https://www.avient.com/sites/default/files/resources/POL%2520BofA%2520Basic%2520Materials%2520IR%2520Presentation%2520w%2520non-GAAP%252012%252011%25202013.pdf
Use of Non-GAAP Measures
Page 3
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500
All time high of
$34.47
December 9th, 2013
• 16 consecutive quarters of
double digit EPS growth
• 42% CAGR adjusted EPS
expansion 2006-2012
• YTD stock price has increased
63% versus 27% growth in the
S&P
• More than six fold increase in
market cap: $0.5b $3.3b
Strategy and Execution Drive Results
Page 4
The World’s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Four Pillar Strategy
Page 5
PP&S
15%
Specialty
60%
Distribution
25%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010* 2011* 2012* 2015
Target
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
Appliance
6%
Building &
Construction
13%
Wire & Cable
Electrical &
Electronics
4%
Consumer
Packaging
18%
Industrial
10%
Misc.
5%
HealthCare
Transportation
16%
Textiles
1%
United
States
70%
Europe
14%
Canada
8%
Asia
5%
Latin
America
3%
2012 Revenues: $4.0 Billion*
End Markets*
2012 Revenues: $4.0 Billion*
EPS
Page 6
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms & excludes discontinued operations
PolyOne
At A Glance
* Restated to exclude discontinued operations
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
63%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 YTD 2013 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's PP&S Distribution Specialty
Specialty OI $5M $46M $87M $153M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 YTD 2013 2015
Where we were Where we are
Organic Consolidated
Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.8% 12.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 10.8% 8.9% 12 – 16%
Designed Structures & Solutions — — 5.0% 8 – 10%
Performance Products &
Solutions 5.5% 8.0% 8.2% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 63% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 28%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 8
*Percentage of Specialty Platform revenue from products introduced in last five years
19.5%
44.0%
2006 Q3 2013
$20.3
$46.6
2006 TTM
Q3'13
14.3%
31.0%
2006 Q3 2013
Research & Development
Spending
Specialty Platform
Vitality Index Progression*
Innovation Drives Earnings Growth
($ millions)
Specialty Platform
Gross Margin %
Page 9
We are Experts in Polymer Science and Formulation
Polymer Science
Formulation
Chemistry
Processing
Inputs
Base Resins
Additives
Modifiers
Colorants
Specialized
Polymer Materials,
Services, and Solutions
Expertise
Satisfied
Consumers
PolyOne Customer
Innovative
Products & Services
Marketplace Demands
Performance Requirements
Value Drivers
Page 10
Positioned for Strong Growth
2015 Target
Rev: $5B
Adj.
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* YTD 2013
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 48.2
Global Color, Additives and Inks 4.3 28.1 37.7 83.4
Designed Structures and Solutions - - - 21.4
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 153.0
Performance Products and Solutions 75.7 31.3 54.0 41.8
Distribution 19.5 28.1 42.0 49.7
SunBelt Joint venture 91.9 28.6 18.9 -
Corporate (51.5) (425.1) (27.7) (61.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 182.8
Less: Corporate operating expense 51.5 425.1 27.7 61.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 244.5
Specialty platform operating mix percentage 2% 34% 43% 63%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Three Months Ended
‘’’’’September 30,
Platform operating income “””””””2013 2012 (a)
Global Specialty Engineered Materials $ 15.7 $ 13.1
Global Color, Additives and Inks 28.7 18.6
Designed Structures and Solutions 10.9 –
Specialty Platform 55.3 31.7
Performance Products and Solutions 14.3 12.3
PolyOne Distribution 16.6 16.4
Corporate and eliminations (24.6) (16.9)
Operating income $ 61.6 $ 43.5
(a) Adjusted to reflect the resins business as a discontinued operation.
https://www.avient.com/sites/default/files/2023-10/SEM Automotive Aftermarket Rendering Application Bulletin.pdf
Our diverse range of advanced polymers and long
fiber reinforced composites gives you the freedom
to innovate, create high-strength components that
eliminate unnecessary weight, and unleash fresh
designs that offer superior performance while
remaining economically viable to produce.
APPLICATION BULLETIN
DIMENSIONAL
STABILITY
Tight tolerances, minimal warp
SOLUTION: Long fiber
reinforced composites with
polyketone (PK)
POSSIBILITIES: Roof rack
structures, running boards,
brackets, component housings
STRENGTH
High strength-
to-weight ratio,
comparable to metal
SOLUTION: Long fiber
POSSIBILITIES:
Tubular door frames,
accessory motor
mounts, tailgate
locking systems
MANUFACTURING EASE
Injection moldable, design freedom,
insert molding, part consolidation
SOLUTION: Long fiber reinforced
composites
POSSIBILITIES: Seating shells,
seat base components, tubular door
frames, accessory linkages
IMPACT
RESISTANCE
Durable in rugged
environments and uses
SOLUTION: Maximum
toughness long fiber
POSSIBILITIES: Side steps,
bed steps, roof racks,
brackets, bed extenders,
tie downs
CORROSION
RESISTANCE
Metal replacement,
eliminate secondary
coatings
SOLUTION: Long fiber
POSSIBILITIES: Underbody
skid plate components,
fuel doors, fasteners
SUSTAINABILITY
PIR/PCR content incorporation
with high strength, lightweighting
for fuel economy
SOLUTION: Recycled content
long fiber reinforced composites
POSSIBILITIES: Roof rack
structures, fender flares, rail
covers, tail light protectors
LIGHTWEIGHTING
30–40% weight reduction
when switching from metal
SOLUTION: Long carbon
fiber reinforced composites
POSSIBILITIES: Motor
mounts, seating components,
accessory mounts
EXTREME
PERFORMANCE
High and low temperature
performance, maintained
properties with UV exposure,
moisture performance
SOLUTION: Long fiber
POSSIBILITIES: Tail
light protectors, fender
flairs, guards, underbody
components
SURFACE AESTHETICS
Color matches, fiber-rich or
glossy surfaces, carbon fiber
appearance
SOLUTION: Moisture-resistant
long fiber reinforced composites
POSSIBILITIES: Lighting bars,
side steps, bed steps, bike
mounting brackets, cargo carriers
NEXT-GEN
UPGRADES
Transform your aftermarket parts
with efficient, lightweight long
fiber thermoplastic solutions that
redefine performance with strength,
toughness, and design freedom.
Engineered polymer
formulations are designed to perform in demanding
environments.
https://www.avient.com/company/sustainability/sustainability-report/products/markets/automotive-case-study
Sustainable Solutions Highlights
Complet™ REC solutions provide long fiber-reinforced composites are now available in recycled nylon and TPU formulations
The Solution & Impact
By utilizing a combination of Avient’s OnColor™ Colorants, Hydrocerol™ Chemical Foaming Agents, and Smartbatch™ Combination Colorants & Additives, we enabled the OEM to reduce weight and carbon emissions in panel doors, increase UV resistance in instrument panels and replace traditional paint processes in central consoles.
https://www.avient.com/investor-center/news/avient-announces-quarterly-dividend-11
NYSE: AVNT), an innovator of materials solutions, has declared a quarterly cash dividend of
NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world.
In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends.
https://www.avient.com/investors/investor-news?page=11
PolyOne Presents Solutions to Support Circular Economy...
PolyOne Signs Agreement to Divest Performance Products and Solutions Business Segment...
Innovator of materials solutions to help our customers succeed, while enabling a sustainable world.
https://www.avient.com/knowledge-base/case-study/advancing-development-treated-bed-nets-malaria-control
IVCC was founded to find solutions to the growing threat of insecticide resistant mosquitoes.
The Solution
Avient has extensive global ability in the formulation development and manufacturing of groundbreaking material solutions to support malaria control, including a technologically advanced anti-mosquito masterbatch for use in long lasting treated nets.
https://www.avient.com/investor-center/news/avient-announces-quarterly-dividend-0
NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash dividend of twenty-one and one-quarter cents ($0.2125) per share on the common stock outstanding, to be paid on
provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation
https://www.avient.com/company/sustainability/sustainability-report
Solutions to advance a circular economy and minimize plastic waste
Solutions to reduce weight and energy consumption
Solutions to preserve and protect natural resources and human life
https://www.avient.com/investor-center/investor-news/archives?page=7
CLEVELAND, Sept. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has
CLEVELAND, Aug. 12, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solution
CLEVELAND, July 28, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient"), a leading provider of specialized and sustainable solutions, to
https://www.avient.com/idea/new-horizons-fiber-optic-cable
The case for high-performance material solutions
Enhancing the Circularity of PET: Challenges and Solutions
Enhancing the Circularity of PET: Challenges and Solutions