https://www.avient.com/sites/default/files/2023-11/ISO14001.2015.pdf
This document is issued by the Company subject to SGS General Conditions of certification services available on Terms and Conditions | SGS.
Certified since 06 September 2008
Jonathan Hall
Global Head - Certification Services
Authorised by
SGS United Kingdom Ltd
Rossmore Business Park, Ellesmere Port, Cheshire, CH65 3EN, UK
t +44 (0)151 350-6666 - www.sgs.com
https://www.sgs.com/en/terms-and-conditions/
https://www.avient.com/investor-center/news/polyone-acquires-gordon-composites-and-polystrand
The purchase price for both businesses was
The price includes all assets related to the businesses, including intellectual property, trademarks and production assets.
is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
GUIDANCE
12
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
13
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
14
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
Avient Specialty
Other Specialty /
2023E(%)
37
79
89
83 81
76
73
90
82
77 76 74
70
58
22
MULTIPLE EXPANSION
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $36.50.
https://www.avient.com/sites/default/files/2021-04/bergamid-seat-fastener-case-study.pdf
Also, the price of bent steel plate
is currently going up.
Avient’s team provided a variety of value-
added technical services, including assistance with tool
development, process optimization and testing.
https://www.avient.com/sites/default/files/2024-11/Terms and Conditions of Sale for Canada.pdf
If a present or future law, governmental
decree, order, regulation, or ruling under any existing or future
legislation prevents Seller from increasing or revising the price as
provided herein, or nullifies or reduces any price or price increase
hereunder, upon written notice from one to the other, Seller and
Buyer will attempt to identify mutually agreeable changes to
conform this contract with such law, decree, order, regulation, or
ruling.
Seller may change the price and/or
terms of delivery and shipment at any time up until delivery, except
where a written alternative pricing mechanism exists that is signed
by Seller.
Buyer acknowledges and represents that it
is familiar with and shall strictly comply with all applicable laws and
regulations concerning the trade, export or re-export of products,
services, data or technology (“Items”), including the Export and
Import Permits, the Customs Act, the Defence Production Act, and
the trade sanctions regulations administered by the Canadian
Department of Foreign Affairs or similar laws of any other
applicable jurisdiction (collectively “Trade Control Laws”).
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Belgium.pdf
If a present or future law, governmental
decree, order, regulation, or ruling under any existing or future
legislation prevents Seller from increasing or revising the price as
provided herein, or nullifies or reduces any price or price increase
hereunder, upon written notice from one to the other, Seller and
Buyer will attempt to identify mutually agreeable changes to
conform this contract with such law, decree, order, regulation, or
ruling.
Seller may change the price and/or
terms of delivery and shipment at any time up until delivery, except
where a written alternative pricing mechanism exists that is signed
by Seller.
Buyer acknowledges and represents that it
is familiar with and shall strictly comply with all applicable laws and
regulations concerning the trade, export or re-export of products,
services, data or technology (“Items”), including the International
Traffic in Arms Regulations (ITAR), the Export Administration
Regulations (EAR) and the trade sanctions regulations administered
by the U.S.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Peru.pdf
If a present or future law, governmental
decree, order, regulation, or ruling under any existing or future
legislation prevents Seller from increasing or revising the price as
provided herein, or nullifies or reduces any price or price increase
hereunder, upon written notice from one to the other, Seller and
Buyer will attempt to identify mutually agreeable changes to
conform this contract with such law, decree, order, regulation, or
ruling.
Seller may change the price and/or
terms of delivery and shipment at any time up until delivery, except
where a written alternative pricing mechanism exists that is signed
by Seller.
Buyer acknowledges and represents that it
is familiar with and shall strictly comply with all applicable laws and
regulations concerning the trade, export or re-export of products,
services, data or technology (“Items”), including the International
Traffic in Arms Regulations (ITAR), the Export Administration
Regulations (EAR) and the trade sanctions regulations administered
by the U.S.
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
The Company noted it will provide more details on its 2021 outlook during the webcast scheduled
for 9:00 a.m.
$1.74
$1.93
$2.80
2019PF 2020PF 2021E
Adjusted EPS
(1)
+ 61%
(1)
(1) Financial information is pro forma to include a full year of Clariant
Masterbatch business acquisition
4
Webcast Details
The webcast can be viewed live at avient.com/investors, or by clicking here: https://edge.media-
server.com/mmc/p/eaivs28r.
# #
https://www.avient.com/investors/
https://edge.media-server.com/mmc/p/eaivs28r
https://edge.media-server.com/mmc/p/eaivs28r
https://www.avient.com/investors/
http://www.avient.com/
5
Forward-looking Statements
In this press release, statements that are not reported financial results or other historical
information are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995.
https://www.avient.com/resources/safety-data-sheets?page=5186
GEON C8000 BROWN (PRICING)
GEON 87416 MIST (PRICING)
Services
https://www.avient.com/resources/safety-data-sheets?page=5842
GEON A85U1 GREEN (PRICING)
GEON 87416 TAN (PRICING)
Services