https://www.avient.com/company/sustainability/sustainability-report/goals-commitments/2030-goals-progress
In 2023 we met our renewable energy goal, and continue to be on track to meet our other 2030 targets.
https://www.avient.com/knowledge-base/article/success-stories-engineered-polymers
Dec 08, 2023
https://www.avient.com/investor-center/events/q1-avient-corporation-earnings-conference-call-0
May 03, 2023 8:00 AM EDT
https://www.avient.com/investor-center/events/q3-avient-corporation-earnings-conference-call-0
Nov 02, 2023 8:00 AM EDT
https://www.avient.com/investor-center/events/q2-avient-corporation-earnings-conference-call-0
Jul 27, 2023 8:00 AM EDT
https://www.avient.com/news/focusing-sustainable-future-avient-joins-bluesign-system-partner-dope-dyeing-fiber-colorants
June 13, 2023
TAOYUAN, Greater China – June 13, 2023 – Today, Avient Corporation is delighted to announce that its production site in Taoyuan is among the first providers of dope-dyeing solutions in the world to be a bluesign® SYSTEM PARTNER.
Avient first highlighted this new certification this past week during ITMA 2023, the world’s largest annual international textile and garment technology exhibition in Milan, Italy, emphasizing its continuous efforts to help customers reduce their environmental impact and focus on a more sustainable future.
https://www.avient.com/news/revolve-tactical-tripod-rolatube-stands-out-competition-polystrand-composites-avient
January 12, 2023
CLEVELAND – January 12, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, today announced a successful collaboration with its customer, Rolatube, to help develop the new Revolve™ tactical tripod using Polystrand™ composites from Avient.
It will unveil its patent-pending Revolve tactical tripod at SHOT Show in Las Vegas from January 17-20, 2023.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
GUIDANCE
( T O TA L C O M PA N Y )
7
$845
$824
Guidance Actual
$130 $131
Guidance Actual
Sales Adjusted EBITDA
(in millions)
$0.60
$0.63
Guidance Actual
Adjusted EPS
(in millions)
Q2 2023 PERFORMANCE VS.
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M.
2023E (%)
23
79
90
84 83
76
73
88
82
77
74 72
67
57
20
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
H
X
L
E
C
L
A
S
H
H
U
N
E
M
N
S
C
L
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
MULTI PL E EX PANSION
Source: Peer data per Bloomberg as of July 21, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $40.93.
Three Months Ended
June 30, 2023
Three Months Ended
June 30, 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 22.1 $ 0.24 $ 62.8 $ 0.68
Special items, after tax 19.6 0.21 3.2 0.03
Amortization expense, after-tax 16.2 0.18 $ 10.5 $ 0.12
Adjusted net income / EPS $ 57.9 $ 0.63 $ 76.5 $ 0.83
Three Months Ended
June 30,
Six Months Ended June
30,
Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 2023 2022
Net income from continuing operations – GAAP $ 22.3 $ 62.8 $ 43.6 $ 127.5
Income tax expense 10.4 22.7 18.1 42.7
Interest expense, net 29.4 16.2 58.2 33.1
Depreciation and amortization 47.6 36.5 98.1 74.3
EBITDA from continuing operations $ 109.7 $ 138.2 $ 218.0 $ 277.6
Special items, before tax 21.7 0.9 49.0 7.6
Depreciation and amortization included in special items (0.1) (1.1) (1.9) (3.2)
Adjusted EBITDA $ 131.3 $ 138.0 $ 265.1 $ 282.0
Pro forma APM adjustments — 34.3 — 66.3
Pro forma adjusted EBITDA $ 131.3 $ 172.3 $ 265.1 $ 348.3
Pro forma adjusted EBITDA as a % of sales 15.9 % 17.4 % 15.9 % 17.6 %
1
AVNT Q2 2023 Earnings Presentation 7.26.23
IR Deck - AVNT-2023.06.30 7.24 1217PM non GAAP attachment
Attachment
https://www.avient.com/investor-center/news/avient-hold-second-quarter-2021-conference-call
June 30, 2021
June 30, 2021
Friday, July 30, 2021
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Holden, Massachusetts 30.
Associates generally must be classified as full-time employees (regularly
scheduled to work a minimum of 30 hours a week) to be eligible for health and welfare benefits.
In 2023, we launched nearly 30 sustainability enabling solutions.