https://www.avient.com/company/sustainability/performance/eps-expansion
And combined efforts to execute our strategy have worked. 2018 marked the ninth consecutive year of adjusted EPS expansion at Avient, as we delivered $2.43 per share.
Over this period, we have significantly increased our operating margins in each of our businesses, as well as our Return on Invested Capital, and we have raised our dividend for seven years in a row.
As a result, we’ve generated $1.3 billion dollars in revenue from sustainable solutions over the last three years.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Just a few months ago, we completed the acquisition of the Clariant Masterbatch business, the largest acquisition in the 20-year history of our company.
Tenure of our relationships with multi-national OEMs exceeds 15 years.
Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition ($ in millions) 13 SEM CAI Avient • Composites and Outdoor High Performance applications drove positive mix within SEM • Clariant Masterbatch synergy realization under way and expected to drive further margin expansion in 2021 • Portfolio transformation to high growth end markets with focus on sustainable solutions megatrend 10.1% 11.8% 2019PF 2020 (1) (1) EBITDA MARGIN EXPANSION Distribution 6.3% 6.0% 15.2% 17.6% 11.1% 12.1% 2019PF 2020PF 14.5% 19.8% 13.5% 16.1% 6.4% 6.3% 15.2% 16.2% (1) (1) Full YearQ4 (2) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (2) Total company reflects adjusted EBITDA margins SPOTLIGHT: COMPOSITES 14 • SEM delivers a record year in 2020 – 13% operating income growth and over 200 bps in margin expansion year-over-year • Prior investments in composites platform and outdoor high performance applications paying off, resulting in substantial growth over the last two years SEM Operating Income (OI % of Sales) ($ in millions) $(0.1) $(1.0) $2.2 $19.1 $26.8 2016 2017 2018 2019 2020 Composites Performance (Operating Income) $83.7 $94.4 2019 2020 (11.2%) (13.3%) 0.1 0.1 0.2 0.5 0.6 0.7 0.8 0.9 0.9 1.0 11 12 13 14 15 16 17 18 19 20 $19 $160 $338 2011 2019 2020 0.16 0.20 0.26 0.34 0.42 0.50 0.58 0.72 0.79 0.81 0.85 11 12 13 14 15 16 17 18 19 20 21E FREE CASH FLOW AND CAPITAL ALLOCATION 15 Free Cash Flow Dividends Share Repurchases Deleveraging 3.5x 2.7x 2019PF 2020PF Growing Dividend Cumulative Buybacks Net Leverage $B n $ p e r sh ar e Cash Generation (1) (1) ~$1Bn REPURCHASED OVER LAST 10 YEARS ~$350MM PAID OVER LAST 10 YEARS ~$338MM 2.7x NET LEVERAGE (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition GREAT PLACE TO WORK!
https://www.avient.com/investor-center/news/polyone-raises-outlook-fourth-quarter-2019-adjusted-earnings
a 25% increase over the prior year.
This results in a full-year adjusted EPS outlook of
Year Ended,
December 31, 2018*
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Internally, we were certified for the fifth year as a Great Place to Work®.
Laiwu, China 14.
Knowsley, United Kingdom 14.
https://www.avient.com/sites/default/files/2025-03/380605_AVIENT_2024AR_full_250325.pdf
Last year, prominent third-party ratings and ranking firms recognized our ongoing improvements.
Khandpur President and CEO 2024 Performance & Highlights Sales: $3.24B +3% GAAP EPS: $1.84 Adjusted EPS(1): $2.66 +13% Adjusted EBITDA(1): $526M +5% Adjusted EBITDA Margin(1): 16.2% +20bps Dividend Increase: 14 Consecutive Years Great Place to Work® Certification 6 Consecutive Years (1)Reconciliations of these measures to the most directly comparable generally accepted accounting principles (GAAP) financial measures are included in this annual report on a supplemental page that follows the Form 10-K.
Eastern Time on Wednesday, May 14, 2025.
https://www.avient.com/investors/investor-news?page=2
14
Feb 14, 2024
Avient Announces Fourth Quarter and Full Year 2023 Results...
https://www.avient.com/investors/investor-news?page=10
PolyOne Announces Fourth Quarter and Full Year 2019 Results...
14
Jan 14, 2020
https://www.avient.com/investors/investor-news?page=15
14
Feb 14, 2018
PolyOne Announces Fourth Quarter and Full Year 2017 Results...
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_of_Sale_for_Finland_%2528English_Language_Version%2529.pdf
Notwithstanding any provision to the contrary, Seller shall be entitled to first credit payments against Buyer's old debts, and in the following order: costs, interests and lastly main obligation.
In the event of a force majeure, Seller has no obligation to purchase material from third parties for resale to Buyer, nor will Seller bear liability for any costs increases suffered by Buyer in purchasing substitute material from a third party. 14.
https://www.avient.com/sites/default/files/2021-10/microbial-susceptibility-of-various-polymers-and-evaluation.pdf
Becker, ACS Macro Lett. 2018, 7, 16. [14] F.
Agents Chemother. 1978, 14, 60. [26] S.
Eng., C 2010, 30, 705. [34] J.