https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.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, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs.
GUIDANCE
12
15.4%
15.9%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Favorable mix - strong
demand for composite
applications
• Raw material deflation
Q2 EBITDA BRIDGE
13
($ millions)
CAI:
Price / Mix 7)
Deflation 11)
SEM:
Price / Mix 2)
Deflation 6)
Net Price Benefit 26)
Wage and Energy Inflation (10)
Cost Reductions 13)
FX (2)
Q2 2023 Actual $131)
Adjusted
EBITDA
Q2 2022 Pro Forma $ 172)
Demand (68) • Demand conditions vs.
expectations:
LATAM
• Net price benefit remains greater
than wage and energy inflation
• Clariant synergies and reduced
administrative costs
Q2 2023 SEQUENTIAL SALES BY REGION
Q 2 2 0 2 3 v s .
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.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, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs.
GUIDANCE
$800
$754
$128
$123
Sales Adjusted EBITDA
$0.56 $0.57
Adjusted EPS
9
• Demand impacted by destocking
and cautious customer sentiment
• Positive net price benefit:
o CAI - Pricing flat and raw
material deflation
o SEM - Pricing flat with
unfavorable mix related to
healthcare, more than offset
with raw material deflation
• Cost reductions driven by Clariant
synergies and reduced
administrative costs
Q3 EBITDA BRIDGE
($ millions)
CAI:
Price / Mix -)
Deflation 22)
SEM:
Price / Mix (6)
Deflation 13)
Net Price Benefit 29)
Cost Reductions 13)
Wage Inflation (8)
FX 1)
Q3 2023 Actual $ 123)
Adjusted
EBITDA
Q3 2022 Pro Forma $ 137)
Demand (49)
10
2023 G U I DAN CE
Q4 2023 GUIDANCE VS.
https://www.avient.com/sites/default/files/2024-06/Smartbatch-PE Tarpaulin-Case study snapshot.pdf
PE Tarpaulin manufacturer
PE TARPAULIN
MANUFACTURER
O U T D O O R T A R P S
• Resist UV light degradation in European climates for an
extended period
• Maintain color stability
• Enhanced UV resistance against UV
degradation
• Delivered colors stability with good light
fastness
• Provided cost effectiveness by combining
colorant and UV solutions
• Offered in-house Q-Lab UV (QUV) tester to
meet strict customer standard / requirement
Smartbatch Combination Colorants and
Additives
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
DURABILITY + COST EFFECTIVNESS
LEARN MORECopyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2021-01/case-study-one-pager-lubrione-vacuum-cleaner-gear.pdf
VACUUM CLEANER
MANUFACTURER
G E A R O F V A C U U M C L E A N E R
• Excellent wear resistance
• Durability
• Cost effective
• Our product provides excellent wear
resistance to improve durability and
product life cycle
Offered one-stop solution for technology
services to meet customer demands of
cost and performance
LubriOne™ LB6600-8019 AR NC001
Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-12/Maxxam FR - Extractor Fan - Case Study Snapshot.pdf
EQUIPMENT
MANUFACTURER
K I T C H E N E X T R A C T O R H O O D S
• Halogen free to industry standards
• Lower density
• Good impact properties
• Easy to process
• Good cost/performance
• Provided a non-halogenated solution while
increasing the performance of the formerly used
halogenated grade
• Supported the project with various expertise in
design (Avient Design), regulatory and technical
support
• Helped to reduce the system cost and make our
customer more competitive in the market
Maxxam™ FR Flame Retardant Polyolefin
Formulations – NHFR Series
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-05/Smartbatch-Outdoor Chair-Case Study Snapshot_0520.pdf
& European climates
for an extended period
• Maintain color stability and resist brittleness for a minimum
of 3 years
• Reliable supplier with good product quality and stable
supply
• Offered a UV stabilizer for PP multi-filament
yarn
• Delivered good light fastness
• Provided cost effectiveness by combining
colorant and UV additive solutions
• Had in-house Q-Lab UV (QUV) tester to meet
strict customer standards
Smartbatch Combination Colorants &
Additives
KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION
DURABILITY + COST EFFECTIVENESS
LEARN MORECopyright © 2024.
https://www.avient.com/sites/default/files/2021-11/preperm-4-5g-antenna-component-application-snapshot.pdf
LEADING ANTENNA
MANUFACTURER
A N T E N N A C O M P O N E N T S
• Extremely tight performance tolerance
• Dielectric performance of 3 – 7Dk
• Ability to utilize existing injection molding machinery
• High mold flow index (MFI)
• On demand material delivery
• Provided technical support throughout the development
of multiple, highly technical materials
• Formulated high quality materials that aligned with
stringent specification, at a cost effective price
• Provided order flexibility, allowing customer to order on
demand
• Collaborated across the supply chain, enabling customer
to take a premium solution to market that can reduce
maintenance and construction costs for end users
Custom PREPERM™ Low-Loss Dielectric
Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-12/case-study-versaflex-ce-waterproof-speaker-2.pdf
TOP SPEAKER
MANUFACTURER
W A T E R P R O O F S P E A K E R
G A S K E T
• Provide good sealing properties
• Protect from water and dust
• Reduce production time and costs
• Increase design freedom
• Provided a low compression set TPE with
IP67 ingress protection
• Easily prevented ingress of dust and water
• Decreased cycle times and reduced overall
manufacturing costs
• Increased design freedom with overmolding
Versaflex™ CE 3120-40 Thermoplastic
Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-11/Cesa_ Slip Additives-baby diaper -Case Study Snapshot-CNSHA3OLH90098.pdf
Baby diaper manufactureR
BABY DIAPER
MANUFACTURER
P P N O N W O V E N M U L T I L A Y E R S
• Provide slip additives with high concentrated content
• Offer products meeting customer FDA requirements
• Shorten supply lead time and reduce cost compared with
importing from EU
• Offered additives with high concentrated
content, which is unachievable for
competitors
• Provided regulatory support, significant cost
and time savings
• Compressed the timeline through on-site
color visualization, exploration, and
formulation of new colors by the expert
designer
Cesa Slip Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.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.
18
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
2 3 2 2 2 3 3 4 3 3 3 4 4 5 5 5 6
7 7 8
24
t
(E
xc
l.