https://www.avient.com/sites/default/files/2024-11/AVNT M11 Investor Presentation_w_Non-GAAP.pdf
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$487
$522
Q3 23 Q3 24
$89
$97
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
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
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$268
$295
Q3 23 Q3 24
$51
$57
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
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 %
2 0 2 4 G U I D A N C E
FY 20 24 GUIDA NC E
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
20 24 AVI ENT INVESTOR DAY
A P P E N D I X
17
Performance
Additives
15%
Pigments
13%
TiO2
9%
Dyestuffs
2%
Polyethylene
10%Nylon
5%
Polypropylene
4%
Styrenic Block
Copolymer
4%
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RA W MATERI AL BA SKET
SEGMENT DATA
U.S. & Canada
41%
EMEA
36%
Asia
18%
Latin America
5%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
19%
Packaging
23%Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
5%
Defense
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
Transportation
10%
Healthcare
7%
19
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N
US & Canada
34%
EMEA
37%
Asia
21%
Latin America
8%
END MARKET REGION
20
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
9%
Building &
Construction
10%
Telecommunications
1% Energy
2%
COLOR , AD DI TI VES & INKS
2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
21
Packaging
5%
Consumer
16%
Healthcare
6%Industrial
16%
Transportation
12%
Telecommunications
9%
Energy
10% Defense
18%
Building &
Construction
8%
END MARKET REGION
SPEC IA LTY ENGI NEER ED MATERI ALS
Packaging
32%
Consumer
26%
Healthcare
9%
Industrial
13%
Building &
Construction
6%
Telecommunications
2%
Energy
2% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 3 AV I E N T R E G I O N A L S A L E S
Packaging
25%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
9%
Energy
5%
Defense
8%
EMEA
(36% of sales)Transportation
13%
Packaging
13%
Consumer
22%
Healthcare
10%
Industrial
16%
Building &
Construction
12%
Energy
6%
Defense
8%
US &
Canada
(41% of sales)
Transportation
9%
Packaging
59%
Consumer
22%
Healthcare
2%
Industrial
8%
Building &
Construction
4%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
4%
Telecommunications
4%
22
B Y E N D M A R K E T
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/sites/default/files/resources/PDI_Case_Study_-_Medical_Device_0.pdf
The predictions
provided guidance in selecting the right temperatures to use
in a 30-day compressive creep test that enabled PDI to more
accurately estimate device performance over a 20-year span.
https://www.avient.com/sites/default/files/2024-12/PKE grades for Powersports Application Bulletin.pdf
Concentrated Acid - 30% H2SO4, 24 HRS, 23°C
Nylon samples were almost completely dissolved after one day, while the Edgetek PKE bars are still visible.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Portuguese.pdf
Relacionamentos no local de
trabalho
A Avient permite que membros da mesma família
trabalhem para a Avient, mas um membro da família
não tem permissão para supervisionar, direta ou
indiretamente, outro membro da família imediata,
incluindo parentes do cônjuge, devido à possibilidade
de aparência de favoritismo.
Alguns dos conflitos de interesses mais comuns podem
surgir quando você:
• Faz parte de atividades que concorram, ou
pareçam concorrer, com os interesses de nossa
empresa
• Recebe qualquer benefício pessoal ou financeiro,
ou tem um interesse financeiro em trabalhar
ou fornecer serviços para uma empresa que faz
ou busca fazer negócios conosco ou com um
concorrente
• Deixa suas decisões de negócios serem
influenciadas, ou parecerem ser influenciadas,
pelos interesses pessoais ou familiares, ou de
amizades — por exemplo, quando empresas que
você ou um membro de sua família possuem ou
operam demonstram interesse em fazer negócios
com a Avient
• Faz trabalho externo (incluindo serviço em
diretorias) que negativamente afeta seu
22
Sumário
desempenho de trabalho ou interfere em suas
responsabilidades na Avient
• Usa propriedade, informações ou recursos da
empresa para seu benefício pessoal ou benefício
de outros
• Contrata, supervisiona ou tem uma linha direta
ou indireta de subordinação para um membro
da família, incluindo parentes do cônjuge, ou
alguém com quem você tem um relacionamento
romântico
Processo de divulgação
Um conflito de interesses nem sempre é simples e fácil
de reconhecer, e pode surgir de maneira inocente.
https://www.avient.com/sites/default/files/2022-11/Packaging Anti-fog Whitepaper.pdf
With a nearly constant layer of water, translucency
approaching the transparency of the film returns,
and no single droplet is so large as to fall from the
film onto the food in that enclosed air mass within
the package.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
Body Adhesive
This adhesive is a solvent containing the
parent resin of the parts to be bonded .
Open Annular Gate
VALVE GATE
Single-acting gates open with injection pressure
and close under spring/ air cylinder action .
https://www.avient.com/sites/default/files/2024-07/TPE Whitepaper_0.pdf
Productivity improvements shorten production
days to meet tighter deadlines.
https://www.avient.com/sites/default/files/2022-04/Avient Announces Agreement to Acquire Dyneema_0.pdf
Jones Day served as outside legal counsel to Avient.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Design times can be less than
three days for colorants.
Supporting Diversity and Inclusion — All associates are valued and encouraged to
bring their true selves to work every day, and ensuring equal access and opportunity will
contribute to our organization’s success.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2 0 3 0 S U STA I NA B I L I T Y TA RG E TS
26
2 0 2 1 AV I E N T I N V E S TO R DAY
27
• Investor Day to be held December 9, 2021 in New York, NY
• Company will provide updates on its key growth drivers
with a deep focus on sustainable solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team to also present on Clariant MB
integration, M&A opportunities and capital allocation
priorities
PEER COMPARISONS
28
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2023-06/AVIENT_TPEs and LSR eBook.pdf
On the other hand, TPEs are most commonly processed using in-line, single-
screw injection equipment that has been routinely used in the plastics industry
for decades.
And in some
case, the lower production costs of TPEs make them an economical alternative for many single-use products and
pharmaceutical-grade delivery tubing.