https://www.avient.com/industries/packaging/food-packaging/refrigerated-food
Polymer Additives
Color and Additives Solutions Overview
Avient Design
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%25202015%2520Industrial%2520Conference%2520-%2520November%25202015.pdf
In addition, operating income before special items and
adjusted EPS are components of various PolyOne annual and long-term employee
incentive plans
Trailing twelve months adjusted gross margin is calculated as follows:
Three Months
Nine Months
Trailing Twelve Months
(TTM) Ended
(In millions) December 31, 2014 September 30, 2015 September 30, 2015
Gross margin - GAAP $ 152.6 $ 524.6 $ 677.2
Special items in gross margin 15.8 30.0 45.8
Gross margin excluding special items $ 168.4 $ 554.6 $ 723.0
Adjusted EBITDA and net debt to adjusted EBITDA is calculated as follows:
Three Months
Nine Months
Trailing Twelve
Months (TTM) Ended
(In millions) December 31, 2014 September 30, 2015 September 30, 2015
Income from continuing operations,
before income taxes $ (31.2) $ 168.1 $ 136.9
Interest expense, net 15.6 48.5 64.1
Depreciation and amortization 25.0 78.4 103.4
Special items, impact on income from
continuing operations before income
taxes
80.8 39.8 120.6
Accelerated depreciation included in
special items (0.2) (4.6) (4.8)
Adjusted EBITDA $ 90.0 $ 330.2 $ 420.2
Short-term portion and current portion of
long-term debt $ 61.8
Long-term debt 1,038.0
Less: Cash and cash equivalents (235.7)
Net Debt 864.1
Net Debt/TTM Adjusted EBITDA 2.1
Baird Non GAAP Rec
Baird - November 10, 2015
POL IR Presentation - November 2015 11.5.2015 - Website
��PolyOne Investor Presentation�RW Baird 2015 Industrial Conference�November 2015��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Confirmation of Our Strategy
Proof of Performance & 2020 Goals
Innovation Drives Earnings Growth
Innovation Pipeline Potential
Innovation Initiatives
Design and Service as a Differentiator
Customer First Through World-Class Service
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
Appendix
Q3 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Outdoor Applications
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
High-Barrier Packaging Containers
Aerospace Applications
Baird Non GAAP Rec.pdf
Baird - November 10, 2015
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.pdf
In addition, operating income before special items and
adjusted EPS are components of various PolyOne annual and long-term employee
incentive plans
Net debt to adjusted EBITDA is calculated as follows:
Three Months
Twelve Months
Three Months
Trailing Twelve
Months (TTM)
(In millions) March 31, 2014 December 31, 2014 March 31, 2015 March 31, 2015
Short-term portion and current portion of
long-term debt $ 12.8 $ 61.8 $ 61.9
Long-term debt 968.1 962.0 1,049.2
Less: Cash and cash equivalents (238.3) (238.6) (226.4)
Net Debt $ 742.6 785.2 884.7
Income before income taxes $ 39.9 $ 88.4 $ 53.3 $ 101.8
Interest expense, net 15.5 62.2 16.1 62.8
Depreciation and amortization 32.8 123.9 25.1 116.2
Special items, impact on operating income 22.9 164.9 9.3 151.3
Accelerated depreciation included in special
items (6.8) (23.1) (0.1) (16.4)
Adjusted EBITDA $ 104.3 $ 416.3 $ 103.7 $ 415.7
Net Debt/TTM Adjusted EBITDA 2.1
POL IR Presentation - Credit Suisse - June 2015
��PolyOne Investor Presentation�Credit Suisse �Boston Basic Materials Conference �June 2015��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Confirmation of Our Strategy
Strategy and Execution Drive Results
Proof of Performance & 2020 Goals
Platinum Vision: Pathway to Accelerated Growth
Innovation Drives Earnings Growth
Megatrends Aligned with Key End Markets
A Rich Pipeline of Opportunity
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
PolyOne Core Values
Why Invest In PolyOne?
Appendix
Q1 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
Next Generation Solar Charger
High-Barrier Packaging Containers
Aerospace Applications
Credit Suisse - June 25 2015 r2
Credit Suisse - June 25 2015
https://www.avient.com/products/polymer-additives/barrier-and-scavenger-additives/colormatrix-aazure-acetaldehyde-control-technology-pet
ColorMatrix AAzure is a patented liquid formulation additive designed for addition to PET preforms, enabling higher levels of rPET use.
Browse and download our literature to learn more about Avient solutions and services.
Enhancing the Recyclability of PET via Performance Additives
https://www.avient.com/knowledge-base/article/boosting-rpet-quality-and-safety-packaging
Barrier and Scavenger Additives
In addition, the importance of simulating the mechanical recycling process to design new additive technologies cannot be overstated.
Avient has developed a "Heat Stability Protocol" to screen new additive solutions for their impact on color and NIAS through two full recycle loops at 100% recycled content.
https://www.avient.com/knowledge-base/article/boosting-rpet-quality-and-safety-packaging?rtype[]=1164
Barrier and Scavenger Additives
In addition, the importance of simulating the mechanical recycling process to design new additive technologies cannot be overstated.
Avient has developed a "Heat Stability Protocol" to screen new additive solutions for their impact on color and NIAS through two full recycle loops at 100% recycled content.
https://www.avient.com/knowledge-base/article/boosting-rpet-quality-and-safety-packaging?ind[]=6599
Barrier and Scavenger Additives
In addition, the importance of simulating the mechanical recycling process to design new additive technologies cannot be overstated.
Avient has developed a "Heat Stability Protocol" to screen new additive solutions for their impact on color and NIAS through two full recycle loops at 100% recycled content.
https://www.avient.com/investor-center/news/avient-announces-quarterly-dividend-11
Avient Corporation
Avient
Avient Corporation
https://www.avient.com/knowledge-base/article/securing-supplies-medical-plastic-solutions
Mevopur™ Healthcare Functional Additives
Avient’s Mevopur™ portfolio and risk mitigation concept can help healthcare manufacturers on the journey to increased security of supply for plastics used in their products.
Mevopur™ Healthcare Functional Additives
https://www.avient.com/knowledge-base/article/securing-supplies-medical-plastic-solutions?rtype[]=1164
Mevopur™ Healthcare Functional Additives
Avient’s Mevopur™ portfolio and risk mitigation concept can help healthcare manufacturers on the journey to increased security of supply for plastics used in their products.
Mevopur™ Healthcare Functional Additives