https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
&
Canada
EMEA
Asia
Latin America
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
5%
6%
8%
24%
20%
10%
15%
9% 4% 4%
Defense
Healthcare
Packaging
Consumer
Building &
Construction
Industrial
Transportation
Energy Telecom
4
C R EAT I N G A WO R L D- C L A SS
S US TA I NA B L E ORG A N I ZAT I ON
1. 6.5% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Deliver annual EBITDA and EPS
growth of 10% and 15%
4.
GUIDANCE
( T O TA L C O M PA N Y )
12
14.8%
15.8%
Guidance Actual
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
( T O TA L C O M PA N Y )
13
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
EMEA
38%
Asia
17%
Latin America
5%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
18%
Packaging
23%
Healthcare
7%
Industrial
16%
Building and
Construction
10%
Defense
6%Telecommunications
4%
Energy
5%
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)
14
Transportation
11%
Q1 2 023 SA LES BY R EGI ON
Y o Y C H A N G E ( E X C L .
https://www.avient.com/resources/safety-data-sheets?page=2279
PEARL BLUE T915-1-4
AMBER PET 4
https://www.avient.com/resources/safety-data-sheets?page=5082
PROMOTIONAL GREEN MB 2017 - 4
X HC 268479#SR-25899-4 Purple
https://www.avient.com/resources/safety-data-sheets?page=6668
LMC TITANIUM SG802N 4%
LMC BLACK SG802N 4%
https://www.avient.com/resources/safety-data-sheets?page=6808
ZHEA EBONY 4% SE
ZHEA EBONY 4% VM
https://www.avient.com/resources/safety-data-sheets?page=3288
PRE-BLUE X1000 T225-1-4
PRE-BLUE X1001 T225-1-4
https://www.avient.com/resources/safety-data-sheets?page=3357
MB RED 4
GRAY SPARKLE 4
https://www.avient.com/resources/safety-data-sheets?page=2093
GREEN #4
DGD0147 QE#4 SAHARA
https://www.avient.com/resources/safety-data-sheets?page=3658
X ET103591#SR-03573-0001-4 Aluminum
X ET103591#SR-03573-0002-4 Aluminum
https://www.avient.com/resources/safety-data-sheets?page=2260
TAN COIN 4
EARTH GREEN ID#90 4