https://www.avient.com/news/new-polyone-ultratuf-sg-chrome-sheet-signage-combines-reflectivity-toughness
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New PolyOne UltraTuf™ SG Chrome Sheet for Signage Combines Reflectivity with Toughness
UltraTuf SG Chrome sheet is available with clear or white substrate and can be backlit for an even more stunning effect on indoor and outdoor sign faces and displays.
Caption: Achieve the look of real chrome with new UltraTuf SG Chrome thermoplastic sheet from PolyOne.
https://www.avient.com/news/polyone-showcases-performance-plastics-signs-isa-sign-expo
Materials range from outdoor to indoor sign solutions, and from sheet to reels.
SunGard™ Weatherable Polycarbonate Sheet – combines the impact strength of polycarbonate with outstanding UV stability
Tuf-Glas™ Impact-Modified Acrylic Sheet – a premier clear, rigid sheet that combines impact strength, clarity and stiffness with outstanding formability
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202018.pdf
Leverage
PolyOne’s
global reach
Phase 1
Phase 2
Phase 3
18-20%
operating
margins
Invest in
commercial
resources
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 98
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
243
335
At Acquisition Today
$36
$90
At Acquisition Today
11%
20%
At Acquisition Today
Established Acquisitions
(> 7 years)
+ 40% + 150% + 900 bps
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 99
Commercial
Resources
Operating
Income (millions)
53
109
At Acquisition Today
187
214
At Acquisition Today
3
12
At Acquisition Today
$12
$45
At Acquisition Today
$22
$42
At Acquisition Today
$2
$4
At Acquisition Today
Acquisition #1
(10 years)
Acquisition #3
(7 years)
Acquisition #2
(9 years)
EBITDA
Multiple
10.5x
3.0x
At Acquisition Today
11.1x
7.6x
At Acquisition Today
4.9x
2.8x
At Acquisition Today
10%
23%
At Acquisition Today
11%
17%
At Acquisition Today
21%
30%
At Acquisition Today
Return on Sales
I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E
PolyOne Corporation 100
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
17
44
65
At Acquisition Today Goal
$0 $0
$25
At Acquisition Today Goal
0% 0%
20%
At Acquisition Today Goal
Advanced Composites
I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E
PolyOne Corporation 101
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
96
100
141
At Acquisition Today Goal
$16
$18
$36
At Acquisition Today Goal
11% 12%
18-20%
At Acquisition Today Goal
Recent Color Acquisitions
PolyOne Corporation 102
Average
Company Size
# of
Possibilities
Rationale
250
• Local to regional footprint
• Niche technology focus
• Concentrated customer base
$50M–$200M 150
• Regional to global footprint
• 1–3 specialty technologies
• Diversified customer base
>$200M 30
• Global footprint with local service
• Diverse specialty technologies
• Highly diversified customer & market
portfolio
S T R O N G P I P E L I N E
D R I V E N B Y F R A G M E N T E D M A R K E T
S U M M A R Y
PolyOne Corporation 103
Proven track record with specialty acquisitions using
invest-to-grow strategy
Our approach to integration differentiates PolyOne in
a competitive M&A market
Trusted brand and reputation
Buyer of choice
Robust pipeline with a range of opportunities that fit
our strategy
F I N A N C I A L
R E V I E W
B R A D R I C H A R D S O N
PolyOne Corporation 104
PolyOne Corporation 105
A D J U S T E D E P S E X P A N S I O N
2009 2010 2011 2012 2013 2014 2015 2016* 2017*
C O N S E C U T I V E
Y E A R S
8
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
*Pro Forma for sale of DSS
PolyOne Corporation 106
S T R A T E G I C C A S H D E P L O Y M E N T
ORGANIC GROWTH
Investing in R&D and
capacity
11
Maintenance
40%
Strategic Growth
Investments
60%
Capital Expenditures
M&A OPPORTUNITIES
Continued pursuit of strategic bolt
on acquisitions that expand
specialty offerings
2
SHAREHOLDER RETURN
Dividends and share buybacks3
Over $400
million
M&A Spending
Since 2014
$809
million
Share Repurchases
2011-Q1 2018
60%
Increase in annual
dividend over next three
years
2011 2013 2015 2017
2006 2017
“Where we were” “Where we are”
ROIC 5.0% 14.0%
Operating Income % of Sales
Color, Additives & Inks 1.7% 15.5%
Specialty Engineered Materials 1.1% 12.1%
Performance Products &
Solutions 4.3% 10.7%
Distribution 2.6% 6.3%
P R O O F O F P E R F O R M A N C E
E X P A N D I N G M A R G I N S & R O I C
PolyOne Corporation 107
531
680130
153
504
618
2014 Q1 2018
R&D / Technical Marketing Sales
I N V E S T M E N T I N C O M M E R C I A L R E S O U R C E S D R I V I N G R E S U L T S
PolyOne Corporation 108
Increased commercial headcount
Largest organic revenue growth
since recession
$2.9 $2.9
$3.2
2015 2016 2017
Revenue in billions of $
+ 28%
+ 18%
+ 23%
Total + 10%
Organic + 7%
S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H
PolyOne Corporation 109
P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E
Double digit
annual EPS
growth
Expand specialty portfolio
with strategic acquisitions
Innovate and develop new
technologies and services
Repurchase 600K-1M
shares annually
Increase commercial
resources 6-8% annually
Double acquired
company margins
Enhance efficiencies
through Lean Six Sigma
and commercial excellence
6.3%
14.0%
15.0%
16-17%
2009 2017 Platinum Vision Updated Expectations
R O I C D R I V E S S H A R E H O L D E R R E T U R N
PolyOne Corporation 110
R O I C D R I V E S S H A R E H O L D E R R E T U R N
6.3%
14.0%
15.0%
16-17%
2009 2017 Platinum Vision Updated Expectations
PolyOne Corporation 111
$570
$1,650 $1,750
$2,000
2009 2017 Platinum Vision Updated Expectations
ROIC
Invested Capital
($ in millions)
Improving ROIC + Expanding Invested Capital = Outperforming the Market
C O N C L U S I O N
B O B P A T T E R S O N
PolyOne Corporation 112
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Italian.pdf
R: una cesta di frutta o cioccolata data a una
persona giuridica (non fisica) potrebbe andare
bene, ma non date mai omaggi in denaro (incluse
carte regalo).
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People Data and Metrics
Planet Data and Metrics
People Data and Metrics
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Using personal devices to access Confidential Data or connect to Information Systems.
Users shall store any personal files, notes, pictures, and emails in a separate and clearly
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https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/ultra-high-molecular-weight-polyethylene
Compare fiber properties and technical data
Compare fiber properties and technical data
UHMWPE Data
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-panels/hammerhead-fr-flame-retardant-composite-panels
The integrated flame retardant technology eliminates the need for additional sheets or coatings to achieve FR performance.
Application and installation guide for comparison data, application guidance, and tips for installation
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/advanced-composite-springs
Technical Data Sheets
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/novoloid-phenolic-fiber
Compare fiber properties and technical data
Compare fiber properties and technical data
Novoloid Fiber Data