https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
Microsoft PowerPoint - AVNT M8 Investor Presentation AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) AU G U S T 2 0 2 4 DISCLAIMER Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
For the same reasons, Avient is unable to address the probable significance of the unavailable information. 2 3 AVIENT OVERVIEW 2023 Financial ResultsCompany Overview Revenue By: 9,300 Employees 102 Manufacturing Sites 20,000+ Customers Innovating materials and processing solutions to solve our customers’ challenges while enabling a sustainable world Broad portfolio of technologies with market leading positions and flexibility to anticipate and meet customer needs Focus is on organic revenue growth and margin expansion, following our successful portfolio transformation $3.14B Revenue $2.36 Adjusted EPS $502M Adjusted EBITDA 16.0% Adjusted EBITDA Margins $186M Adjusted Free Cash Flow U.S. & Canada EMEA Asia Latin America 64% 36% Specialty Engineered Materials Color Additives and Inks 41% 36% 18% 5% 7% 7% 23% 19% 9% 16% 10% 5% 4% Defense Healthcare Packaging Consumer Building & Construction Industrial Transportation Energy Telecom Geography Segment Industry 2024 Financial Guidance $515 to $540 million Adjusted EBITDA $2.55 to $2.70 Adjusted EPS 4 Industry Sustainability Standards ESG Ratings Performance 1 2 4 87th 94th percentile Avient CDP Score: A- SUSTAINABILITY PERFORMANCE AND RECOGNITION AU G U S T 6 , 20 24 W EB CAS T P RE SE N TATI O N 6 Q2 2024 HIGHLIGHTS • 5% organic sales growth supported by broad-based growth across all regions in both CAI and SEM segments • Growth stemmed from gaining share, winning new product specifications and restocking in certain end markets • Cost control and operational discipline expanded EBITDA margins by 100 bps • EPS exceeded guidance by $0.05 and increased 21% vs the prior year Adj.
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Microsoft PowerPoint - AVNT Fermium Conference - May 2023 AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) M AY 4 , 2 0 2 3 H O S T E D B Y : DISCLAIMER Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Avient Specialty Formulators Other Specialty / Chemical Companies 2023E(%) 36 79 87 83 81 76 73 90 79 77 76 73 69 60 22 A vi en t K W R P P G F U L A V Y R P M F M C C E H X L A S H E C L H U N E M N S C L MULTIPLE EXPANSION Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of April 28, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 37 EV / 2023E EBITDA Historic Multiple 6.5 8.3 9.9 14.6 13.7 13.0 11.9 8.8 18.7 17.4 11.8 10.0 9.7 9.1 8.0 7.9 A vi en t (2 01 1) A vi en t (2 01 8) A vi en t (2 02 3) K W R P P G R P M A V Y F U L E C L H X L F M C A S H S C L C E E M N H U N Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) 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/2025-03/Cesa Anti-phenolic Yellowing Additive - Case Study.pptx.pdf
TPEE AND TPU FILM MANUFACTURER H O T M E L T A D H E S I V E F I L M • Anti-phenol yellowing after storage • Keep natural color of product • No impact on melt flow ability • Prevented the appearance quality from yellowing after storage • Had no negative impact on the product’s mechanical properties • Extended the shelf life and durability of the product CesaTM Anti-phenolic Yellowing Additive KEY REQUIREMENTS WHY AVIENT AVIENT SOLUTION FUNCTIONALITY + CONVENIENCE LEARN MORE Avient Corporation 1 https://www.avient.com/products/polymer-additives Slide 1: TPEE and TPU Film MANUFACTURER
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
Microsoft PowerPoint - Avient Q4 Earnings and 2021 Outlook PRINT AVIENT CORPORATION F O U R T H Q U A R T E R 2 0 2 0 R E S U L T S A N D 2 0 2 1 F I N A N C I A L G U I D A N C E (NYSE: AVNT) F E B R U A R Y 9 , 2 0 2 1 DISCLAIMER 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 22 Capex / Revenue 2021E (%) AVIENT IS ASSET LIGHT Avient Specialty Formulators Other Chemical/Specialty Companies 2 3 2 2 2 3 3 6 2 3 4 4 5 5 5 6 6 6 7 9 25 A vi en t A vi en t (E xc l.
D is t. ) R P M P P G K W R F U L A V Y G C P IF F F M C H X L H U N E M N F O E E C L K R A S C L A S H C E G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of February 5, 2021 Avient reflects 2021 estimated revenue of $4,100M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
https://www.avient.com/sites/default/files/2024-06/Smartbatch-PE Tarpaulin-Case study snapshot.pdf
PE Tarpaulin manufacturer PE TARPAULIN MANUFACTURER O U T D O O R T A R P S • Resist UV light degradation in European climates for an extended period • Maintain color stability • Enhanced UV resistance against UV degradation • Delivered colors stability with good light fastness • Provided cost effectiveness by combining colorant and UV solutions • Offered in-house Q-Lab UV (QUV) tester to meet strict customer standard / requirement Smartbatch Combination Colorants and Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-10/Omnicolor Case Study Plastic Molder.pdf
PLASTIC INJECTION MOLDER V A R I O U S M A R K E T S & A P P L I C A T I O N S • Ability to use a color concentrate in multiple resins • Low let down ratio (LDR) • Color consistency over time • Offered versatile solution across resins and in various molding methods • Provided range of 1-3% LDRs in four standard colors • Achieved consistent color in a variety of products and markets for over 10 years Omnicolor™ Multipurpose Colorants KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/Concrete Reinforcement Application Snapshot.pdf
CONCRETE REINFORCEMENT I N F R A S T R U C T U R E R E P A I R • Alternative to steel for reduced weight and improved corrosion resistance • Surface modification capabilities to improve concrete adhesion • Superior strength-to-weight ratio • Durable, long-lasting performance to extend service life • Provided peel ply and other surface modification capabilities that comply with specific CA regulations and allowed for better adhesion with concrete • Performed with higher strength-to-weight ratio than typical steel alternatives • Prolonged service life by resisting corrosion and dampening vibration Glasforms™ Carbon Fiber Composites KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-08/edgetek-phase-shift-antenna-case-study.pdf
ANTENNA MANUFACTURER P H A S E S H I F T A N T E N N A • Achieved miniaturization through customized high dielectric constant (Dk) materials • Offered high Dk grades with superior processing window and stability compared to lower Dk ( < Dk6.0) grades • Verified dimensional and electrical stability would also meet needs of navigation system substrate to streamline sourcing Edgetek™ Formulations for 5G KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-09/Omnicolor Safety Equip Application Snapshot.pdf
SAFETY EQUIPMENT MANUFACTURER R E S P I R A T O R A C C E S S O R Y P A R T S • Black color concentrate suitable for use in butyrate (PSU) • Low let down ratio (LDR) • Quick turnaround time • Offered compatibility with desired resin system in required color (Deep Black – OC9UFA) • Provided low usage rate of 1% LDR • Afforded immediate availability of sample for testing and ordering Omnicolor™ Multipurpose Colorants KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-10/mulch-films-case-study-italian.pdf
BIODEGRADABILI E COMPOSTABILI T E L I P E R P A C C I A M A T U R A • In conformità con lo standard europeo EN17033 o OK Compost • Disponibili nelle versioni in nero o bianco e certificati secondo le norme TÜV Austria (OK Compost e altre) • Supporto completo per la certificazione del prodotto finale secondo gli standard EN13432 ed EN17033 • Formulati con pigmenti testati e approvati da organismi di certificazione OnColor™ Bio-Colorants REQUISITI CHIAVE PERCHÉ AVIENT?