https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
https://www.avient.com/news/polyone-announces-record-first-quarter-2014-results
In this press release, 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.
https://www.avient.com/sites/default/files/2023-07/Terms and Conditions of Sale for China - August 2023.pdf
No
statement of agreement, oral or written, made before or
at the formation of the contract shall vary or modify the
written terms hereof, and neither party shall claim any
amendment, modification or release from any provision
hereof unless such change occurs in a writing signed by
the other party and specifically identifying it as an
amendment to the contract.
No modification or addition
to the contract shall occur by the acknowledgment or
acceptance by Seller of a purchase order,
acknowledgment, release or other form submitted by
Buyer containing additional or different terms or
conditions.
17.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Colombia %28English and Spanish Translation%29.pdf
No statement of
agreement, oral or written, made before or at the formation of the
contract shall vary or modify the written terms hereof, and neither
party shall claim any amendment, modification or release from
any provision hereof unless such change occurs in a writing
signed by the other party and specifically identifying it as an
amendment to the contract.
No modification or addition to the
contract shall occur by the acknowledgment or acceptance by
Seller of a purchase order, acknowledgment, release or other form
submitted by Buyer containing additional or different terms or
conditions.
20.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Taiwan %28English and Chinese Translation%29.pdf
No statement of agreement, oral or written,
made before or at the formation of the contract shall
vary or modify the written terms hereof, and neither
party shall claim any amendment, modification or
release from any provision hereof unless such change
occurs in a writing signed by the other party and
specifically identifying it as an amendment to the
contract.
No modification or addition to the contract
shall occur by the acknowledgment or acceptance by
Seller of a purchase order, acknowledgment, release or
other form submitted by Buyer containing additional or
different terms or conditions.
19.
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
For
instance, it improves production speed by helping
to release the part from the mold faster .
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
2 0 2 1 P E R F O R M A N C E
$80
$85
2020 2021
$0.52
$0.58
2020 2021
Q4 2021 PERFORMANCE
( T O TA L C O M PA N Y )
4
Sales Adjusted Operating Income
$997
$1,202
2020 2021
+ 21%
Adjusted EPS
+ 6% + 12%
(in millions) (in millions)
$308
$429
2020PF 2021
$1.93
$3.05
2020PF 2021
FULL YEAR 2021 PERFORMANCE
( T O TA L C O M PA N Y )
5
Sales Adjusted Operating Income
$3,783
$4,819
2020PF 2021
+ 27%
Adjusted EPS
+ 39% + 58%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color business
(1) (1) (1)
FULL YEAR 2021 SEGMENT PERFORMANCE
6
CAI
$2,043
$2,402
Sales
($ in millions)
SEM Distribution
$226
$303
Operating Income
+ 18% + 34%
$1,110
$1,631
Sales
$70
$93
Operating Income
+ 47% + 33%
(1)
$709
$919
Sales
$94
$132
Operating Income
+ 30% + 40%
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
Full Year 2020 (Pro forma) $3,783 $308
Sustainable Solutions 147 19% 60
Healthcare 143 28% 30
Composites 58 43% 29
Growth in Asia / LATAM 107 21% 26
Other 543 30% 58
Sub-total $4,781 26% $511
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (22) (12)
Synergies 44
FX, Incentives, Other Employee Costs 60 (60)
Full Year 2021 $4,819 27% $429
FULL YEAR 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
7
Sales Growth Rate
Adjusted
Operating
Income$ millions
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
Adjusted
EBITDA
8
Full Year 2020 (Pro forma) $ 457
Demand 135
$ millions
CAI:
Price / Mix 158
Inflation (120)
SEM:
Price / Mix 84
Inflation (65)
Distribution:
Price / Mix 318
Inflation (304)
Net Price Benefit 71
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (12)
Synergies 44
Incentives, FX, Other Employee Costs (60)
Full Year 2021 $ 581
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
• Demand impact driven by growth
in key focus areas: sustainable
solutions, healthcare, composites
and growth in Asia / LATAM
• Price increases more than offset
raw material and supply chain
impacts
FULL YEAR 2021 EBITDA BRIDGE
SPECIALTY EBITDA MARGIN EXPANSION
9
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business
15.3% 15.2%
16.2%
17.0%
2018 2019 2020 2021
14.8%
15.2%
17.6% 17.8%
2018 2019 2020 2021
(1)
SEM
• Record margins in 2021 despite
unprecedented supply chain challenges
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drove
growth and mix improvements
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Unless otherwise stated, Operating Income, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases.