https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Basic%2520Materials%2520Conference.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: Our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; The timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; Separation and severance amounts that differ from original estimates; Amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; Our ability to identify and evaluate acquisition targets and consummate acquisitions; The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our earnings; Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The strength and timing of economic recoveries; Our ability to achieve new business gains; The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; Fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; Information systems failures and cyber attacks; An inability to maintain appropriate relations with unions and employees; Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; The amount and timing of repurchases of our common shares, if any; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. The above list of factors is not exhaustive. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows: 2009* 2010 2011 2012 2013 2014 2015 2016 Net income attributable to PolyOne common shareholders $ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 $ 144.6 $ 165.2 Joint venture equity earnings, after tax (19.0) (14.7) (3.7) — — — — — Special items, before tax(1) (48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 35.5 Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (20.7) Adjusted net income attributable to PolyOne common shareholders $ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 180.0 Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 Adjusted EPS attributable to PolyOne common shareholders $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 $ 1.96 $ 2.13 Adjusted operating income is calculated as follows: 2006* 2016 Operating income $ 233.6 $ 281.9 Special items (1) (39.1) 35.3 Joint venture equity earnings (107.0) 0.0 Adjusted operating income $ 87.5 $ 317.2 * Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principle, discontinued operations or the related resegmentation. (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; the effect of changes in accounting principles or other such laws or provisions affecting reported results and tax adjustments.
IR Presentation - Q1 2017 Current PolyOne Investor �Presentation�May 2017 Forward-Looking Statements Use of Non-GAAP Measures What We Do At a Glance Slide Number 6 Proof of Performance & 2020 Platinum Vision Returning Cash to Shareholders Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return Ours is Not a Cost Cutting Story Primary Industries Served Innovation Drives Earnings Growth Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
We have remained consistent in our view all year that to the extent demand conditions weakened further, we would be able to offset that with strength in composites, improving margins and cost reductions.”
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, environmental remediation costs, mark-to-market adjustments associated with benefit plans, acquisition related costs, and other non-routine costs.
These costs are included in Corporate.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
Natural gas and raw materials costs represent a substantial part of our manufacturing costs.
Cost of sales As a percent of sales, cost of sales increased from 77.0% in 2016 to 77.7% in 2017 primarily as a result of raw material cost inflation.
POLYONE CORPORATION42 Shipping and Handling Costs Shipping and handling costs are included in cost of sales.
https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers
TPE in Medical Device Saves Costs
Learn how a manufacturer successfully reduces costs for a new valve insert by $175,000.
https://www.avient.com/sites/default/files/2020-08/edgetek-3d-lds-product-bulletin.pdf
Edgetek™ 3D/LDS Solutions are the advanced technologies to help customers to build 3D circuits on molded part surfaces with fewer processing steps, shorter lead times and lower production costs.
The material solutions offer high design flexibility, multi-function integration, size miniaturization and weight reduction to meet demanding manufacturing requirements without compromising production efficiency and cost.
KEY CHARACTERISTICS • Increased design flexibility • Integration of various functionalities • Miniaturization and weight reduction • Reduced initial part cost and production cost • Simplified processes • Shorter assembly times • Commercially available in Asia MARKET AND APPLICATIONS Edgetek 3D/LDS Solutions can be widely used in markets and applications with high requirements including: • Consumer electronics • Healthcare • Automotive • Communication www.avient.com Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.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.
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non- routine costs.
Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 26 Capex / Revenue 2022E (%) AVIENT IS ASSET LIGHT Avient Specialty Formulators Other Chemical/Specialty Companies 2 3 2 2 3 3 4 3 3 5 5 5 7 7 7 A vi e nt A vi e nt ( E xc l.
https://www.avient.com/sites/default/files/2021-02/laser-marking-and-percept-case-study.pdf
These ‘pirates’ copied the manufacturer’s products and sold the copies to unsuspecting customers, which not only ate into revenue but also raised the cost of sales and the potential for unjustified product responsibility issues.
As a result, these legal costs became a significant and completely unforeseen drain on finances.
Revenue increased, and the cost to fight lawsuits sank.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Cost of sales As a percent of sales, cost of sales increased from 75.8% in 2020 to 77.2% in 2021, primarily as a result of rising raw material costs.
Shipping and Handling Costs Shipping and handling costs are included in cost of sales.
Additionally, in 2021 there were other costs recorded in Cost of sales of $1.0 million.
https://www.avient.com/sites/default/files/2020-08/bottle-optimization-brochure-8.5x11.pdf
Economics The difference between success and cost overrun is less than $0.01 per bottle.
We help you reduce bottle weight and manufacturing costs without compromising a package’s properties.
Five ways we help you achieve bottle optimization: *Contact Avient for the appropriate food contact declaration of compliance IMPROVE ECONOMICS Discover ways to achieve lasting cost advantages, which will help you reduce cycle times and overall cost of production during the molding process. • Lightweighting • Cost-to-color efficiencies • Optimized layer structure 1 • Material selection • Buoyancy offset • Improved changeover times ENHANCE FUNCTIONALITY Bring us your concerns about sensitive contents, Environmental Stress Crack Resistance (ESCR), UV degradation, easy twist-off, and other functional issues.
https://www.avient.com/sites/default/files/2020-09/crtm-panel-product-bulletin-2020.pdf
Tailored to customer design and performance specifications, panels are engineered with custom formulated resins, structural core materials, and fibers to achieve specific stiffness, strength, weight, performance and cost targets.
An engineered panel can reduce system costs through elimination of welding, drilling, bolting and riveting typically associated with metallic panel fabrication.
Unlimited lengths and a continuous manufacturing process also provide significant cost savings over traditional composite panel manufacturing techniques.