https://www.avient.com/sites/default/files/2021-12/avient-investor-day-registration-details21.pdf
AVNT-2021.06.30-News Release
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NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Registration Details for December 9th Investor Day
CLEVELAND – November 3, 2021 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable material solutions, will host an Investor Day for investment
professionals on Thursday, December 9, 2021, from 8:00 a.m. to 1:00 p.m., at the New York
Marriott Marquis hotel.
Since our last Investor Day in 2018, we have significantly transformed the company with an
increased focus on sustainable solutions,” said Robert M.
http://www.avient.com/investors
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About Avient
Avient Corporation (NYSE: AVNT), with expected 2021 revenues of $4.75 billion, provides
specialized and sustainable material solutions that transform customer challenges into
opportunities, bringing new products to life for a better world.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2022-results-connection-announcement-acquire-dsm-protective-materials-dyneema
NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced its first quarter 2022 results.
provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
We did so at a time when the world craves a more sustainable planet, unprecedented
innovation and economic growth.
FUTURE GROWTH IN EXCESS
OF GDP IS DRIVEN BY:
Our company is positioned to sustainably grow at a rate that
exceeds GDP.
These sustainable solutions make up a growing portfolio for our
company, as demand for them increases across the globe.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
New Sustainability Report and Upcoming Sustainability Day
The company also announced the release of its latest Sustainability Report, now available at
www.avient.com/sustainability.
Sustainability remains a crucial
matter in our world today, and it’s also the largest of our four key growth drivers,” Mr.
We are looking forward to sharing how and where our material science is helping
customers achieve their sustainability goals and the megatrends that are underpinning the future
growth of our sustainable solutions portfolio.”
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
We did so at a time when the world craves a more sustainable planet, unprecedented
innovation and economic growth.
FUTURE GROWTH IN EXCESS
OF GDP IS DRIVEN BY:
Our company is positioned to sustainably grow at a rate that
exceeds GDP.
These sustainable solutions make up a growing portfolio for our
company, as demand for them increases across the globe.
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
OUR VISION
At Avient, we create specialized and sustainable material solutions that transform
customer challenges into opportunities, bringing new products to life for a better world.
We create
specialized and sustainable material solutions that transform
customer challenges into opportunities, bringing new products
to life for a better world.
We did so at a time when the world craves a more sustainable planet, unprecedented
innovation and economic growth.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
OUR VISION
At Avient, we create specialized and sustainable material solutions that transform
customer challenges into opportunities, bringing new products to life for a better world.
We create
specialized and sustainable material solutions that transform
customer challenges into opportunities, bringing new products
to life for a better world.
WHAT WE DO: MATERIAL SCIENCE
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CUSTOM
FORMULATION
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2021
$310
205
140
80
75
45
40
20
$915M2021 Sales
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
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S E CO N D Q UART E R 2022
RE S U LT S
$122
$134
$0.87
$0.98
Q2 2022 PERFORMANCE
(TOTAL COMPANY)
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Sales Adjusted Operating Income
$1,235
$1,302
+ 5%
Adjusted EPS
+ 10% + 13%
(in millions) (in millions)
(+ 10% excluding FX) (+ 16% excluding FX) (+ 20% excluding FX)
Q2 2022 SEGMENT PERFORMANCE
9
CAI
$624
$649
SEM Distribution
$86
$94
+ 4% + 9%
$404
$443
$24
$27
+ 10% + 13%
$241 $244
$37 $37
+ 1% Flat
(+ 10% excluding FX) (+ 16% excluding FX) (+ 6% excluding FX) (+ 3% excluding FX)
Q2 2021 $1,235 $122
Sustainable Solutions 17 7% 7
Healthcare 23 14% 5
Composites (ex Outdoor High Performance) 10 20% 4
Growth in Asia / LATAM 5 3% 1
Other 69 11% 5
Sub-total $1,359 10% $144
Outdoor High Performance Impact (9) (5)
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (48) (7)
Q2 2022 $1,302 5% $134
Q2 2022 SALES AND OPERATING INCOME
(TOTAL COMPANY)
10
Sales Growth Rate
Operating
Income$ millions
EBITDA
Q2 EBITDA BRIDGE
11
Price increases more than
offsets raw material and
supply chain impacts
Q2 2021 $ 159
Demand (29)
$ millions
CAI:
Price / Mix 87
Inflation (58)
SEM:
Price / Mix 36
Inflation (24)
Distribution:
Price / Mix 45
Inflation (41)
Net Price Benefit 45
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (7)
Q2 2022 $ 170
China Lockdowns / Russia Impact $ (14)
Outdoor High Performance (5)
Transportation (5)
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Q2 '21 Adjusted EPS 0.87$
Color, Additives and Inks 0.11
Specialty Engineered Materials 0.01
Distribution 0.03
Corporate Costs 0.01
F/X (0.05)
Segment OI 0.11$
Interest Expense 0.03
Tax Rate (0.03)
Q2 '22 Adjusted EPS 0.98$
Q2 EPS BRIDGE
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
https://www.avient.com/sites/default/files/2024-03/QF-02 QMS Global Standard Response.PDF
It provides information on topics frequently evaluated
by our customers, including quality management, environmental, health and safety, and
sustainability.
Our internal policies and practices often go beyond compliance as part of our
continuing commitment to corporate responsibility and sustainability.
Recall exercises are done on a regular
basis in accordance with the ISO 22000
requirement.
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Sustainable Solutions Live Here.
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
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AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
23%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
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CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic Objectives
Long Term
Growth
Rates
Growth Drivers
$340
$455
$790
$1,135
$51 $84
$212
$645
$108 $113
$231 $230
$265
$358
$726 $725
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable Growth Great Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
5
Avient CDP Score:
A-
FE BRUARY 14 , 2024
W E BCAS T
P RE S E N TAT I O N
DR.
ASHISH KHANDPUR
PRESIDENT & CEO
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8
PORTFOLIO TRANSFORMATION
8
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
EB
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
SUSTAINABILITY AS A GROWTH DRIVER
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LONG-TERM REVENUE GROWTH DRIVERS
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
60%+
Key Growth
Drivers
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other 0–2%
Avient 6%
END MARKET OBSERVATIONS
(% OF COMPANY SALES)
ENERGY
DEFENSE
TELECOMMUNICATIONS
HEALTHCARE
10
TRANSPORTATION
INDUSTRIAL
BUILDING &
CONSTRUCTION 9%
CONSUMER
PACKAGING
23%
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REGIONAL OBSERVATIONS
(% OF COMPANY SALES)
11
Q 4 2023 RE S U LT S
Q4 2023 PERFORMANCE VS.
https://www.avient.com/sites/default/files/2023-03/Nymax BIO - Toy gun scope- Application Snapshot.pdf
TOY GUN BRAND
S C O P E
• Excellent surface appearance
• Low shrink performance
• Reduce carbon emissions
• Competitive price
• Delivered good dimensional stability with a
low water absorption level
• Offered better performance and surface
finish without visible fibers as compared with
normal glass fiber-filled PA6 and PA66
• Formulated with 20-30% bio-based content,
offering low product carbon footprint
values to help meet the customers’
sustainability goal
Customized Nymax™ BIO Bio-based
Polyamide Solutions
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
PREMIUM SURFACE + SUSTAINABILITY
LEARN MORE
Copyright © 2023, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/nymax-bio-bio-based-polyamide-solutions