https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Operating Income 108.1 38.0 228.5 90.8
Net income from continuing operations attributable to Avient shareholders 68.8 23.0 148.1 56.1
Basic earnings per share from continuing operations attributable to Avient
shareholders $ 0.75 $ 0.25 $ 1.62 $ 0.63
Diluted earnings per share from continuing operations attributable to Avient
shareholders $ 0.74 $ 0.25 $ 1.60 $ 0.63
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023 2022 2023 2022
Sales $ 753.7 $ 823.3 $ 2,423.8 $ 2,606.5
Operating Income 34.3 40.6 153.7 242.9
Net income (loss) from continuing operations attributable to Avient
shareholders 5.1 (27.4) 48.0 99.8
Basic earnings per share from continuing operations attributable to
Avient shareholders $ 0.06 $ (0.30) $ 0.53 $ 1.09
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.06 $ (0.30) $ 0.52 $ 1.08
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and
diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
Rose
Vice President, Corporate Communications
+1 440-930-3162
kyle.rose@avient.com
5
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
Year Ended
Sales $ 997.0 $ 658.6 $ 3,242.1 $ 2,862.7
Operating Income 65.0 20.5 189.3 156.8
Net income from continuing operations attributable to Avient
shareholders 74.2 6.4 132.0 75.5
Basic earnings per share from continuing operations attributable to Avient
shareholders $ 0.81 $ 0.08 $ 1.47 $ 0.98
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.81 $ 0.08 $ 1.46 $ 0.97
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Sales $ 824.4 $ 891.0 $ 1,670.1 $ 1,783.2
Operating Income 62.3 100.1 119.4 202.3
Net income from continuing operations attributable to Avient
shareholders 22.1 62.8 42.9 127.2
Basic earnings per share from continuing operations attributable to
Avient shareholders $ 0.24 $ 0.69 $ 0.47 $ 1.39
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.24 $ 0.68 $ 0.47 $ 1.38
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and
diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-news-release.pdf
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Sales $ 1,219.8 $ 924.5 $ 3,617.3 $ 2,245.1
Operating Income 78.7 33.5 307.2 124.3
Net income from continuing operations attributable to Avient shareholders 52.9 1.7 201.0 57.8
Basic earnings per share from continuing operations attributable to Avient
shareholders $ 0.58 $ 0.02 $ 2.20 $ 0.64
Diluted earnings per share from continuing operations attributable to Avient
shareholders $ 0.57 $ 0.02 $ 2.18 $ 0.64
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and
diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
March 31,
2024 2023
Sales $ 829.0 $ 845.7
Operating income 94.0 57.1
Net income from continuing operations attributable to Avient shareholders 49.4 20.8
Diluted earnings per share from continuing operations attributable to Avient shareholders $ 0.54 $ 0.23
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2024 2023 2024 2023
Sales $ 849.7 $ 824.4 $ 1,678.7 $ 1,670.1
Operating Income 72.5 62.3 166.5 119.4
Net income from continuing operations attributable to Avient
shareholders 33.6 22.1 83.0 42.9
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.36 $ 0.24 $ 0.90 $ 0.47
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Many other countries are following suit on the EU REACH chemicals regulation or a
similar framework.
However, no one company or country can solve the plastics waste problem.
Many
other countries are following suit on the EU REACH chemicals regulation or a similar framework.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
More than
3,500 associates in 44 events taking
place in 22 countries participated
in a physical activity focused on
promoting healthy lifestyles and
encouragement.
You can be confident that, in
formulating and manufacturing
our materials, we use
sustainable practices to provide
long-term product viability
and sound environmental
stewardship
• You can expect that the
materials we produce contain
only ingredients that conform to
accepted legal and regulatory
compliance guidelines
• You can trust that PolyOne
materials meet the rigorous
quality and safety management
standards required across
the globe
• You can be certain that
PolyOne meets or exceeds the
material safety data reporting
requirements of your country
or region
• When you choose PolyOne, you
can be confident our products
will help you meet or exceed
today’s stringent compliance
standards
FROM PRODUCTS INTRODUCED
IN THE LAST 5 YEARS
37% of specialty
sales
Photos: Last year PolyOne broke ground on a new manufacturing and R&D
facility in Chuzhou, China.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
White House Administration
GOVERNMENT INFLUENCE CREATES OPPORTUNITIES
Avient Corporation 32
175 Countries support the UN Plastics Treaty to help
manage plastics pollution
£210
U.K. tax per tonne on products
containing less than 30% recycle
content (U.K.
Plastics Pact
Post-Consumer Recycle (PCR)
Color Predictive Tool
Innovation Award, Winner:
Product Technology Innovation, Winner:
Plastics Recycling Awards Europe 2023
Additive for
Enhanced Recycling
Innovation Award, Finalist:
Product Technology Innovation, Finalist:
Plastics Recycling Awards Europe 2023
Service Innovation
Enables Quality Recycle
Product Innovation
Enables PCR Claims + Low CO2
Product Innovation
Protects Quality Recycle
…are Growing at Twice the Rate as
Conventional ProductsSustainably-Branded Products…
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
STAKEHOLDER INFLUENCE DRIVES DEMAND
For Sustainable Products From Sustainable Companies
Brand Owners
Have committed to ambitious
goals to achieve
sustainability metrics
Avient Corporation 77
Avient Corporation 78
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
2022 2030
Medical Plastics
Market Size
(in $Billions)
12% CAGR
3% CAGR
Recycled
Virgin
Growing Demand for
Recycled Content
Avient Sustainable
Solutions
11% CAGR
8% CAGR
Sources: McKinsey, Bloomberg, Grand View Research
Avient Corporation 79
Increasing the use
of recycled content
Reducing weight to
lower fuel consumption
2022 SALESDESCRIPTION
$340M
$310M
$525M
OUTCOMES
Enabling customers to
advance the circular economy
Shrinking carbon footprint
and decreasing emissions
Making our planet a better
place for all
Using fewer natural resources;
protecting human life
$1,175MTOTAL SALES
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
AVIENT IS WELL-POSITIONED
A Clean House
Avient holds leading ratings on
ESG matters of importance to
customers, countries, and
key stakeholders
Leading Portfolio
Our formulation expertise and materials
are meeting the unique sustainability
needs of our customers around the world
in endless applications
8-12% Long-Term Growth RateAvient’s Sustainable Solutions
Investing in Innovation
85% of our opportunity funnel is
directed at sustainable solutions
addressing unmet customer needs
Avient Corporation 80
Avient Corporation 81
ADJUSTED EBITDA MARGIN EXPANSION
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to be
driven by key growth drivers, with
sustainable solutions playing a
meaningful role
5.4%
11.5%
16.0%
17.3%
20% 20.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $19 million
raised since 2007
Diversity & Inclusion
PEOPLE AND CULTURE
Avient Corporation 82
Avient Corporation 83
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
LONG-TERM OBJECTIVES
Avient Corporation 84
Wrap Up and Q + A
Chairman, President, and Chief Executive Officer
Avient Corporation 85
Investor Deck_9_19_23 v4_WEBSITE_GAAP.pdf
2023 SR Non-GAAP Rec v3