https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Avient's chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
Senior management believes these measures are useful to investors because they allow for comparison to Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/resources/US_Clinton_RC14001_2020Exp.pdf
https://www.avient.com/sites/default/files/resources/US_North%2520Baltimore_RC14001_2020Exp.pdf
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-uhmwpe.pdf
https://www.avient.com/investor-center/news/avient-announces-pricing-650-million-6250-senior-notes-due-2031
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
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; 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; and other factors described in our Annual Report on Form 10-K for the year ended
https://www.avient.com/sites/default/files/2022-05/Application Snapshot NIR _ REJOIN Final.pdf
Application Snapshot NIR _ REJOIN Final COSMETICS BRAND P E R S O N A L C A R E & C O S M E T I C S P A C K A G I N G • Excellent color performance in PCR resin • Combinable with functional additives • Parts manufactured with 100% PCR • Worked with customer to create circular packaging options with glamorous and striking special effects • Provided a solution that enabled added shine, ensuring the customer achieved beautiful packaging without compromising NIR detectability • Ensured the solution was available for many cosmetics packaging types, including bottles, make-up and caps OnColor™ NIR Black & Dark Sortable Colorants & Rejoin™ PCR Masterbatch for Polyolefins KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Patterson added, “We are an asset-light, high-touch business that generates very high free cash flow conversion.
This is the case for Avient as well, but what further differentiates us, is that in 2020 our EPS also grew 11% vs. 2019.
Management believes this provides better comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-news-release.pdf
It has been over a year since we completed the acquisition of Clariant’s color business and became Avient – bold moves to help us become the specialty formulator we are today,” said Robert M.
Add on nearly $50 million in synergies from the Clariant color business integration, and we are having a record year.”
Management believes this provides better comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
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.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share.
https://www.avient.com/investor-center/news/polyone-announces-acquisition-plasticomp
As we looked to take this business and our customers to the next level,
comprehensive approach to design, service and innovation in thermoplastics and composites will enable us to forge even further ahead with our LFT technology, and I'm excited that our teams have joined together in collaboration for the future."