https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
To ensure the QMS is aligned with our strategy, and taking into account the internal and external issues, we
analyze pertinent information in order to determine potential impact on our context and subsequent
customer/organizational success.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
In particular, these include statements relating to future actions; prospective changes in raw material
costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as
legal proceedings and environmental liabilities; and financial results.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-english.pdf
✓ Consult with the Avient Legal Department before transacting business with a competitor
DON’T
× Discuss prices (past, present, future), pricing strategies, bids or quotes, terms or conditions of sales, customers, or the
like with competitors
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
This will be an important component to
delivering long-term sustainable growth, and I look forward to communicating our detailed
strategy later this year."
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.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
Goff provides a unique perspective on o rur
strategy and operations.
He is also Non-
Executive Chairman of Valvoline Inc., a majority-owned
subsidiary of Ashland Global Holdings and a leadingworldwide
producer and distributer of premium-branded automotive,
commercial and industrial lubricants and automotive
chemicals, since September 2016.
This strategy is consistent with our competitive market pay philosophy discussed
in the “Executive Compensation Philosophy and Objectives” section of this proxy statement.
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
This excludes the impact of EPS accretion from
the Dyneema acquisition.”
2
The company is providing its first quarter results in anticipation of discussions with investors,
following the signing of an agreement with Royal DSM (“DSM”) to purchase the DSM Protective
Materials business (including the Dyneema® brand) (“Dyneema”).
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Magna
represents another addition to our growing portfolio of sustainable solutions, as brand owners
seek eco-conscious materials for their customers,” Mr.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
$0.30
$0.52
Q4 2020 ORGANIC PERFORMANCE
3
Sales
$922
$997
+8%
Operating
Income
EPS
$58
$80
+38%
+73%
• Record 4th quarter sales, adjusted
operating income and adjusted EPS
performance
• All segments delivered year-over-year
sales and operating income growth, led
by consumer and healthcare end markets
• Clariant Masterbatch integration synergy
capture ahead of schedule: $5 million
realized in 2020
($ in millions except EPS)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
4
Sales Operating Income
$100 $100 $100
$922
$100 $100 $100
$997
Distribution CAI SEM Total
2019 2020
$178
$272
$490
$191
$305
$526
SEM Distribution CAI
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
+38%
+45%
+58%
+6%
(3) (3)
(1) (2)
(1) Total company sales include intercompany sales eliminations
(2) Total company reflects adjusted operating income and includes corporate costs
(3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
2020 HIGHLIGHTS
5
• Completed transformational Clariant Masterbatch acquisition and created new
brand name Avient
• Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier
during the pandemic and due to growth in demand for consumer applications
• Specialty Engineered Materials delivered record operating income on gains from
composites
• Achieved record free cash flow, increased dividend for 10th year in a row and
delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA
• Culture is everything: Certified as a Great Place to Work®
$133
$150
10%
23%8%
21%
4%
15%
2006 2020PF
Healthcare
Consumer
Packaging
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
• Acquisition of Clariant Masterbatch
significantly expands presence in
healthcare, packaging and consumer end
markets
• Strength of portfolio – 13% EBITDA growth
as an essential supplier in COVID response
and recovery
• Acquisition completed on July 1, 2020 for
$1.4 billion.