https://www.avient.com/news/polyone-hold-third-quarter-2015-conference-call
October 27, 2015 at 8:00 a.m.
+1 440-930-1018
+1 440-930-3162
https://www.avient.com/sites/default/files/2024-10/2024 AVNT Q3 Webcast Slides w appendix and non-GAAP.pdf
You are
advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
EBITDA
$130 million
+6%
(+7% ex FX)Net Sales
$815 million
+8%
(+8.5% ex FX)
Net Sales
$815 million
+8%
(+8.5% ex FX)
Q 3 2024 R ES U LT S
TOTAL COMPANY
$754
$815
$123
$130
(in millions)
$0.57
(in millions)
Adjusted EBITDA Adjusted EPS
5
+ 8%
(+8.5% excluding FX)
+ 6%
(+7% excluding FX)
+ 14%
(+16% excluding FX)
Sales
6
Q3 2024 RESULTS – ORGANIC REVENUE
GROWTH BY REGION VS PY
6
+9%
+5%
+11%
+27%
Avient ex.
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)
7
+ 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)
8
• 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
10
11
• 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 and microsite will be available in
early November
2024 AVIENT INVESTOR DAY
AP P EN D IX
18
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%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
7%
20
(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
21
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
22
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)
23
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/news/polyone-hold-second-quarter-2014-conference-call
July 1, 2014
The company will host a conference call at 8:00 a.m.
Teleconference: July 22, 2014 at 8:00 a.m.
https://www.avient.com/news/polyone-hold-third-quarter-2014-conference-call
October 1, 2014
The company will host a conference call at 8:00 a.m.
Teleconference: October 24, 2014 at 8:00 a.m.
https://www.avient.com/news/polyone-hold-fourth-quarter-2013-conference-call
The company will host a conference call at 8:00 a.m.
Teleconference: January 29, 2014 at 8:00 a.m.
Dial-in number: Domestic: 1-866-543-6403
International: 1-617-213-8896
https://www.avient.com/news/polyone-hold-fourth-quarter-2014-conference-call
The company will host a conference call at 8:30 a.m.
Teleconference: January 28, 2015 at 8:30 a.m.
Dial-in number: Domestic: 1-844-835-7433
International: 1-914-495-8589
https://www.avient.com/news/polyone-hold-first-quarter-2014-conference-call
The company will host a conference call at 8:00 a.m.
Teleconference: May 1, 2014 at 8:00 a.m.
ET, May 1, 2014
https://www.avient.com/investor-center/news/polyone-hold-third-quarter-2018-conference-call
Oct. 1, 2018
8:00 a.m.
October 24, 2018 at 8:00 a.m.
https://www.avient.com/investor-center/news/polyone-hold-third-quarter-2016-conference-call
8:00 a.m.
October 26, 2016 at 8:00 a.m.
Domestic: 1-844-835-7433
https://www.avient.com/investor-center/news/polyone-hold-first-quarter-2019-conference-call
8:00 a.m.
April 17, 2019 at 8:00 a.m.
Domestic: 1-844-835-7433