https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Microsoft PowerPoint - AVNT Nov Investor Meetings Update
AVIENT CORPORATION
I N V E S T O R M E E T I N G S
(NYSE: AVNT)
N O V E M B E R 2 0 2 1
D I S C L A I M E R
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.
W H AT W E D O : M AT E R I A L S C I E N C E
4
CUSTOM
FORMULATION
We sell solutions not commodities.
With the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
33
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
11.4
20.2
16.7 16.5
14.7
12.0
10.8
40.7
29.9
26.2
13.2 12.4
11.0 10.9
9.1 9.0
7.5
6.5
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S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Microsoft PowerPoint - Avient Q1 2021 Earnings - Final (For Print)
AVIENT CORPORATION
F I R S T Q U A R T E R 2 0 2 1 R E S U L T S
(NYSE: AVNT)
A P R I L 3 0 , 2 0 2 1
D I S C L A I M E R
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.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
Median: 84% Median: 77%
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M)
Source: Peer data per Bloomberg market data as of April 27, 2021
87 89 87 86
82 81
76
88 87
84
82 81
78 77 77 77 76 73
70
69
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Source: Peer data per Bloomberg market data as of April 27, 2021
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below specialty formulator
peers and the majority of our
chemical peers.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
20
Avient reflects 2021 estimated EBITDA of $560M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
10.2
17.7
16.0
14.9 14.6
11.6 11.1
26.7
24.0
22.8
14.3
12.7
11.5 11.2 11.1 11.0 10.3 10.1
9.5 9.4
8.3
7.0
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Median: 11.1xMedian: 14.8x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/resources/safety-data-sheets?page=643
ORANGE
ORANGE
ORANGE
https://www.avient.com/resources/safety-data-sheets?page=4001
ORANGE O-56
ORANGE PVC
O-151 ORANGE
https://www.avient.com/resources/safety-data-sheets?page=5693
ORANGE 172C PA6
ORANGE 172C PA6
ORANGE 172C PA6
https://www.avient.com/resources/safety-data-sheets?page=2794
DB2106 FLO ORANGE
HUSKEY ORANGE
HUSKEY ORANGE
https://www.avient.com/resources/safety-data-sheets?page=590
ORANGE
GLO ORANGE 021C
ORANGE BRONZE V-2
https://www.avient.com/sites/default/files/2023-05/Pressure Sensitive Mat Application Snapshot.pdf
S A F E T Y M AT
M A N U FAC T U R E R
P R E S S U R E - S E N S I T I V E
S W I T C H M A T S
• Broad range of hardness and durability
• Availability of custom colors
• Long-lasting material for use in high-traffic areas including
amusement park rides and workstations
• Moisture and abrasion resistance
• Provided durable plastisol solutions with
needed hardness for specific applications
• Offered customized colors to meet brand
and product specifications
• Supplied a solution giving added protection
against moisture intrusion
• Incorporated antimicrobial additives to resist
mold growth
CORE™ Vinyl Plastisols
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_CZ2.pdf
S důvěrnými informacemi
třetích stran musíme zacházet se stejnou péčí jako
s našimi vlastními informacemi.
Při práci s citlivými dokumenty buďte opatrní.
S dodavateli jednáme spravedlivě a profesionálně.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Microsoft PowerPoint - AVNT Q3 2021 Earnings Presentation - WEBSITE
AVIENT CORPORATION
T H I R D Q U A R T E R 2 0 2 1 R E S U L T S
(NYSE: AVNT)
O C T O B E R 2 8 , 2 0 2 1
D I S C L A I M E R
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.
This
innovation drives performance and is
reflective of consistent, strategic
investments in technology and people
Clariant Color business
acquired July 1, 2020
1
1
2
3
5
7
7
7
9
10
30
40
14
25
13
22
35
9
19
13
18
41
Current Additional share needed to reach 2025 target
B R A N D O W N E R S C O M M I T T E D TO I N C R E A S I N G
U S E O F R E C YC L E D M AT E R I A L S
8
Brand Owner 1
Brand Owner 3
Brand Owner 2
Brand Owner 7
Brand Owner 4
Brand Owner 10
Brand Owner 6
Brand Owner 11
Brand Owner 5
Brand Owner 8
Brand Owner 9
Brand Owner 12
Brand Owner 13
Percent recycled plastic used:
(examples and not exhaustive)
(1)
(1) Latest year reported.
With the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
24
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
11.0
18.3
16.3
15.4
14.5
11.6 11.1
36.2
28.0
24.9
13.0
11.5 11.3
10.0
9.2 8.8
7.7
6.7
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S U M M A RY: W H Y I N V E S T I N AV I E N T ?