https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
$3.2B $526M
80+ 100+
2011
63%
2024 sales
by business segment
Specialty
Engineered
Materials
SEM
Color,
Additives
& Inks
CAI
2024 sales by end market
41%
35%
18%
2024 sales
by region
US,
Canada
LATAM
EMEA
PACKAGING
23%
CONSUMER
INDUSTRIAL
TRANSPORTATION
BUILDING & CONSTRUCTION
HEALTHCARE
DEFENSE
ENERGY
TELECOM
3%
2024 SALES 2024 ADJ.
Avient 2024 sales
BUSINESS SEGMENTS END MARKETS REGIONS
63%
S E M
C AI
23%
4% 3% Packaging
Telecom
Energy
Defense
41%
35%
18%
US &
Canada
Latin America
Europe, Middle East
24Copyright © .
Three Months Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 48.3 $ 0.52 $ 27.8 $ 0.30
Special items, after-tax (18.0) (0.20) 5.4 0.06
Amortization expense, after-tax 14.8 0.17 15.0 0.16
Adjusted net income / EPS $ 45.1 $ 0.49 $ 48.2 $ 0.52
Year Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 169.5 $ 1.84 $ 75.8 $ 0.83
Special items, after-tax 15.9 0.17 79.3 0.86
Amortization expense, after-tax 59.5 0.65 61.5 0.67
Adjusted net income / EPS $ 244.9 $ 2.66 $ 216.6 $ 2.36
Three Months Ended
Year Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023
Net income from continuing operations – GAAP $ 48.5 $ 27.6 $ 170.7 $ 76.3
Income tax expense (benefit) 14.8 (7.0) 54.1 11.0
Interest expense 25.5 26.8 105.6 115.3
Depreciation and amortization from continuing operations 45.4 44.2 179.7 188.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
Adjusted EBITDA as a percent of sales 14.7 % 15.8 % 16.2 % 16.0 %
Three Months Ended
Year Ended
2024 2023 2024 2023
Sales:
Color, Additives and Inks $ 467.7 $ 459.4 $ 2,046.5 $ 2,007.4
Specialty Engineered Materials 279.7 259.8 1,196.8 1,138.2
Corporate (0.9) (0.2) (2.9) (2.8)
Sales $ 746.5 $ 719.0 $ 3,240.4 $ 3,142.8
Gross margin:
Color, Additives and Inks $ 152.6 $ 148.3 $ 681.1 $ 631.2
Specialty Engineered Materials 84.2 78.1 374.9 341.8
Corporate 22.7 (17.5) 0.7 (80.5)
Gross margin $ 259.5 $ 208.9 $ 1,056.7 $ 892.5
Selling and administrative expense:
Color, Additives and Inks $ 92.8 $ 86.5 $ 384.9 $ 371.3
Specialty Engineered Materials 49.6 48.7 207.7 199.3
Corporate 31.5 30.6 134.8 125.1
Selling and administrative expense $ 173.9 $ 165.8 $ 727.4 $ 695.7
Operating income:
Color, Additives and Inks $ 59.8 $ 61.8 $ 296.2 $ 259.9
Specialty Engineered Materials 34.6 29.4 167.2 142.5
Corporate (8.8) (48.1) (134.1) (205.6)
Operating income $ 85.6 $ 43.1 $ 329.3 $ 196.8
Depreciation and amortization:
Color, Additives and Inks $ 21.9 $ 22.2 $ 87.5 $ 98.3
Specialty Engineered Materials 21.0 19.8 82.1 81.5
Corporate 2.5 2.2 10.1 9.0
Depreciation and amortization $ 45.4 $ 44.2 $ 179.7 $ 188.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 81.7 $ 84.0 $ 383.7 $ 358.2
Specialty Engineered Materials 55.6 49.2 249.3 224.0
Corporate (6.3) (45.9) (124.0) (196.6)
Other income, net 3.2 4.3 1.1 5.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
2
Year Ended December 31,
Adjusted Free Cash Flow Calculation 2024 2023
Cash provided by operating activities $ 256.8 $ 201.6
Taxes paid on gain on sale of business — 104.1
One-time payout associated with deferred compensation plans 20.8 —
Adjusted cash provided by operating activities $ 277.6 $ 305.7
Capital expenditures (121.9) (119.4)
Adjusted free cash flow $ 155.7 $ 186.3
Three Months Ended March 31, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54
Special items, after-tax 5.5 0.06
Amortization expense, after-tax 14.9 0.16
Adjusted net income / EPS $ 69.8 $ 0.76
3
AVNT February Investor Presentation_2_25.pdf
Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
Avient February 2025 Investor Presentation_w_non-GAAP.pdf
Non-GAAP- IR Deck - AVNT-2024.12.31 2.06.25 12PM.pdf
Attachment
https://www.avient.com/knowledge-base/article/less-wear-more-wow?rtype[]=1164
And as an automotive designer, you want each and every one of your vehicles to give drivers and passengers a riding experience just short of nirvana.
There’s just one problem: all of that increased usage creates greater wear on components.
An electric car does not even have engine noise to drown out those bumps, squeaks, and rattles.
https://www.avient.com/knowledge-base/article/less-wear-more-wow?ind[]=6601
And as an automotive designer, you want each and every one of your vehicles to give drivers and passengers a riding experience just short of nirvana.
There’s just one problem: all of that increased usage creates greater wear on components.
An electric car does not even have engine noise to drown out those bumps, squeaks, and rattles.
https://www.avient.com/news/polyone-showcases-new-specialty-wilflex-and-rutland-inks-iss-2018
Rutland plastisol white inks – New and innovative white inks offering excellent opacity, superior fiber mat-down and outstanding hand for the best performance on today’s fashion forward garments
The ISS show is one of the most important events within the screen printing industry, and we are especially eager to present our combined portfolio of specialty inks during this year’s show,” said Scott Craig, general manager, Specialty Inks at PolyOne.
SEARCH INVESTOR NEWS
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
As
new TPE technologies emerge to adhere to engineering plastics like nylon and PC/ABS, PP-based
color concentrates may not be the best choice for optimized adhesion characteristics.
Externally heated manifolds are best.
As
new TPE technologies emerge to adhere to engineering plastics like nylon and PC/ABS, PP-based
color concentrates may not be the best choice for optimized adhesion characteristics.
https://www.avient.com/idea/could-polyketone-be-next-generation-nylon-alternative?utm_source=linkedin&utm_medium=social&utm_campaign=LinkedIn-Organic-General
In each comparison, polyketone thermoplastics offer product engineers and designers a new tool in the product development toolbox for engineering plastics.
One of the other key values of polyketone thermoplastics is their incredible chemical resistance, especially in contrast to aliphatic and aromatic hydrocarbons.
Glass-filled PA6 & PA66 test bars dissolved within one day, while the glass-filled PK samples remained stable after 20 days.
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-continuous-filament-wound-tubes-poles
Avient engineers work with customers to develop a specific resin matrix and fiber loading to meet the compressive, flexural, and tensile strengths required.
Take a comprehensive look at composite materials to help you identify the best solution for your needs
Find unmatched power, strength, and predictable performance to power the best bows on earth
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Specialty Engineered Materials
Specialty Engineered Materials
SEARCH INVESTOR NEWS
https://www.avient.com/sites/default/files/2021-06/colormatrix-select-brochure.pdf
Your colors can be consistently reproduced from any Avient facility
worldwide.
1
2 VISIT ONE OF OUR SELECT FACILITIES
Alternatively, you can visit one of our global Select development facilities
and work with one of our experts to create your color, produce and approve
samples all in the same day.
By visiting one of our Select facilities colors can
be created, developed and approved in as little
as 30 minutes.
Technical Support Services
Our team of technical service engineers are located
globally to provide full training and manufacturing
support.
https://www.avient.com/knowledge-base/article/accelerate-product-development-predictive-analytics
Engineered Polymer Services
It solves problems by dividing a large complex system into smaller and simpler ones called elements.
It can help designers and engineers avoid costly detours and gain confidence in the quality of their process and application.