https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
Microsoft Word - Avient Announces Third Quarter 2024 Results
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NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Third Quarter 2024 Results
• Third quarter sales increased 8% over the prior year quarter to $815 million supported by
broad-based growth across all regions and most end markets
• Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the
prior year quarter
• Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14%
over prior year quarter, driven by organic revenue growth and margin expansion in both
segments, as well as lower interest expense
• 2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior
guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in
adjusted EPS over the prior year
• Increased dividend 5% to $1.08, on an annualized basis, representing the fourteenth
consecutive annual increase
CLEVELAND – October 31, 2024 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable materials solutions, today announced its third quarter 2024 results.
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable materials solutions that
transform customer challenges into opportunities, bringing new products to life for a better
world.
Examples include:
• Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and
protection for end-use applications, including ballistic personal protection, marine and
sustainable infrastructure and outdoor sports
• Unique technologies that improve the recyclability of products and enable recycled
content to be incorporated, thus advancing a more circular economy
• Light-weighting solutions that replace heavier traditional materials like metal, glass and
wood, which can improve fuel efficiency in all modes of transportation and reduce carbon
footprint
• Sustainable infrastructure solutions that increase energy efficiency, renewable energy,
natural resource conservation and fiber optic / 5G network accessibility
Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic
Waste and certified Great Place to Work®.
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
About Avient
Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions
that help our customers succeed, while enabling a sustainable world.
In doing so, we innovate solutions that help our
customers overcome their challenges or capitalize on opportunities provided by the fast-
changing world and secular trends.
Further, as a result of Avient's strategic shift to an innovator of materials solutions, it has
completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.
https://www.avient.com/sites/default/files/2022-08/2022 Glasforms EC Application _ Product Selection Guide.pdf
To learn more about our solutions, contact us at +1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
AUTOMOTIVE SOLUTIONS
EMI/RFI SHIELDING & STATIC
DISSIPATIVE FORMULATIONS
FOR ADVANCED DRIVER
ASSISTANCE SYSTEMS
Advanced Driver Assistance Systems (ADAS), comprised of sensitive electronics such as sensors, cameras
and electronic control units (ECUs), require high-performance materials to protect them from static buildup,
EMI/RFI interference and other issues.
https://www.avient.com/sites/default/files/2020-10/wire-cable-1-pager.pdf
APPLICATIONS: Power cables, Ethernet category cables, industrial cables, solar installation cables, coaxial cables,
fiber optics, hybrid cables
SYNCURE™
Cross-Linked Polyethylene for Power Cable Insulation
• Resistant to heat, oil, creep and abrasion
• Fast extrusion speeds
• UL 44 & UL 4703 flame performance
• UL/CSA bulletins
MAXXAM™ FR W&C
Flame Retardant Polypropylene for Category Cable
Insulation and Cross-Webs
• Alternative to FEP
• Low dielectric
• Thin wall extrusion capabilities
• UL 444 & plenum yellow card flame performance
FIRECON™
Flame Retardant Chlorinated Polyethylene
for Industrial Cable Jackets
• Resistance to harsh environments
• Low temperature properties
• UV resistance
• UL 44 flame performance
ECCOH™ LSFOH
Low Smoke and Fume, Non-Halogen for Insulation
and Jackets
• Low smoke and toxicity
• Improved fire safety
• Resistance to chemicals
• UL44 and CPR flame performance
ADDITIONAL SOLUTIONS
MAXXAM™ SY
Foamed Polypropylene for Coaxial Cable Insulation
SYNPRENE™
Flame Retardant Thermoplastic Elastomers
POLYMIX™
Customer Proprietary Formulations
For more information, please visit avient.com
or call +1.844.4AVIENT (+1.844.428.4368).
https://www.avient.com/sites/default/files/2024-04/Maxxam REC Outdoor Plug Socket Case Study_A4.pdf
THE SOLUTION
Working with Plastic Bank, Avient expedited its
approval as a new supplier, reducing Hager’s project
timeline.
https://www.avient.com/sites/default/files/2021-06/colormatrix-oxygen-scavengers-brochure.pdf
Targeted Solutions
Avient offers oxygen scavengers that can be
used with a wide variety of PET based resins and
rPET grades, while being suitable to use for both
mono- and multi-layer containers.
https://www.avient.com/sites/default/files/2022-02/ColorMatrix Triple A Brochure.pdf
Triple A™ offers a cost-
effective and reliable
solution for reducing
and controlling AA
levels which can cause
off-taste in products
packaged in PET.
https://www.avient.com/sites/default/files/2020-10/tpes-for-automotive-hvac-product-bulletin.pdf
GLS™ TPE
AUTOMOTIVE SOLUTIONS
IMPROVE VEHICLE
AIR QUALITY WITH
TPEs FOR AUTOMOTIVE
HVAC FLAPS
Vehicle interior air quality in passenger vehicles and strict automotive OEM standards have driven our advancement
of these low VOC, low fogging TPEs for use in heating/ventilation/air conditioning seals.
https://www.avient.com/sites/default/files/2023-08/Swellcoat Yarns Product Bulletin.pdf
Fahrenheitlaan 8
9207 HE Drachten
The Netherlands
+31(0) 58 216 7599
European Manufacturing Operations
Fiber-Line International
Unit 1B, Churnet Park,
James Brindley Road
Leek, Staffordshire, ST13 8YH
Asia Pacific Operations & Sales Office
Fiber-Line International
Building 9, No. 8 Lanxiang road,
Shimoxi Garden, Wujin Area
Changzhou, Jiangsu, China, 213145
+86(0)519-8885 7566
MATERIALS MADE IN AMERICA BY AMERICAN COMPANIES
Avient manufactures engineered fiber solutions for fiber optic cable manufacturing through its subsidiary
Fiber-Line, LLC.