https://www.avient.com/news/polyone-announces-strong-fourth-quarter-and-full-year-2013-results
Attachment 1
Special items (1):
Avient Announces Quarterly Dividend...
https://www.avient.com/industries/healthcare/remote-monitoring-wearables/smartwatches-and-smart-rings
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/industries/packaging/beverage-packaging/caps-and-closures
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/sites/default/files/2020-12/excelite-1-page-case-study-grab-handle.pdf
Excelite OnePager Grab Handle (2)
TIER 1 MOLDER
A U T O M O T I V E G R A B H A N D L E
• Reduce production cycle times
• Achieve processing consistency in chemical foaming
additive (CFA) performance
• Control dimensional stability and reduce production scrap
rates
• Lower conversion costs
• Improved cycle time by 20%
• Achieved additional 2% density reduction
• Resulted in a finer cell structure with a higher cell
density, significantly improving dispersion and
dimensional stability
• Maintained Class A finish
• Reduced CFA use rate by 80%
Excelite™ IM Chemical Foaming Additives
KEY REQUIREMENTS*
WHY AVIENT?
AVIENT SOLUTION
CONSISTENCY + CYCLE TIME REDUCTION
LEARN MORE
*Note – all compared to previous CFA
Copyright © 2020, Avient Corporation.
https://www.avient.com/industries/packaging/food-packaging/food-packaging-dairy
Office Supplies
Auto-injectors and Drug Delivery Pens
Avient Design
https://www.avient.com/industries/consumer/consumer-discretionary/outdoor-recreation
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
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.
END MARKET FOCUS ON LESS CYCLICAL
INDUSTRIES
11
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPECIALTY EBITDA MARGIN EXPANSION
12
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
13
Adj.
The Q3 2022 "Pro Forma
APM" adjustments reflect periods prior to the acquisition date and are preliminary estimates for APM’s results for the months of July and August.
2
Reconciliation of Avient consolidated pro forma EBITDA
Avient(1)
Pro
forma
APM(1)
Pro
forma
Avient Avient
Pro
forma
APM
Pro
forma
Avient
Net income from continuing operations (27.8) 3.9 (23.9) 33.4 0.3 33.7
Income tax expense (1.2) 0.6 (0.6) 2.0 2.5 4.5
Interest expense 37.3 1.8 39.1 19.0 11.2 30.2
Depreciation and amortization 39.8 10.9 50.7 36.6 18.4 55.0
EBITDA 48.1 17.2 65.3 91.0 32.4 123.4
Special items, before tax 82.0 — 82.0 19.9 — 19.9
Interest expense included in special items (10.0) — (10.0) — — —
Depreciation included in special items (0.8) — (0.8) (0.9) — (0.9)
Adjusted EBITDA $ 119.3 $ 17.2 $ 136.5 $ 110.0 $ 32.4 $ 142.4
(1) - Q3 2022 Avient results reflect one month of APM’s results while owned by Avient, as the acquisition closed on September 1, 2022.
https://www.avient.com/industries/telecommunications/5g-applications
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/industries/packaging/beverage-packaging/rtd-teas-and-juices
Office Supplies
Pet Care & Supplies
Auto-injectors and Drug Delivery Pens
https://www.avient.com/sites/default/files/2024-10/Hydrocerol Chemical Foaming Agents Brochure.pdf
Hydrocerol™ Chemical Foaming Agents are
supplied as concentrates and are added to virgin
or recycled polymer during the plastic conversion
process.
They can also be
part of the chemical foaming process, achieving
a material expansion of up to 50%.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.