https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
2
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
Adjusted EPS
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
EMEA
Asia
Latin America
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
36%
18%
5%
7%
7%
23%
19%
9%
16%
10% 5% 4%
Defense
Healthcare
Packaging
Consumer
Building &
Construction
Industrial
Transportation
Energy Telecom
Geography
Segment
Industry
4
CRE AT ING A WORL D-CL AS S
S US TAINABL E ORGANIZ AT ION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Maintain asset-light, 80% free
cash flow conversion profile
5.
AS HIS H KHANDP UR
P R E S I D E N T & C E O
7
8
PORTFOLIO TRANSFORMATION
8
7%
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
E
B
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
SUSTAINABILITY AS A GROWTH DRIVER
9
LONG-TERM REVENUE GROWTH DRIVERS
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
60%+
Key Growth
Drivers
Total Company Revenue
Growth Drivers Long-Term Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other 0–2%
Avient 6%
END MARKET OBSERVATIONS
( % O F C O M PA N Y S A L E S )
ENERGY
5%
DEFENSE
7%
TELECOMMUNICATIONS
4%
HEALTHCARE
7%
10
TRANSPORTATION
10%
INDUSTRIAL
16%
BUILDING &
CONSTRUCTION 9%
CONSUMER
19%
PACKAGING
23%
11
REGIONAL OBSERVATIONS
( % O F C O M PA N Y S A L E S )
11
US & Canada
Latin America
EMEA
Asia
41%
36%
18%
5%
Q 4 2 0 2 3 R E S U L T S
Q4 2023 PERFORMANCE VS.
https://www.avient.com/resource-center?document_type=221&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=1
Advanced Composites Explained
Advanced Materials for the Outdoors
Advanced Composites for Automotive Applications
https://www.avient.com/investor-center/news/avient-announces-agreement-acquire-dsm-protective-materials-dyneema-and-plans-explore-sale-distribution
to discuss the key highlights of the expected acquisition of the Dyneema business as well as its first quarter 2022 financial results.
Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
https://www.avient.com/resource-center?document_type=59
Advanced Composites Explained
Overview of key characteristics, markets and applications
Overview of markets and applications, key characteristics and key benefits of Cesa Raise Heat Stability Modifier for APET Packaging
https://www.avient.com/resource-center?document_subtype=0&document_type=59&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=0
Advanced Composites Explained
Overview of key characteristics, markets and applications
Overview of markets and applications, key characteristics and key benefits of Cesa Raise Heat Stability Modifier for APET Packaging
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=0
Advanced Composites Explained
Overview of key characteristics, markets and applications
Overview of markets and applications, key characteristics and key benefits of Cesa Raise Heat Stability Modifier for APET Packaging
https://www.avient.com/company/sustainability/sustainability-report/products/product-stewardship-global-chemical-management-product-excellence/product-stewardship-and-product-safety
It facilitates communication internally with our associates in manufacturing plants and along the value chain between Avient and our key stakeholders, such as raw material suppliers and customers.
The information is reviewed and updated continuously.
https://www.avient.com/company/sustainability/sustainability-report/products/product-stewardship-and-product-safety
It facilitates communication internally with our associates in manufacturing plants and along the value chain between Avient and our key stakeholders, such as raw material suppliers and customers.
The information is reviewed and updated continuously.
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=43
Advanced Composites Explained
Advanced Composites Overview
Thermoset Advanced Composites Product Selection Guide
https://www.avient.com/resource-center?document_type=0&form_build_id=form-fNS88LG3BRw1MCsEhxqrGzoCcCISeOxlsDfIOUV4Mx0&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=84&product_name=0&product_subfamily=0&page=4
Advanced Composites Explained
Property comparisons, key features and typical application for high temperature formulations
GSDI Advanced Dispersions Product Overview