https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
First quarter 2021 GAAP EPS from continuing operations was $0.86 compared to $0.38 in the
prior year first quarter.
I’m very pleased to report we achieved the highest level of organic sales growth in the last
decade, as the economy recovers from the pandemic lows of the prior year.
The company said it is ahead of schedule in
capturing cost synergies from the Clariant Masterbatch acquisition and now expects to achieve
$45 million in the current year from the previously announced $35 million.
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Removing even a few ounces from their pack helps
them push through that last mile and reach their goal
for the day.
Give
them an experience to remember
with products built on top-quality
materials from Avient.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-01/w-9-clariant-plastics-coatings-usa-llc-july-20201.pdf
Certain
payees are exempt from FATCA reporting.
Exemption from FATCA reporting code.
Protect yourself from suspicious emails or phishing schemes.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Second quarter 2021 GAAP EPS from continuing operations was $0.74 compared to
$0.25 in the prior year second quarter.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Operating Income 108.1 38.0 228.5 90.8
Net income from continuing operations attributable to Avient shareholders 68.8 23.0 148.1 56.1
Basic earnings per share from continuing operations attributable to Avient
shareholders $ 0.75 $ 0.25 $ 1.62 $ 0.63
Diluted earnings per share from continuing operations attributable to Avient
shareholders $ 0.74 $ 0.25 $ 1.60 $ 0.63
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.
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or
solely as alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Sales $ 1,201.5 $ 997.0 $ 4,818.8 $ 3,242.1
Operating Income 74.0 65.0 381.2 189.3
Net income from continuing operations attributable to Avient
shareholders 29.8 74.2 230.8 132.0
Basic earnings per share from continuing operations attributable to
Avient shareholders $ 0.33 $ 0.81 $ 2.53 $ 1.47
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.32 $ 0.81 $ 2.51 $ 1.46
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.
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as
alternatives to, financial measures prepared in accordance with GAAP.
Non-GAAP financial measures have limitations as analytical tools and
should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
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.
Add on nearly $50 million in synergies from the Clariant color business integration, and we are
having a record year.”
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as
alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/sites/default/files/2024-05/3b - Corporate Governance Guidelines.Draft Feb. 2024.v1.2.Revised.4-16-24.Final_.pdf
The Board may modify the Guidelines from time to time and may make exceptions to them.
1.
The Board shall also consider such
other criteria as it may determine from time to time.
Employee directors will resign from the Board at the time
they resign or retire from their employment with the Company, although the Board may
waive this requirement if it determines such waiver to be in the best interests of the
Company.
https://www.avient.com/sites/default/files/2023-04/Avient_supplierFAQ.pdf
Yes, Coupa will be the official tool from where Avient will send its POs.
Purchase Orders
In what format will I receive now my purchase orders from Avient?
Select a tax code from the Tax Code dropdown and click “Calculate”
7.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
In 2021, we delivered substantial earnings growth and strong cash flow generation as we emerged from the
COVID-19 pandemic.
Non-GAAP financial measures have limitations as analytical tools and
should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
The presentation of these measures may be different from non-GAAP financial measures used by other companies.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Management excludes
intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful
measure of current period earnings per share.
Non-GAAP financial measures have limitations as analytical tools and
should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
The presentation of these measures may be different from non-GAAP financial measures used by other companies.