https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
This is the case for
Avient as well, but what further differentiates us, is that in
2020 our EPS also grew 11% vs. 2019.
Three Months Ended
March 31,
Reconciliation to Consolidated Statements of Income 2021 2020
Sales $ 1,162.3 $ 711.5
Gross margin - GAAP 302.4 171.5
Special items in gross margin (Attachment 3) (2.2) 0.2
Adjusted Gross margin $ 300.2 $ 171.7
Adjusted Gross margin as a percent of sales 25.8 % 24.1 %
Operating income - GAAP 120.4 52.8
Special items in operating income (Attachment 3) 2.4 9.7
Adjusted Operating income $ 122.8 $ 62.5
Adjusted Operating income as a percent of sales 10.6 % 8.8 %
The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US
GAAP figures.
Three Months Ended
March 31,
2021 2020
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
Income from continuing operations before income taxes $ 102.6 $ 2.4 $ 105.0 $ 45.0 $ 9.6 $ 54.6
Income tax expense - GAAP (22.9) — (22.9) (11.9) — (11.9)
Income tax impact of special items (Attachment 3) — (0.9) (0.9) — (2.0) (2.0)
Tax adjustments (Attachment 3) — 1.1 1.1 — 1.0 1.0
Income tax (expense) benefit $ (22.9) $ 0.2 $ (22.7) $ (11.9) $ (1.0) $ (12.9)
Effective Tax Rate(1) 22.3 % 21.6 % 26.5 % 23.7 %
(1) Rates may not recalculate from figures presented herein due to rounding
13
The following pro forma adjustments are referenced by management to provide comparable business performance by
incorporating the Clariant Masterbatch business in periods prior to the acquisition date (July 1, 2020).
https://www.avient.com/products/advanced-composites/composite-ballistic-protection/glasarmor-ballistic-resistant-panels
UL Rating
Fire-rated for 1 hour per ASTM E119-09c
Explore What's Possible
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
Yet at PolyOne,
we’re always asking ourselves, “what’s next?”
And despite our
remarkable transformation and what our scorecard currently
shows, there is much more to come.
We’re defining our own future—one in which we expect to take
PolyOne from gold to platinum.
https://www.avient.com/sites/default/files/2024-05/ISO14001 Global Cert_Avient_2024.pdf
Copyright 2011-2024 ABS Quality Evaluations, Inc.
ISO 14001:2015
The Environmental Management System is applicable to:
Certificate No: 65537
Certification Date: 29 September 2023
Effective Date: 22 March 2024
Expiration Date: 27 September 2026
Revision Date: 22 March 2024 Dominic Townsend, President
CORPORATE SUPPORT ACTIVITIES, DESIGN, MANUFACTURE AND DISTRIBUTION OF COLOUR AND ADDITIVE
CONCENTRATES, THERMOPLASTIC RESINS AND PELLETS, SPECIALTY COMPOUNDS AND COLORANTS.
Copyright 2011-2024 ABS Quality Evaluations, Inc.
https://www.avient.com/sites/default/files/2025-02/Hammerhead FR Panel eBook.pdf
Census Bureau, HUD, October 18, 2024
Sep-23 Sep-24
Permits
Starts
Completions
Factors affecting these data points include labor shortages, rising demand for
housing, mortgage interest rates, and a heightened emphasis on sustainability.
What’s the
Difference?
What’s Next?
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
March 29, 2022
For the Board of Directors
Lisa K.
We began making our proxy materials
available to stockholders on March 29, 2022.
The payment date will be a date in 2024 determined
by the Compensation Committee (or its authorized delegate), which will occur no later than March 15,
2024.
https://www.avient.com/news/archives?page=32
March 30, 2021
March 12, 2021
March 11, 2021
https://www.avient.com/news/archives?page=65
March 30, 2015
March 26, 2015
March 18, 2015
https://www.avient.com/sites/default/files/2024-12/ISO-9001_English_Shanghai Zhangjiang.pdf
MSC Certificate
Place and date: For the issuing office:
Shanghai, 20 March 2024 DNV - Business Assurance
Building 9, No. 1591 Hongqiao Road,
Changning DistrictShanghai China 200336
Zhu Hai Ming
Management Representative
Lack of fulfilment of conditions as set out in the Certification Agreement may render this Certificate invalid.
ACCREDITED UNIT: DNV Business Assurance B.V., Zwolseweg 1, 2994 LB, Barendrecht, Netherlands - TEL: +31(0)102922689. www.dnv.com/assurance
MANAGEMENT SYSTEM
CERTIFICATE
Certificate no.:
7071-1998-AQ-RGC-RvA
Initial certification date:
28 April 1998
Valid:
30 March 2024 – 29 March 2027
This is to certify that the management system of
PolyOne-Shanghai, China
No. 88, Guo Shou Jing Road, Z.
Park, China (Shanghai) Pilot Free Trade Zone,
Shanghai, China 201203
and the sites as mentioned in the appendix accompanying this certificate
has been found to conform to the Quality Management System standard:
GB/T 19001-2016 / ISO 9001:2015
This certificate is valid for the following scope:
Design and Manufacture of Colour and Additive Concentrates
http://www.dnv.com/assurance
Certificate no.: 7071-1998-AQ-RGC-RvA
Place and date: Shanghai, 20 March 2024
Lack of fulfilment of conditions as set out in the Certification Agreement may render this Certificate invalid.
https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.pdf
Q4 2023
Q4 2024
results
Q4 2024 VS.
EBITDA
84
82
Q4 2023 Q4 2024
EXCL.
EBITDA
502
526
FY 2023 FY 2024
Adj.