https://www.avient.com/products/vinyl-formulations/vinyl-plastisols-organosols/core-plastisol-adhesives
CORE™ Plastisol Adhesives offer versatility and strength across key applications.
Heavy metal free, low VOC grades and custom formulations available.
Phthalate-free dispersions of PVC resins.
https://www.avient.com/news/polyone-highlight-advanced-specialty-solutions-chinaplas-2014
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PolyOne to Highlight Advanced Specialty Solutions at Chinaplas 2014
Inspired by our customers, we are featuring advanced solutions that help solve the toughest issues in material selection, distribution, manufacturing, colorants and design at this important event,” said Mark Crist, vice president of Asia and vice president of Global Key Accounts, PolyOne Corporation.
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
The non-GAAP financial measures include: Adjusted Earnings Per Share, Free Cash Flow, Net Debt/Adjusted EBITDA,
Adjusted EBITDA and Adjusted EBITDA Margin.
Maintain asset-light, 80% free cash
flow conversion profile and be
valued as a specialty formulator
5.
Q 1 2 0 2 3
-8%
+6%
-1%
Flat
14
US & Canada
Latin America
EMEA
Asia
Total Avient -2.6%
2 0 2 3 G U I D A N C E
$128
$525
Q3 FY
$0.56
$2.40
Q3 FY
2023 GUIDANCE
16
$800
$3,280
Q3 FY
Sales Adjusted EBITDA Adjusted EPS
(in millions) (in millions)
17
• Focused on working capital
management, restructuring
actions to streamline
operations
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Preserve Free Cash Flow to
maintain net leverage
CASH FLOW / LEVERAGE
($ millions) 2023E
Cash Flow from Operating Activities 320$
Less: CapEx (140)
Free Cash Flow 180$
Adjusted EBITDA 525$
Net Debt / Adjusted EBITDA 3.0x
SUSTAINABILITY AS A GROWTH DRIVER
18
LONG-TERM REVENUE GROWTH DRI VERS
Revenue From Sustainable Solutions* 2016-2022
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
$1,175M
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
SUSTAINABILITY REPORT
2022
• Provides progress on 2030 goals
• Reaffirms commitment to U.N.
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-pei-color-colorants
Heavy metal-free
Property comparisons, key features and typical application for high temperature formulations
Metal-free formulations to boost color consistency and increase speed to market
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
The non-GAAP financial measures include: Adjusted Earnings Per Share, Free Cash Flow, Net Debt/Adjusted EBITDA,
Adjusted EBITDA and Adjusted EBITDA Margin.
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share, Net Debt/Adjusted EBITDA and Free Cash Flow to the most comparable GAAP financial
measures on a forward-looking basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
Q 1 2 0 2 3
-8%
+6%
-1%
Flat
10
US & Canada
Latin America
EMEA
Asia
Total Avient -2.6%
2 0 2 3 G U I D A N C E
$128
$525
Q3 FY
$0.56
$2.40
Q3 FY
2023 GUIDANCE
12
$800
$3,280
Q3 FY
Sales Adjusted EBITDA Adjusted EPS
(in millions) (in millions)
13
• Focused on working capital
management, restructuring
actions to streamline
operations
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Preserve Free Cash Flow to
maintain net leverage
CASH FLOW / LEVERAGE
($ millions) 2023E
Cash Flow from Operating Activities 320$
Less: CapEx (140)
Free Cash Flow 180$
Adjusted EBITDA 525$
Net Debt / Adjusted EBITDA 3.0x
SUSTAINABILITY AS A GROWTH DRIVER
14
LONG-TERM REVENUE GROWTH DRI VERS
Revenue From Sustainable Solutions* 2016-2022
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
$1,175M
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
SUSTAINABILITY REPORT
2022
• Provides progress on 2030 goals
• Reaffirms commitment to U.N.
https://www.avient.com/news/avient-unveils-ptfe-free-and-non-halogen-flame-retardants-polycarbonate-fakuma-2023
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News Center
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Avient Unveils PTFE-Free and Non-Halogen Flame Retardants for Polycarbonate at Fakuma 2023
They are also halogen-free in accordance with the IEC 61249-2-21 standard.
Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
https://www.avient.com/idea/advanced-composites-ballistic-protection
How do advanced composites improve ballistic protection?
Advanced Composites for Demanding Applications: Your comprehensive guide
Smart Materials™ Advanced Composites for Demanding Applications - E-book
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
The non-GAAP financial measures include: adjusted EPS, adjusted operating income, free cash flow,
return on invested capital and adjusted EBITDA.
Avient Corporation 25
UN Global Compact Commitment
Sustainability Report
Continuous ESG Improvement
• Updated 2030 Sustainability Goals
• Further disclosure on key Environmental,
Social, and Governance impacts
• Joined U.N.
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2020-results
Sustainable solutions remain a key driver of growth for the company, and the most recent contributions and data are available in
Free Cash Flow
Free Cash Flow
https://www.avient.com/investor-center/news/advanced-composite-materials-polyone-bringing-innovation-and-sustainability-transportation-industry
With its advanced thermoplastic composites,
These advanced, comprehensive solutions help customers meet their sustainability goals while also improving performance."
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.