https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
News Release - AVNT-2021.12.31-News Release 1 NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Record Fourth Quarter and Full Year 2021 Results Financial Performance • Fourth quarter and full year sales increased 21% to $1.2 billion and 27% to $4.8 billion, respectively • Fourth quarter and full year GAAP EPS of $0.32 and $2.51 compared to $0.81 and $1.46 in the prior year • Fourth quarter and full year adjusted EPS increased 12% to $0.58 and 58% to $3.05, respectively • Initiates 2022 guidance of $5.1 billion in sales and $3.50 in adjusted EPS Milestone Achievements • Increased dividend on an annualized basis by 12% to $0.95; the 11th year in a row of an annual increase • Increased EBITDA contribution from Clariant acquisition from $133 to $205 million and reduced net debt to adjusted EBITDA to 2.2x, one year ahead of schedule • Joined the United Nations Global Compact, recognized as one of America’s Most Responsible Companies by Newsweek, and earned the company's third consecutive Great Place to Work® certification.
The company reported sales growth of 27% for the full year compared to 2020, with all segments delivering record sales and operating income.
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