https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
The company reported third quarter sales of $815.2 million compared to $753.7 million in the prior year quarter.
Third quarter GAAP earnings per share (EPS) from continuing operations were $0.41 compared to $0.06 in the prior year quarter.
Third quarter 2024 adjusted EPS were $0.65 compared to $0.57 in the prior year.
https://www.avient.com/company/sustainability/sustainability-report/reporting/gri
EHS Metrics includes estimated full year performance of APM aquisition
Average hours of training per year per employee
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
First quarter GAAP earnings per share (EPS) from continuing operations was $0.54 compared to $0.23 in the prior year quarter.
It is a positive start to the year, as we grew first quarter adjusted EPS by 21% over the prior year," said Dr.
In Greater China, we also saw year over year growth primarily from industrial and healthcare end markets.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Second quarter GAAP earnings per share (EPS) from continuing operations was $0.36 compared to $0.24 in the prior year quarter.
Khandpur added, "On a geographic basis, all regions delivered year-over-year organic sales growth.
We anticipate continued year-over-year organic sales growth, with both segments growing earnings."
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Our first year of integration has been a tremendous success.”
Third Quarter and Full Year 2021 Outlook Commenting on the company’s 2021 outlook, Mr.
Patterson added, “For the full year 2021, we are also increasing estimates and now expect revenues of approximately $4.6 to $4.7 billion and adjusted EPS of $3.00, a 55% increase over the prior year."
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
First quarter GAAP and adjusted earnings per share (EPS) were $0.23 and $0.63, respectively.
On a full year basis, we are maintaining our previous guidance of adjusted EBITDA and EPS of $530 million and $2.40.
This factors in a more conservative growth rate in the second half of the year in light of the present macroeconomic environment.”
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Our world-class vitality index of 35% represents sales from products introduced in the last five years.
Peer data per Bloomberg market data as of December 2, 2021.
Over the last 10 years, our multiple has expanded as we have progressed in our portfolio transformation.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-news-release.pdf
Third quarter 2021 GAAP EPS from continuing operations was $0.57 compared to $0.02 in the prior year third quarter.
The company maintains its previously communicated full-year adjusted EPS guidance of $3.00, which is an increase of 55% over the prior year adjusted EPS of $1.93. 2 "This has been one of the most challenging years we have experienced as a result of navigating the COVID pandemic and an unprecedented combination of inflation, supply chain disruptions, and labor shortages,” Mr.
Comparisons to prior year full year financial results herein are presented on a pro forma basis such that the prior periods include the business results of Clariant Color for that prior period.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition ($ in millions) 7 SEM CAI Avient • Composites and Outdoor High Performance applications drove positive mix within SEM • Clariant Masterbatch synergy realization under way and expected to drive further margin expansion in 2021 • Portfolio transformation to high growth end markets with focus on sustainable solutions megatrend 10.1% 11.8% 2019PF 2020 (1) (1) EBITDA MARGIN EXPANSION Distribution 6.3% 6.0% 15.2% 17.6% 11.1% 12.1% 2019PF 2020PF 14.5% 19.8% 13.5% 16.1% 6.4% 6.3% 15.2% 16.2% (1) (1) Full YearQ4 (2) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (2) Total company reflects adjusted EBITDA margins SPOTLIGHT: COMPOSITES 8 • SEM delivers a record year in 2020 – 13% operating income growth and over 200 bps in margin expansion year-over-year • Prior investments in composites platform and outdoor high performance applications paying off, resulting in substantial growth over the last two years SEM Operating Income (OI % of Sales) ($ in millions) $(0.1) $(1.0) $2.2 $19.1 $26.8 2016 2017 2018 2019 2020 Composites Performance (Operating Income) $83.7 $94.4 2019 2020 (11.2%) (13.3%) 0.1 0.1 0.2 0.5 0.6 0.7 0.8 0.9 0.9 1.0 11 12 13 14 15 16 17 18 19 20 $19 $160 $338 2011 2019 2020 0.16 0.20 0.26 0.34 0.42 0.50 0.58 0.72 0.79 0.81 0.85 11 12 13 14 15 16 17 18 19 20 21E FREE CASH FLOW AND CAPITAL ALLOCATION 9 Free Cash Flow Dividends Share Repurchases Deleveraging 3.5x 2.7x 2019PF 2020PF Growing Dividend Cumulative Buybacks Net Leverage $B n $ p e r sh ar e Cash Generation (1) (1) ~$1Bn REPURCHASED OVER LAST 10 YEARS ~$350MM PAID OVER LAST 10 YEARS ~$338MM 2.7x NET LEVERAGE (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition GREAT PLACE TO WORK!
Tenure of our relationships with multi-national OEMs exceeds 15 years.
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/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
All Rights Reserved 2025 16 Full-year 2024 organic revenue growth - by region ▲5% ▲1% ▲5% ▲15% Year-over-year revenue growth, excludes the impact of foreign exchange US & Canada Europe, Middle East & Africa Asia Latin America Copyright © .
All Rights Reserved 2025 19 Avient full year 2024 performance vs. full year 2023 Sales 3,143 3,240 FY 2023 FY 2024 EXCL.
EPS - Full year 2025 $2.70 to $2.94 Q1 2025 $0.76 adj.