https://www.avient.com/news/archives?page=37
PolyOne Reveals Palettes of Reflection in Color Inspiration 2021+
CLEVELAND – January 30, 2020 – In its eighth annual trend forecast, Color Inspiration 2021+, PolyOne delivers four carefully considered palettes t
https://www.avient.com/investor-center/investor-news/archives?page=25
PolyOne Drives Textile Industry Sustainability and Innovation with Fiber Colorant Technology
CLEVELAND, Feb. 20, 2018 /PRNewswire/ -- PolyOne Corporation continues to advance its fiber colorant technology, enabling textile manufacturers, con
https://www.avient.com/news/archives?page=35
OnColor™ WC Wire and Cable Colorants Feature Cost-Effective Performance
CLEVELAND – June 24, 2020 – PolyOne today launched OnColor™ WC Choice, a new line of cost-effective colorants that reliably achieve the per
https://www.avient.com/investor-center/investor-news/archives?page=11
Avient Provides Sustainable, Vibrant Color Technology in Fabrics for Eco-Conscious Consumers
CLEVELAND, July 12, 2021 /PRNewswire/ -- From the clothes we wear to the upholstery in the cars we drive, color plays a major role in creating cons
https://www.avient.com/products/vinyl-formulations/vinyl-plastisols-organosols/core-plastisol-adhesives
Pre-Colored Specialty Engineered Formulations
Our pre-colored formations streamline production and improve global consistency
https://www.avient.com/products/polymer-additives/chain-extender-additives/cesa-extend-additives
Color and Additive Concentrates
Colorant and additives overview and capabilities.
https://www.avient.com/news/archives?page=47
MANNHEIM, Germany - March 14, 2018 - Advanced polymers, colorants, and additives from PolyOne are enabling automotive manufacturers to develop new com
PolyOne Showcases Its Expertise and Comprehensive Medical Polymers and Colorants Portfolio at MD&M West 2018
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
& Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
13
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
FX -11%
FX -3%
Total Avient -14%
YoY Comparison against 2022 pro forma results
• Aging infrastructure driving need for greater
technological advancements and upgrades
• Increased focus on strength and capacity
of electrical grid plays into further adoption
of composites into the market
UV, weather-resistance, customized
capabilities
Best-in-class customer responsiveness
Local high-quality manufacturing,
unparalleled breadth of portfolio
Expanding position in insulators, utility
poles, crossarms, and wind energy
Avient Confidential 15
ENERGY
15
• Fiber-optic investments from AT&T, Corning,
Commscope continue to drive industry toward
innovation
• $42B BEAD program in Infrastructure Bill to
increase cable deployments; well-positioned to
capitalize on “Made in America” requirement and
“last mile” buildout
Flame retardance, weather-resistance enables
faster, safer, more reliable connections
Local manufacturing, unparalleled breadth of
portfolio
Expanding position in insulation for wire
jacketing, 5G buildout
TELECOMMUNICATIONS
Source: U.S.
Three Months Ended
March 31, 2023
Three Months Ended
March 31, 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70
Special items, after tax 22.3 0.24 6.4 0.07
Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12
Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89
March 31,
Reconciliation of Pro Forma Sales 2023 2022
Sales $ 845.7 $ 892.2
APM pro forma adjustments — 94.9
Pro forma sales $ 845.7 $ 987.1
1
Three Months Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022
Net income from continuing operations – GAAP $ 21.3 $ 64.7
Income tax expense 7.7 20.0
Interest expense, net 28.8 16.9
Depreciation and amortization 50.5 37.6
EBITDA from continuing operations $ 108.3 $ 139.2
Special items, before tax 27.3 6.7
Depreciation and amortization included in special items (1.8) (2.1)
Adjusted EBITDA $ 133.8 $ 143.8
Pro forma APM adjustments — 32.0
Pro forma adjusted EBITDA $ 133.8 $ 175.8
Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 %
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
AVNT Fermium Conference - May 2023.pdf
AVNT Q1 2023 Earnings Presentation.pdf
AVNT Q1 2023 Earnings Presentation
5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/trilliant-hc-healthcare-thermoplastics
Available in both natural and standard medical pre-colored products, the Trilliant HC family of materials are formulated without BPA ingredients.
Mevopur™ Healthcare Colorants and Formulations
Standard and custom color solutions for today’s complex medical applications
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
This includes equal opportunity and respect for all people regardless of religious beliefs, age, race, gender, or sexual orientation,
as fully explained in Avient’s Code of Conduct and its Position on Human Rights.
The Solution
Smartbatch™ Color and Additive Concentrates offered unparalleled
UV weathering protection color concentrates for our customer’s
solar power stations.
To support the transition to molded-in-color (MIC) parts, the
customer specified Avient’s metallic-effect Smartbatch™ FX
masterbatch colorants for two PC/ABS side panels on the center
console of a compact SUV.