https://www.avient.com/investor-center/news/avient-announces-second-quarter-2025-results
in the prior year quarter
by year-end
in the prior year quarter.
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
Outlook for 2019 adjusted EPS from continuing operations increased to 6-8% growth over the prior year
The company noted it expects full year 2019 adjusted earnings per share from continuing operations to expand 6-8% over the prior year.
Year Ended
December 31
https://www.avient.com/investor-center/news/avient-hold-fourth-quarter-2024-conference-call
January 14, 2025
Jan. 14, 2025
A recording of the webcast and the slide presentation will be available at avient.com/investors/events-presentations immediately following the conference call and will be accessible for one year.
https://www.avient.com/sites/default/files/2021-08/20210802-business-profile.pdf
: 14/12/1990 Company Type : PRIVATE COMPANY LIMITED BY SHARES Status : Live Company Status Date : 14/12/1990 Principal Activities Activities (I) WHOLESALE TRADE OF A VARIETY OF GOODS WITHOUT A DOMINANT PRODUCT (46900) : : IMPORT/EXPORT AND SALES OF POLYMERS Description : Activities (II) : Description Capital CurrencyIssued Share Capital Share TypeNumber of Shares * (AMOUNT) 694600 SINGAPORE, DOLLARS ORDINARY694600 7200000 UNITED STATES OF AMERICA, DOLLARS ORDINARY7200000 * Number of Shares includes number of Treasury Shares CurrencyPaid-Up Capital Share TypeNumber of Shares (AMOUNT) 694600 SINGAPORE, DOLLARS ORDINARY 7200000 UNITED STATES OF AMERICA, DOLLARS ORDINARY Page 1 of 4 Authentication No. : E21642955A Date: 02/08/2021 ACCOUNTING AND CORPORATE REGULATORY AUTHORITY WHILST EVERY ENDEAVOR IS MADE TO ENSURE THAT INFORMATION PROVIDED IS UPDATED AND CORRECT.
LTD. (199006136Z) (ACRA) Number Of Shares Currency COMPANY HAS THE FOLLOWING ORDINARY SHARES HELD AS TREASURY SHARES Registered Office Address 3 INTERNATIONAL BUSINESS PARK #04-14/15 NORDIC EUROPEAN CENTRE SINGAPORE (609927) : Date of Address 16/08/2020: Date of Last AGM : 29/08/2020 Date of Last AR : 26/10/2020 FYE As At Date of Last AR : 31/12/2019 Audit Firms NAME ERNST & YOUNG LLP Amount Secured Chargee(s) Charges CurrencyCharge No.
FYE - Financial Year End Note : - The information contained in this product is collated from lodgements filed with ACRA, and/or information collected by other government sources. - The list of officers for this entity is available for online authentication within 30 days from the date of purchase of this Business Profile.
https://www.avient.com/investor-center/news/avient-announces-record-third-quarter-2021-results
in the prior year third quarter.
Cash and cash equivalents at beginning of year
Year Ended
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2023-results
in the prior year.
in the prior year.
Cash and cash equivalents at beginning of year
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
DISCLAIMER Avient Corporation 3 Avient Corporation 4 Welcome Bob Patterson Chairman, President, and Chief Executive Officer INTRODUCTION Sustainability for a Better Tomorrow Jamie Beggs Senior Vice President and Chief Financial Officer Avient Corporation 5 WE ARE A FORMULATOR CUSTOM FORMULATION Avient Corporation 6 Avient Corporation 7 WE ARE INNOVATORS 2,500+ ACTIVE PATENT FILINGS WORLDWIDE 1,100+ RESEARCH AND DEVELOPMENT ASSOCIATES >85% Stage-gate technology projects enable sustainable solutions INDIA INNOVATION CENTER 33% 2022 VITALITY INDEX 140+ MATERIAL SCIENCE PhD ASSOCIATES Avient Corporation 8 3% 3% 5% Avient Specialty Formulators Other Specialty / Chemical Companies CAPEX / Revenue 2023E Global footprint enables greater flexibility to exceed needs of customers and deliver localized technical and formulation expertise 35 9 36 24 Manufacturing Locations by Region WE ARE ASSET LIGHT Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA Avient Corporation 9 Asset-light flexibility enables more nimble manufacturing capabilities and lower overhead Periods of economic weakness have driven higher levels of cash generation due to working capital improvement PROVEN TRACK RECORD OF HIGH FREE CASH FLOW CONVERSION 78% 78% 80% 80% 81% 78% 84% 83% 80% 79% 50% 55% 60% 65% 70% 75% 80% 85% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E 0 50 100 150 200 250 300 350 400 Fr ee C as h Fl ow C on ve rs io n Fr ee C as h Fl ow FCF $ AVNT FCF Conversion % S&P FCF Conversion % 2 Recent Divestitures - Combined $1.7B in Proceeds PORTFOLIO EVOLUTION Avient Corporation 10 Combined $3.6B Investment in Acquisitions Since 2016 Color Business Distribution 2016 2022 PORTFOLIO TRANSFORMATION 7% 46% 66% 87% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 2023 % o f A dj us te d EB IT DA Commodity JVs Distribution Performance Products & Solutions Specialty Businesses Adjusted EBITDA from Specialty Applications Avient Corporation 11 END MARKET TRANSFORMATION Packaging Consumer Healthcare Defense Avient Corporation 12 10% 19% 8% 23% 4% 7% 7% 2006 2023E Other Industri es 78% Healthcare Consumer Packaging 22% 56% 14% 10% 43% 9% 2006 2023E Reduced Exposure to Cyclical End Markets End Market Diversification Transportation Building & Construction 57% 19% Defense IMPROVING PROFITABILITY AND EXPANDING MARGINS Avient Corporation 13 Adj.
EBITDA Margins (1) 5.4% 11.5% 16.0% 2006 2018 2023E • Delivered on organic growth combined with transformative and bolt-on acquisitions • Divested commodity businesses tied to more cyclical end markets • Expanded presence in high growth areas of sustainable solutions, composites, healthcare applications and emerging regions LONG-TERM REVENUE GROWTH DRIVERS Avient Corporation 14 Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other (GDP growth) 0–2% Avient 6% 60%+ Key Growth Drivers Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other (GDP Growth) HISTORICAL GROWTH DRIVER PERFORMANCE Avient Corporation 15 Composites $51 $84 $212 $668 2016 2018 2020 2022 Organic CAGR 10% Healthcare $108 $113 $231 $293 2016 2018 2020 2022 Organic CAGR 11% Asia/Emerging Regions $265 $358 $726 $830 2016 2018 2020 2022 Organic CAGR 12% $340 $455 $790 2016 2018 2020 2022 $1,175 Sustainable Solutions Organic CAGR 11% (Sales $ in millions) Avient Corporation 16 $340M $405M $455M $550M $790M $915M 2016 2017 2018 2019 2020 2021 2022 Revenue From Sustainable Solutions 2016-2022 ($ in millions) 11% Organic CAGR $1,175M Lightweighting Eco-Conscious Recycle Solutions VOC Reduction Sustainable Infrastructure Human Health & Safety Reduced Energy Use Bio-polymers Solutions to increase recycled content and minimize plastic waste Solutions to reduce weight and energy consumption Solutions to preserve and protect natural resources & human life SUSTAINABILITY: FOCUS TODAY Sustainability Strategy Walter Ripple Vice President, Sustainability Avient Corporation 17 OUR SUSTAINABILITY COMMITMENT As the world’s premier provider of specialized and sustainable materials, services, and solutions, Avient is committed to meeting the needs of the present without compromising future generations’ ability to meet their needs.
Colgate-Palmolive, March 2021 Avient Corporation 27 2020 2030 12% CAGR RECYCLED PLASTICS DEMAND GROWING DOUBLE DIGITS Avient Corporation 28 Sources: McKinsey, Standard & Poor’s 2022 • Recycled plastics demand is expected to grow at a 12% CAGR through 2030 • Demand is constrained by availability of recycled content and will need investments in both mechanical and chemical processes • As recycled content becomes more available, it is expected to make up 30% of all plastics demand by 2040 Recycled Plastics Virgin Plastics Growing Demand for Recycled Content 3% CAGR MAKING CARBON EMISSIONS COMMITMENTS Avient Corporation 29 100% renewable energy consumption by 2025 50% reduction in product carbon footprint by 2030 Reduce absolute emissions by 25% before 2030, net zero by 2025 Net zero carbon emissions by 2050 Achieve carbon neutrality globally by 2050 Achieve net zero greenhouse gas emissions across enterprise Reduce carbon emissions by 75% by 2030 Achieve net zero emissions by 2040 Reduce greenhouse gas emissions by 0.5M tons by 2025; net zero by 2050 Reach net zero greenhouse gas emissions by 2040 Achieve zero emissions across global operations by 2040 Avient Corporation 30 STAKEHOLDERS’ GROWING INFLUENCE Source: Deloitte 2022 Regulators & government 77% Board members & management 75% Consumers & clients 75% NGOs 72% Shareholders & investors 71% Competitors & peers 66% Employees 65% Percent of Companies Feeling Pressure From… Lenders 55% GOVERNMENT INFLUENCE CREATES OPPORTUNITIES Avient Corporation 31 65% Reduction in carbon emissions per unit of GDP from China by 2030 LOW CARBON FOOTPRINT MATERIALS 25X Increase in offshore wind energy capacity in the E.U. by 2030 INFRASTRUCTURE SOLUTIONS 10% Fuel efficiency increase in 2026 model year vehicles to achieve 49 MPG 90% Replacement of fossil-based plastics with bio-based polymers (Biden Administration) LIGHTWEIGHTING SOLUTIONS BIOPOLYMERS $42B Investment in U.S. infrastructure requiring 100% of fiber optic cable to be U.S.
https://www.avient.com/investor-center/news/polyone-announces-seventh-consecutive-annual-increase-quarterly-dividend
December 14
One year ago, we announced a plan to increase our dividend by more than 60% by 2020, and we are pleased to be delivering on our commitment, as our dividend has now increased by 44% over the last two years," said
https://www.avient.com/sites/default/files/2025-03/ColorMatrix SmartHeat RHC Brochure.pdf
IMPROVED BOTTLE QUALITY +2% in neck weight +3% in body weight -12% in base weight 8.5g 0.5L bottle, 60% rPET Polymer Weight Distribution Based on commercially produced water bottles, 51,000bph Mechanical Strength Increasing SmartHeat RHC Concentration Based on PTI 14.4g 0.5L water bottles, Instron testing To p Lo ad (l bs ) 14 15 16 17 8 9 10 11 0 20 40 60 80 100 0 50 100 150 200 250 300 350 400 450 Burst Pressure Increasing SmartHeat RHC Concentration Based on 8.5g, 0.5L commercially produced water bottles Bu rs t P re ss ur e (B ar ) 14 15 16 17 8 9 10 11 0 20 40 60 80 100 0 50 100 150 200 250 300 350 400 450 REDUCED CO2 EMISSIONS Increasing SmartHeat RHC Concentration Based on a commercial process producing 8.5g 0.5L water bottles as 51,000bph 25% reduction in energy consumed during the bottle blowing process En er gy k W Reduce Energy Consumption SmartHeat RHC increases the heat-up rate for preforms, enabling energy reductions for the heating lamps used during the bottle blowing process.
This effect contributes towards reducing CO2 emissions. 14 15 16 17 8 9 10 11 0 20 40 60 80 100 0 50 100 150 200 250 300 350 400 450 Increasing SmartHeat RHC Concentration Translates to 25% CO2 reductions based on energy savings reducing CO2 emissions by 114 tonnes per year on one commercial blowing line CO 2 (t on ne s) 14 15 16 17 8 9 10 11 0 20 40 60 80 100 0 50 100 150 200 250 300 350 400 450 SmartHeat RHC products are supplied in ColorMatrix™ approved packaging and are active as supplied.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Prior Year 12 Q3 2023 PERFORMANCE VS.
GUIDANCE $800 $754 Guidance Actual $128 $123 Guidance Actual Sales Adjusted EBITDA (in millions) $0.56 $0.57 Guidance Actual Adjusted EPS (in millions) 13 • Demand impacted by destocking and cautious customer sentiment • Positive net price benefit: o CAI - Pricing flat and raw material deflation o SEM - Pricing flat with unfavorable mix related to healthcare, more than offset with raw material deflation • Cost reductions driven by Clariant synergies and reduced administrative costs Q3 EBITDA BRIDGE ($ millions) CAI: Price / Mix -) Deflation 22) SEM: Price / Mix (6) Deflation 13) Net Price Benefit 29) Cost Reductions 13) Wage Inflation (8) FX 1) Q3 2023 Actual $ 123) Adjusted EBITDA Q3 2022 Pro Forma $ 137) Demand (49) 14 2023 G U I DAN CE Q4 2023 GUIDANCE VS.
Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Reconciliation to Condensed Consolidated Statements of Income: $ EPS $ EPS Net income (loss) from continuing operations attributable to Avient shareholders $ 5.1 $ 0.06 $ (27.4) $ (0.30) Special items, after tax 32.0 0.35 68.3 0.75 Amortization expense, after-tax 15.2 0.16 $ 13.4 $ 0.14 Adjusted net income / EPS $ 52.3 $ 0.57 $ 54.3 $ 0.59 Three Months Ended September 30, Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 Sales - GAAP $ 753.7 $ 823.3 Pro Forma APM adjustments — 60.7 Pro forma adjusted sales $ 753.7 $ 884.0 Net income from continuing operations – GAAP $ 5.1 $ (27.8) Income tax (benefit) expense (0.1) (1.2) Interest expense, net 30.3 37.3 Depreciation and amortization 46.4 39.8 EBITDA from continuing operations $ 81.7 $ 48.1 Special items, before tax 43.2 82.0 Interest expense included in special items (2.2) (10.0) Depreciation and amortization included in special items — (0.8) Adjusted EBITDA $ 122.7 $ 119.3 Pro forma APM adjustments — 17.2 Pro forma adjusted EBITDA $ 122.7 $ 136.5 Pro forma adjusted EBITDA as a % of sales 16.3 % 15.4 % 1 Year Ended December 31, Reconciliation to EBITDA and Adjusted EBITDA: 2006 2018 Sales $ 2,622.4 $ 3,533.4 Net income from continuing operations – GAAP $ 133.5 $ 160.8 Income tax expense 29.7 36.4 Interest expense, net 63.1 62.8 Depreciation and amortization 57.1 91.5 EBITDA from continuing operations $ 283.4 $ 351.5 Special items, before tax (34.0) 59.5 Depreciation and amortization included in special items — (3.0) JV - equity income (107.0) — Adjusted EBITDA $ 142.4 $ 408.0 Adjusted EBITDA as a % of sales 5.4 % 11.5 % Reconciliation to EBITDA and Adjusted EBITDA: Three Months Ended December 31, 2022 Net loss from continuing operations – GAAP $ (16.6) Income tax benefit (60.8) Interest expense, net 49.4 Depreciation and amortization 48.6 EBITDA from continuing operations $ 20.6 Special items, before tax 104.3 Interest expense included in special items (16.0) Depreciation and amortization included in special items (1.5) Adjusted EBITDA $ 107.4 Reconciliation of Pro Forma Adjusted Earnings per Share: Three Months Ended December 31, 2022 Net loss from continuing operations attributable to Avient shareholders $ (17.0) Special items, after tax 38.3 Amortization expense, after-tax 14.6 Adjusted net income from continuing operations excluding special items 35.9 Pro forma adjustments* 2.5 Pro forma adjusted net income from continuing operations attributable to Avient shareholders $ 38.4 Weighted average diluted shares 91.7 Pro forma adjusted EPS - excluding special items pro forma for APM acquisition $ 0.42 * Pro forma adjustment to reflect APM results for the period before Avient ownership including the impacts of debt financing and paydown of debt with net proceeds from the Distribution sale. 2 AVNT January IR Presentation.pdf Avient corporation�investor presentation DISCLAIMER Slide Number 3 Creating a world-class�sustainable organization Top-tier sustainability performance�and recognition What we do: We are a formulator Slide Number 7 Avient protective materials �First Year Slide Number 9 Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Slide Number 14 Slide Number 15 Slide Number 16 Slide Number 17 Slide Number 18 Slide Number 19 Slide Number 20 Slide Number 21 Slide Number 22 Slide Number 23 Slide Number 24 Slide Number 25 Avient is asset light Free cash flow conversion Multiple expansion Slide Number 29 Slide Number 30 Slide Number 31 2022 pro forma segment, end market and Geography Color, Additives & Inks Specialty Engineered Materials Slide Number 35 IR Deck - AVNT-2023.09.30 Non GAAP Recs.pdf Attachment