https://www.avient.com/investor-center/news/avient-announces-first-quarter-2023-results
The presentations will do a deep dive on the eight ways we approach sustainability, which include lightweighting, reduced energy use, sustainable infrastructure and human health & safety, to name a few."
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Investor Resource Kit
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
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.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Examples include:
• Unique technologies that improve the recyclability of products and enable recycled
content to be incorporated, thus advancing a more circular economy
• Light-weighting solutions that replace heavier traditional materials like metal, glass and
wood, which can improve fuel efficiency in all modes of transportation and reduce carbon
footprint
• Sustainable infrastructure solutions that increase energy efficiency, renewable energy,
natural resource conservation and fiber optic / 5G network accessibility
Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Specialty Engineered Materials 240.6 158.8 457.1 344.1
Distribution 404.4 238.8 767.1 528.3
Corporate and eliminations (34.2) (15.3) (60.4) (35.1)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Gross margin:
Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1
Specialty Engineered Materials 69.6 42.5 134.3 95.1
Distribution 40.1 27.2 79.4 60.8
Corporate and eliminations (14.4) 4.3 (13.5) 0.2
Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2
Selling and administrative expense:
Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3
Specialty Engineered Materials 32.3 25.5 62.8 55.8
Distribution 16.4 12.6 31.7 26.8
Corporate and eliminations 24.8 30.2 52.3 55.5
Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
Other income, net 1.2 9.5 $ 2.7 $ 11.1
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
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.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
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.
Examples include:
• Unique technologies that improve the
recyclability of products and enable recycled
content to be incorporated, thus advancing a
more circular economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G
network accessibility
Avient is a certified ACC Responsible Care® and a
founding member of the Alliance to End Plastic Waste.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
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.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/idea/whats-difference-tpes-vs-silicones
LSR will yield either a dry, slippery surface or a soft, rubbery feel not unlike that of human skin.
https://www.avient.com/products
Human Health & Safety
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022_0.pdf
TPEs: The Basics
PET Water Bottles can be
recycled in a closed loop
The goal of a circular economy is to minimize waste and
make the most of available resources to create a world
that is restorative and regenerative by design.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
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.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.