https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
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.
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 17
DEFENSE
Source: US Department of Defense, defense.gov, NATO17
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
18
$130
$530
$0.60
$2.40
2023 GUIDANCE
19
Sales Adjusted EBITDA
$845
$3,400
Adjusted EPS
(in millions) (in millions)
CASH FLOW / LEVERAGE
20
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
21
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 22
SUSTAINABILITY
INVESTOR DAY
22
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
23
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
24
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
25
AP P EN D IX
28
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
24%
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
30
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
31
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
52%
35%
REGION
32
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
33
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
35
4 4
5 5 5
6
7
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
Comment
Select from:
☑ No, this is confidential data
Avient does not wish to share the specific location of sites as they
relates to water data
[Fixed row]
(1.24) Has your organization mapped its value chain?
Avient became a member of the RE100 initiative in 2021,
committing to achieve 60% renewable energy by 2030
Current: • 52% of our top suppliers have been assessed through the end of 2021.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
https://www.grandviewresearch.com/industry-analysis/recycled-polyethylene-terephthalate-pet-market
Projected Growth
The global rPET market is expected to grow at a compound annual growth
rate of 6.7% from 2021–2028.
https://www.avient.com/sites/default/files/2022-02/MEVOPUR Bio-based Solutions Application Bulletin_JP.pdf
1.844.4AVIENT
www.avient.com
Copyright © 2021, Avient Corporation.Avientは、この文書に含まれる情報の正確さ、特定の用途への適合性、または情報を使用して得られる、または得られる結果について、いかなる種類の
表明、保証、または保証を行うものではありません。
https://www.avient.com/sites/default/files/2021-09/mevopur-colors-and-additives-for-ivd-devices-application-bulletin-cn.pdf
功能 目标应用 血液采集 试剂容器/
试剂盒
移液器/
器具 设备/配件
即用型配方避免对分析测试的干扰;
可萃取金属数据
聚合物对激光能量的激活可提供高
对比度、无溶剂的
高速鉴别
定制母粒和即用型配方可提供
透明和不透明颜色,同时允许激光
传输/吸收
PE和PP的新一代快速成核剂;提
高尺寸稳定性,热性能和机械性能
降低湿蒸汽透过率(MVTR)
HDPE即用型配方
吸湿母粒
减少 BCT(血液收集管)中因氧传
输造成的真空损失,并保护试剂免
受氧化降解
在290-450nm波长范围内阻挡紫
外线,对透明度没有影响;保护光
敏试剂
自检/即时检验
(POCT)
用于实验室自动化/
鉴别编码的着色剂
颜色—低迁移/减
低干扰
颜色—生物相容
性评估
透明PP
PP、ABS、
PC/ABS的抗静电
性能
激光焊接可
快速、可靠地组装
一系列聚合物
半结晶聚合物
的成核剂,例如
HDPE、PP、POM
防止氧气进入的
PET吸氧剂
透明容器(PP、
PE、PETG、COP)
中的紫外光防护
防潮以改善屏障
激光打标的UDI替
代油墨印刷/贴标
PP、ABS、PC和
高温聚合物的颜
色,符合UL认证
为各种聚合物提供多种颜色,能够
为您的工艺提供适用的即用型配方
或母粒
降低不符合现行和拟定法规(如
IVDR)的风险
即用型解决方案/母粒支持针对电器
外壳的UL要求
永久性/非迁移性即用型配方;不受
相对湿度(%)影响的快速静电衰
减时间
不含山梨醇,最大限度地减少潜在
迁移
1.844.4AVIENT
www.avient.com
版权所有© 2021埃万特公司。
https://www.avient.com/sites/default/files/2021-09/neu-sales-terms-and-conditions.9-16-212.pdf
Terms and Conditions (16 September 2021)
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
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/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
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/2022-11/Smarter Materials High Performance Thermoplastics.pdf
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_AR2.pdf
مدونة قواعد السلوك
المسؤولية الاجتماعية المسؤولية الاجتماعية
مدونة قواعد السلوك الخاصة | 29
https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
جهات الاتصال الداخلية — موارد الأخلاقيات والامتثال
تالية مباشرةًً: للاطلاع على المزيد من المعلومات حول المدونة أو توقعاتنا، اتصل بالموارد ال
• Avient المشرف عليك أو أي مدير في
• ممثل الموارد البشرية أو إدارة الموارد البشرية
• مسؤول أخلاقيات الشركة
• أي عضو من أعضاء إدارة الشؤون القانونية
• الوظيفة التي تتمتع بقدر مناسب من الخبرة )على سبيل المثال، الشؤون المالية للشركة، ومراجع الحسابات الداخلية،
وقسم التوريد(
اتصل أو استخدم الخط الساخن للأخلاقيات في حالة:
• إذا احتجت إلى مشورة أو كان لديك سؤال تطرحوه
• إذا كانت لديك رغبة في طرح مشكلة ما أو شاغل يثير قلقك
• ا إذا طرحت مشكلة أو أمر ما يشغل بالك ولم تكن راضيً
• إذا لم تكن متأكدًا أين يمكنك التوجه للحصول على المعلومات
• إذا لم تكن شاعراً بالارتياح من خلال استخدام أحد المصادر الأحرى المُدرجة في المدونة
الخط الساخن للأخلاقيات متاح عالميًاً بأكثر من 20 لغة على مدار 24 ساعة في اليوم طوال أيام الأسبوع.