https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
In particular, these include statements relating to future actions;
prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of
contingencies such as legal proceedings and environmental liabilities; and financial results.
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;
• Disruptions or inefficiencies in our supply chain, logistics, or operations;
• Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Demand for our products and services;
• 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;
• 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;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;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, geopolitical conflicts 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.
This is due to the inherent difficulty of forecasting the timing and
amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
https://www.avient.com/products/thermoplastic-elastomers/versaflex-pf-tack-layer-surface-protective-films
Versaflex PF reduces volatile organic compound emissions (VOCs), eliminates expensive and time-consuming coating, and reduces overall energy consumption for an easier, more cost-effective and sustainable process with reduced converting costs versus coating.
https://www.avient.com/products/polymer-colorants/liquid-color-concentrates/mesa-liquid-colorants
Mesa Liquid Colorants answer the need for essential liquid solutions that are consistent and cost effective to use with all common resins.
Cost-effective liquid solution
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/mesa-solid-and-dry-blend-colorants
We offer cost-effective masterbatch or dry colorant solutions in small or large volumes that are compatible with a variety of resins.
Cost-effective solid masterbatch or dry colorant options
https://www.avient.com/news/polyone-introduces-high-lubricity-peek-solutions
This innovative metal replacement solution helps customers to improve product performance while reducing production costs, and eliminates the need for lubrication, so that products can be nearly maintenance-free for increased durability.
LubriOne PEEK Solutions feature lighter weight, a self-lubricated formulation and excellent mechanical properties for an integrated metal-replacement solution that enables our customers to differentiate their products while reducing system costs,” said Engguan Soh, general manager, PolyOne Engineered Materials Asia.
https://www.avient.com/news/polyone-helps-leading-infant-care-brand-meet-stringent-food-safety-standards-and-deliver-brand-promise
In addition, this TPE material uses existing molds, eliminating the cost of new molds and reducing development time, enabling the manufacturer to enjoy more cost-efficient production without delay while driving brand growth.
https://www.avient.com/idea/auto-parts-maker-gets-peak-production-new-approach
That reduced the overall cost of each part by 5 percent, giving the supplier a net savings of more than $65,000.
Since making the change with its radiator hoods, the specialty auto parts molder has expanded its use of OnCap CTR to several additional parts, further boosting its production and competitive edge without system increasing costs.
https://www.avient.com/idea/anti-counterfeiting
The costs and risks that come with an influx of counterfeit products have led governments and corporations to develop anti-counterfeiting strategies.
Recently developed brand protection technologies can help give manufacturers the edge they need to protect their products, reduce or eliminate false warranty costs and even expand into new geographic areas with confidence.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
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;
• The current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including, without limitation, any supply chain and logistics issues;
• 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.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-
routine costs.
Deliver cumulative annual revenue
growth from sustainable solutions
portfolio of 8-12%
Assess top 90% of supplier spend for alignment
with Avient Sustainability objectives.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
31
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
3 3 3 4
3 3
5 5 5
6
nt
nt
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