https://www.avient.com/news/avient-launches-resound-r-recycled-content-portfolios-north-america-and-asia
These TPE grades, formulated for consumer applications, can be used in personal care products, lawn and garden tools, outdoor goods, office supplies, footwear, and houseware durables.
NOTE: On July 1, 2020, PolyOne and Clariant Masterbatches joined together as Avient, a new kind of materials company focused on conquering customer challenges and unlocking the potential for innovation and sustainability around the globe.
Michelle Maniscalco
Senior Manager, Marketing Communications
Avient Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
Microsoft Word - Avient Announces Third Quarter 2024 Results
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Third Quarter 2024 Results
• Third quarter sales increased 8% over the prior year quarter to $815 million supported by
broad-based growth across all regions and most end markets
• Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the
prior year quarter
• Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14%
over prior year quarter, driven by organic revenue growth and margin expansion in both
segments, as well as lower interest expense
• 2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior
guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in
adjusted EPS over the prior year
• Increased dividend 5% to $1.08, on an annualized basis, representing the fourteenth
consecutive annual increase
CLEVELAND – October 31, 2024 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable materials solutions, today announced its third quarter 2024 results.
It will be a future that is focused on delivering growth with margin expansion by
intersecting the needs of our customers and secular market trends with our broad portfolio of
technologies," said Dr.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024 2023 2024 2023
Sales $ 815.2 $ 753.7 $ 2,493.9 $ 2,423.8
Operating income 77.2 34.3 243.7 153.7
Net income from continuing operations attributable to Avient
shareholders 38.2 5.1 121.2 48.0
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.41 $ 0.06 $ 1.32 $ 0.52
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
https://www.avient.com/sites/default/files/2020-12/excelite-one-pager-auto-hvac.pdf
HVAC AUTOMOTIVE
PRODUCER
N O R T H A M E R I C A
Excelite™ IM Chemical Foaming Additives
WHY AVIENT?
AVIENT SOLUTION
LIGHTWEIGHTING + CYCLE TIME
LEARN MORE
• Achieved average weight reduction across molds
of 7.75%
• Achieved cycle time reduction of 15-20%
• Provided key support with equipment and
processing
• Reduced energy consumption
• Projected savings of $500,000 annually
KEY REQUIREMENTS
• Lightweighting
• Cycle time improvement
• Processing support to enable a seamless transition to
begin using foam
Copyright © 2020, Avient Corporation.
https://www.avient.com/investor-center/news/avient-appoints-ashish-k-khandpur-chief-executive-officer-effective-december-1-2023
December 1, 2023
December 1, 2023
Rose, Vice President, Marketing and Communications, Avient Corporation, +1 440-930-3162, kyle.rose@avient.com
https://www.avient.com/news/polyone-colormatrix-technology-enables-energy-savings-china’s-pet-packaging-converters
Avient Announces Quarterly Dividend...
Avient Board of Directors Appoints Ashish K.
Avient Announces First Quarter 2025 Results...
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Pro Forma Financial Information
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Continued supply chain challenges
persisted during Q2 related to raw
material spot purchases, freight
constraints and productivity loss as a
result of these shortages.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Pro Forma Financial Information
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Continued supply chain challenges
persisted during Q2 related to raw
material spot purchases, freight
constraints and productivity loss as a
result of these shortages.
https://www.avient.com/news/archives?page=32
LUXEMBOURG – March 30, 2021 – Avient today announced global expansion of its reSound™ R recycled-content thermoplastic elastomer (TPE) range.
Avient Announces Quarterly Dividend...
Avient Board of Directors Appoints Ashish K.