https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Adjusted EBITDA is calculated as follows:
As of December 31, 2019 Sales Operating Income
Depreciation &
Amortization Adjusted EBITDA
Legacy Color, Additives and Inks $ 1,003.8 $ 147.4 $ 43.2 $ 190.6
Specialty Engineered Materials 745.7 83.7 29.5 113.2
Distribution 1,192.2 75.4 0.5 75.9
Corporate and Eliminations (79.0) (149.7) 4.9 (144.8)
Total $ 2,862.7 $ 156.8 $ 78.1 $ 234.9
Special items, before tax (1) 61.7
Other income, net 12.1
Net income attributable to non-controlling interests (0.2)
Legacy Avient Total $ 2,862.7 $ 156.8 $ 78.1 $ 308.5
Clariant Masterbatch $ 1,123.1 $ 65.9 $ 24.3 $ 90.2
Special items, before tax (1) 43.3
Net income attributable to non-controlling interests (0.6)
Clariant Masterbatch Total $ 1,123.1 $ 65.9 $ 24.3 $ 132.9
Avient Pro Forma Total $ 3,985.8 $ 222.7 $ 102.4 $ 441.4
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures,
including adjustments related to contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-
market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no
longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines
or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non- recurring items; and the effect of changes in accounting principles
or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
This publication contains information developed by Sustainalytics (www.sustainalytics.com).
(2) The use by Avient of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks of index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Avient by MSCI.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
This publication contains information developed by Sustainalytics (www.sustainalytics.com).
(2) The use by Avient of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks of index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Avient by MSCI.
