https://www.avient.com/news/polyone-announces-strong-fourth-quarter-and-full-year-2013-results
Organic growth across all platforms, plus the addition of Spartech, drove a 42% year-over-year increase in revenue
CLEVELAND – PolyOne Corporation (NYSE: POL) today reported $924 million in revenue for the fourth quarter of 2013, a 42% increase compared to $651 million in the fourth quarter of 2012.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Microsoft Word - AVNT-2024.06.30-News Release (for PR) 1 NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Second Quarter 2024 Results • Second quarter sales grew to $850 million, a 3% increase over the prior year quarter and a 5% organic increase when excluding the impact of foreign exchange • Second quarter GAAP EPS from continuing operations of $0.36 compared to $0.24 in the prior year quarter • Second quarter adjusted EPS of $0.76 exceeded guidance of $0.71 and increased 21% over prior year quarter, driven by organic revenue growth in all regions, favorable input costs and lower interest expense • Increasing 2024 full-year adjusted EPS guidance range to $2.55 to $2.70, from prior guidance of $2.50 to $2.65 given strong second quarter results; Revised guidance reflects 8% to 14% growth in adjusted EPS over the prior year • 2023 Sustainability Report published online, detailing progress toward 2030 Sustainability Goals and ESG performance ratings • Investor Day to be held December 4th in New York City to highlight the company strategy CLEVELAND – August 6, 2024 – Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its second quarter 2024 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; 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.
Three Months Ended June 30, Six Months Ended June 30, Reconciliation to Consolidated Statements of Income 2024 2023 2024 2023 Sales $ 849.7 $ 824.4 $ 1,678.7 $ 1,670.1 Gross margin - GAAP 257.6 240.7 535.8 488.3 Special items in gross margin (Attachment 3) 21.6 14.2 22.0 22.2 Adjusted gross margin $ 279.2 $ 254.9 $ 557.8 $ 510.5 Adjusted gross margin as a percent of sales 32.9 % 30.9 % 33.2 % 30.6 % Operating income - GAAP 72.5 62.3 166.5 119.4 Special items in operating income (Attachment 3) 27.2 21.8 33.4 48.9 Adjusted operating income $ 99.7 $ 84.1 $ 199.9 $ 168.3 Adjusted operating income as a percent of sales 11.7 % 10.2 % 11.9 % 10.1 % Three Months Ended June 30, Six Months Ended June 30, Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023 Net income from continuing operations – GAAP $ 33.8 $ 22.3 $ 83.5 $ 43.6 Income tax expense 11.2 10.4 28.0 18.1 Interest expense, net 26.6 29.4 53.2 58.2 Depreciation & amortization 44.9 47.6 89.2 98.1 EBITDA from continuing operations $ 116.5 $ 109.7 $ 253.9 $ 218.0 Special items, before tax 28.1 21.7 34.3 49.0 Interest expense included in special items (1.0) — (1.0) — Depreciation & amortization included in special items (0.3) (0.1) (0.8) (1.9) Adjusted EBITDA $ 143.3 $ 131.3 $ 286.4 $ 265.1 Adjusted EBITDA as a percent of sales 16.9 % 15.9 % 17.1 % 15.9 % Year Ended December 31, 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83 Special items, after-tax 79.3 0.86 Amortization expense, after-tax 61.5 0.67 Adjusted net income / EPS $ 216.6 $ 2.36 14 Three Months Ended September 30, 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS Net income from continuing operations attributable to Avient shareholders $ 5.1 $ 0.06 Special items, after-tax 32.0 0.35 Amortization expense, after-tax 15.2 0.16 Adjusted net income / EPS $ 52.3 $ 0.57
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Avient’s Sustainability Council led the effort, in conjunction with the Governance and Risk subcommittee of the Sustainability Council Avient CDP Climate Change Questionnaire 2022 Friday, July 29, 2022 14 and C-level representation from the CFO, Chief Legal Officer, and VP of Internal Audit Risk Management).
Avient did purchase Renewable Energy Credits and Guarantees of Origin in the reporting year, however, it was not additional purchases compared to the previous year and therefore have not been included.
C11.2 (C11.2) Has your organization originated or purchased any project-based carbon credits within the reporting period?
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Cergy, France 14.
See Note 14, Segment Information, for more information.
ITEM 14.
https://www.avient.com/sites/default/files/2020-11/oncap-denesting-case-study.pdf
The objective was to meet specific denesting requirements consistently throughout the packaging without changing the original design, and to do it in a very short time frame.
https://www.avient.com/sites/default/files/2021-08/2030-goals-2020-sustainability-report.pdf
Update: • We are proud to have reached our original target of 35% in 2020 by reducing our Scope 1 & 2 GHG emissions by 37%. • Our next level commitment for 2030 has been established, whereby we will achieve a reduction of 60% and operational carbon neutrality by 2050.
https://www.avient.com/sites/default/files/2020-09/swiss-army-knife-case-study.pdf
MATERIAL COMBO AMPLIFIES COMFORT AND USABILITY FOR SWISS ARMY™ KNIFE VICTORINOX™ UPDATES ITS ICONIC POCKET KNIFE WITH MATERIALS THAT MAKE A DIFFERENCE © 2020, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 THE CHALLENGE The Original Swiss Army™ knife from Victorinox™ is one of the world’s most recognizable brands, and the company has earned a strong reputation for the quality of its pocket knives.
https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Silicon Dioxide.pdf
The substance, Silicon dioxide is of inorganic origin.
https://www.avient.com/sites/default/files/2022-06/CAI Animal Free Additives Product Bulletin.pdf
Demand for AFO (animal-free-origin) packaging is also becoming more popular; this is due in part to the growing global trends of vegetarianism and veganism, but also as a response to some faith-based requirements such as halal or kosher practices.
https://www.avient.com/sites/default/files/2021-04/avient-colorants-france-sas-kbis-extract-apr-29-2021.pdf
Date de commencement d'activité 01/01/2008 Origine du fonds ou de l'activité Création Mode d'exploitation Exploitation directe OBSERVATIONS ET RENSEIGNEMENTS COMPLEMENTAIRES - Mention du 01/01/2009 Par décret n° 2008-146 du 15 février 2008, la compétence commerciale du tribunal de grande instance de Bonneville a été supprimée au 1er janvier 2009 au profit du tribunal de commerce d'Annecy créé à compter de cette date.