
12
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
13
Adj.
The Q3 2022 "Pro Forma
APM" adjustments reflect periods prior to the acquisition date and are preliminary estimates for APM’s results for the months of July and August.
2
Reconciliation of Avient consolidated pro forma EBITDA
Avient(1)
Pro
forma
APM(1)
Pro
forma
Avient Avient
Pro
forma
APM
Pro
forma
Avient
Net income from continuing operations (27.8) 3.9 (23.9) 33.4 0.3 33.7
Income tax expense (1.2) 0.6 (0.6) 2.0 2.5 4.5
Interest expense 37.3 1.8 39.1 19.0 11.2 30.2
Depreciation and amortization 39.8 10.9 50.7 36.6 18.4 55.0
EBITDA 48.1 17.2 65.3 91.0 32.4 123.4
Special items, before tax 82.0 — 82.0 19.9 — 19.9
Interest expense included in special items (10.0) — (10.0) — — —
Depreciation included in special items (0.8) — (0.8) (0.9) — (0.9)
Adjusted EBITDA $ 119.3 $ 17.2 $ 136.5 $ 110.0 $ 32.4 $ 142.4
(1) - Q3 2022 Avient results reflect one month of APM’s results while owned by Avient, as the acquisition closed on September 1, 2022.
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions?rtype[]=1164
1.
Avient’s application development and technical service (ADTS) capabilities include:
For Avient materials, this information is found in some of our online processing guides.
https://www.avient.com/sites/default/files/2020-10/tpes-for-automotive-fasteners-clips-product-bulletin-1.pdf
www.avient.com
Copyright © 2020, Avient Corporation.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/industries/transportation/advanced-mobility/advanced-driver-assist-systems
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/industries/consumer/consumer-discretionary/small-appliances
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/investors/financials
Why Invest In Avient?
Avient is a compelling investment thesis
Avient Company Officers
https://www.avient.com/products/polymer-additives/reheat-additives-pet
ColorMatrix™ technologies can be used at different stages of the value chain to give you the flexibility and control you need without compromising container aesthetics and recyclability.
Chain Extender Additives
Real-time liquid color creation and supply.
https://www.avient.com/industries/building-construction/power-management
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens