Management believes this provides comparability of the performance of the combined businesses. Senior management also uses operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance. EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating performance.

We now estimate second quarter sales of $1.1 billion and adjusted EPS of $0.80. This represents sales and adjusted EPS growth of 26% and 90%, respectively, over the prior year second quarter.” Management believes this provides better comparability of the performance of the combined businesses.

They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.  Addressable market exceeds $40 billion  Strong performance demonstrates that our strategy and execution are working  Megatrends and emerging opportunities align with strengths  Innovation and services provide differentiation, incremental pricing power and competitive advantage  Strategic balance between reinvestment for growth and returning cash to shareholders  Strong and proven management team driving growth and performance 18 POLYONE CORPORATION Segment Highlights POLYONE CORPORATION 19 2016 Revenue: $0.8 Billion At a Glance: Color, Additives & Inks Key Applications 2016 Revenue by Industry Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 16.0% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020 Operating Income % of Sales Platinum Vision United States 45% Europe 33% Asia 15% Latin America 5% Canada 2% Packaging 30% Industrial 15% W & C 10% B & C 10% Textiles 9% Transportation 9% Consumer 7% Healthcare 6% Appliance 2% E & E 2% POLYONE CORPORATION 20 2016 Revenue: $0.6 Billion At a Glance: Specialty Engineered Materials 2016 Revenue by Industry Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 14.3% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020 Operating Income % of Sales Platinum Vision Consumer 19% Transportation 19% E & E 15% W & C 15% Healthcare 11% Industrial 8% Packaging 7% Appliance 3% B & C 3% United States 51% Europe 27% Asia 20% Canada 2% Key Applications POLYONE CORPORATION 21 2016 Revenue: $0.4 Billion At a Glance: Designed Structures & Solutions 2016 Revenue by Industry Expanding Profits 1.4% 5.6% 7.3% 3.0% 8-10% -0.9% 2012 2013 2014 2015 2016 2020 Operating Income % of Sales Platinum Vision Transportation 27% Industrial 21% Packaging 21% B & C 11% Healthcare 8% Consumer 8% Appliance 3% E & E 1% Key Applications United States 95% Canada 5% http://www.google.com/url? Senior management believes these measures are useful to investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the potential variability across periods based on timing, frequency and magnitude.

General Manager, Color Europe, M.A. Cost of Sales Cost of sales as a percentage of sales increased from 83.6% in 2010 to 83.8% in 2011. Cost of sales declined to 83.6% of sales in 2010 as compared to 84.3% in 2009.

Sales Sales Sales

Management believes this provides comparability of the performance of the combined businesses. Senior management also uses operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance. EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating performance.

Please note that any opinions, estimates or forecasts regarding Avient Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Avient Corporation or its management. 

When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.  

When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.  

When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.