https://www.avient.com/news/polyone-announces-strong-third-quarter-2014-results
Led by the Specialty Platform, all segments delivered year over year operating income gains driven by continued mix improvement and synergies from the Spartech acquisition
Over this five year period, adjusted EPS has expanded at a 27% compounded annual growth rate."
Today, 43% of our specialty revenues now come from products introduced in the last five years."
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-panels/crtm-panels
Curious about composites?
Curious about composites?
Composite Sandwich Panels
https://www.avient.com/knowledge-base/article/advanced-composites-ballistic-protection
Continuous fiber composites add safety and security to the world we live in
Steel, precast and shock-absorbing concrete, ceramic matrix composites, and fiber-cement composites are all commonly used materials for blast and ballistic resistance.
How do advanced composites improve ballistic protection?
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2023-results
in the prior year.
in the prior year.
Cash and cash equivalents at beginning of year
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
The non-GAAP
financial measures include: adjusted EPS, adjusted operating income, and
return on invested capital
Central support member
• Pultruded composite rod,
often polymer coated
5.
Cable jacket/sheath– Made of
PE
9
Fiber-Line Product
PolyOne Materials
F I B E R O P T I C A L G R O W T H D R I V E R S
PolyOne Corporation 21
5G Networks
Enable lower latency, greater
flexibility & efficiency
Installation of these networks are
in the very early stages
Installation will start in urban
hubs and will continue to expand
into suburban and rural areas
By 2025, only 14% of the world
will have 5G connections
Growth is expected over multi-
year period
5G technology will be a leading growth driver in fiber optic cable for several years
10x
Speed Increase
&
8x
More Antennae Required
5G vs. 4G
PolyOne Corporation 22
Safety Technology Geography Service FinancialPeople
Low EH&S
risk profile
New and
complementary
technologies
Leverage our
global footprint
Strong
customer
relationships
Foundational
operating
margins of
8-10% with
ability to double
Motivated team
with a specialty
culture
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 23
Capture
sourcing
synergies
Cross-sell
& blend
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
44 1.
Over the last 10 years, our
multiple has expanded as we have
progressed in our portfolio
transformation.
We expect this expansion to
continue as we execute our
strategy, increase margins and
consistently grow earnings in
excess of the market.
46
Avient reflects 2022 estimated EBITDA of $635M
Past Avient valuations reflect forward 12 months EBITDA at December 31 of the respective years.
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/composite-heat-release-technology
Composite Heat Release Technology
Composite Heat Release Technology
Composite Heat Release Technology for Firearm Barrels
https://www.avient.com/knowledge-base/article/weathering-storm-advanced-composites
Reliability and resilience of electrical transmission & distribution components gets a boost with fiber-reinforced composites
Home //
Weathering the Storm with Advanced Composites
Composite Materials for Power Transmission and Distribution Products
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Conference.pdf
The non-GAAP
financial measures include: adjusted EPS, adjusted operating income, and
return on invested capital
Leverage
PolyOne’s
global reach
Phase 1 Phase 2
Phase 3
18-20%
operating
margins
Invest in
commercial
resources
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 23
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
243
335
$36
$90
20%
Established Acquisitions
(> 7 years)
+ 40% + 150% + 900 bps
I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E
PolyOne Corporation 24
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
113
144
206
$16 $18
$60
7% 8%
18-20%
Recent Acquisitions
(< 2 years)
PolyOne Corporation 25
Average
Company Size
# of
Possibilities
Rationale
250
• Local to regional footprint
• Niche technology focus
• Concentrated customer base
$50M–$200M 150
• Regional to global footprint
• 1–3 specialty technologies
• Diversified customer base
>$200M 30
• Global footprint with local service
• Diverse specialty technologies
• Highly diversified customer & market
portfolio
S T R O N G P I P E L I N E
D R I V E N B Y F R A G M E N T E D M A R K E T
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 2017 2018
$809M
R E T U R N I N G C A S H T O S H A R E H O L D E R S
O V E R $ 1 B I L L I O N S I N C E 2 0 1 1
PolyOne Corporation
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.58
$0.70
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
3-Year Dividend Plan
Cumulative Share Repurchases
(In millions)
Increasing Annual Dividend
26
6.3%
15.0%
16-17%
2009 2017 Platinum Vision Updated Expectations
R O I C D R I V E S S H A R E H O L D E R R E T U R N
PolyOne Corporation 27
PolyOne Corporation 28
W H Y I N V E S T I N P O L Y O N E ?
Investor Presentation for Website
PolyOne investor presentation
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
PolyOne�2017 Revenue | $3.2 billion
Proof of Performance
Sustainable Path to Double-Digit EPS Growth
Investment in Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 11
New Resources Fueling the Future
Aligning with trends for Growth
Innovation
3 Horizons of Development
Innovation Pipeline
Innovation Spotlight: Composites
Composites Refresher
Strategic Investment History
COMPOSITES in Transportation
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Invest-to-Grow Driving the future
Strong Pipeline�driven by fragmented Market
Returning cash to shareholders�Over $1 Billion since 2011
ROIC drives shareholder return
Why Invest In PolyOne?
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-panels/polystrand-thermoplastic-composite-panels
Curious about composites?
Curious about composites?
Composite Sandwich Panels