https://www.avient.com/sites/default/files/2020-07/avient-abac-canada-200720.pdf
La
présente politique s’applique à Avient et à ses sociétés
affiliées, y compris à tous les dirigeants, employés,
mandataires et autres tiers agissant pour le compte
d’Avient.
Importance de la conformité
Peu importe où nous exerçons nos activités dans le
monde, des lois concernant la lutte contre la corruption
(LC) s’appliquent à nos activités, y compris, sans toutefois
s’y limiter, la loi sur les pratiques corrompues à l’étranger
(Foreign Corrupt Practices Act, FCPA) et la loi sur la
corruption du Royaume-Uni (UK Bribery Act).
Signaux d’alerte
Avient peut également être tenue responsable des
actions de ses mandataires et d’autres tiers (y compris des
partenaires de coentreprise) en vertu des lois concernant
la LC.
https://www.avient.com/sites/default/files/2024-10/2024 AVNT Q3 Webcast Slides w appendix and non-GAAP.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA and Adjusted Earnings Per Share, 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.
https://www.avient.com/sites/default/files/2025-03/380605_AVIENT_2024AR_full_250325.pdf
As the year progressed, economic outlook showed
signs of improvement and destocking dynamics
subsided, which helped increase market demand.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share 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.
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
$0.42
$0.47
2022 PF 2023
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
16
$112
$500
$0.47
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Sales Adjusted EBITDA Adjusted EPS
17
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
S U S TAI NABI L I T Y DAY
RE CAP
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
21
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
22
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
23
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,130 and estimated run-rate CAPEX of $110M.
26
3.5
1.8
2.7
3.1 3.3 3.7
3.0
3.7
4.7 4.8
6.8 6.8
8.7
11.1
Av
ie
nt
AV
PM FM
N C
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2023-results
2024 Outlook
will provide additional details on its 2023 fourth quarter performance and 2024 outlook during its webcast scheduled for
https://www.avient.com/investor-center/news/avient-announces-record-fourth-quarter-and-full-year-2021-results
2022 Outlook
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for adjusted earnings per share, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2024-results
2024 Outlook
will provide additional details on its 2024 first quarter and 2024 outlook during its webcast scheduled for
https://www.avient.com/investor-center/news/polyone-announces-fourth-quarter-and-full-year-2019-results
expected at the time of the company's fourth quarter outlook announcement.
Commenting on the company's outlook, Mr.
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2024-results
2024 Outlook
will provide additional details on its 2024 third quarter results and 2024 full-year outlook during its webcast scheduled for
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2022-results
2023 Outlook
will provide additional details on its 2022 fourth quarter and full year performance and 2023 outlook during its webcast scheduled for