https://www.avient.com/sites/default/files/resources/IR_Deck_11.4.19.pdf
Holds multiple optical
fibers
3.
Both parts are made of silica/glass or
polymer
4.
Binder
• PET, Polyester, Kevlar yarns coated with Swellcoat
(absorbs and blocks water)
2 3 4
5
7
6
8
9.
https://www.avient.com/resources/safety-data-sheets?page=4725
X MF-17615-001-3 Natural
X MF-17615-001-4 Natural
X GT-18777-1-1
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Microsoft PowerPoint - AVNT Q4 2021 Earnings Presentation (v17) - W PEERS x ESI
AVIENT CORPORATION
F O U R T H Q U A R T E R 2 0 2 1 R E S U L T S
A N D 2 0 2 2 F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
F E B R U A RY 8 , 2 0 2 2
DISCLAIMER
Forward-Looking Statements
In this presentation, 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.
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Avient acquired Clariant Color on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
Pro Forma Financial Information
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
S EC O N D Q UART ER 2022
RE S U LTS
$122
$134
$0.87
$0.98
Q2 2022 PERFORMANCE
(TOTAL COMPANY)
4
Sales Adjusted Operating Income
$1,235
$1,302
+ 5%
Adjusted EPS
+ 10% + 13%
(in millions) (in millions)
(+ 10% excluding FX) (+ 16% excluding FX) (+ 20% excluding FX)
Q2 2022 SEGMENT PERFORMANCE
5
CAI
$624
$649
($ in millions)
SEM Distribution
$86
$94
+ 4% + 9%
$404
$443
$24
$27
+ 10% + 13%
(1)
$241 $244
$37 $37
+ 1% Flat
(+ 10% excluding FX) (+ 16% excluding FX) (+ 6% excluding FX) (+ 3% excluding FX)
Q2 2021 $1,235 $122
Sustainable Solutions 17 7% 7
Healthcare 23 14% 5
Composites (ex Outdoor High Performance) 10 20% 4
Growth in Asia / LATAM 5 3% 1
Other 69 11% 5
Sub-total $1,359 10% $144
Outdoor High Performance Impact (9) (5)
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (48) (7)
Q2 2022 $1,302 5% $134
Q2 2022 SALES AND OPERATING INCOME
(TOTAL COMPANY)
6
Sales Growth Rate
Operating
Income$ millions
EBITDA
Q2 EBITDA BRIDGE
7
Price increases more than
offsets raw material and
supply chain impacts
Q2 2021 $ 159
Demand (29)
$ millions
CAI:
Price / Mix 87
Inflation (58)
SEM:
Price / Mix 36
Inflation (24)
Distribution:
Price / Mix 45
Inflation (41)
Net Price Benefit 45
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (7)
Q2 2022 $ 170
China Lockdowns / Russia Impact $ (14)
Outdoor High Performance (5)
Transportation (5)
8
Q2 '21 Adjusted EPS 0.87$
Color, Additives and Inks 0.11
Specialty Engineered Materials 0.01
Distribution 0.03
Corporate Costs 0.01
F/X (0.05)
Segment OI 0.11$
Interest Expense 0.03
Tax Rate (0.03)
Q2 '22 Adjusted EPS 0.98$
Q2 EPS BRIDGE
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
Defense
6%
END MARKET TRANSFORMATION TO LESS
CYCLICAL INDUSTRIES
( W IT H DY N E E MA, E X .
https://www.avient.com/resources/safety-data-sheets?page=3626
18100TFX EPIC TFX GRAY 4
WHITE Q520-6-3 THREADS PP
X ST-3163-1 ESD Black
https://www.avient.com/resources/safety-data-sheets?page=6744
X ET-39971-02A2-3 Black
X ET-39971-01A1-3 Black
PC TRANS TEAL T275-1-3 CMPD
https://www.avient.com/resources/safety-data-sheets?page=4181
NARANJA BRILLANTE 4
X HC 185246#SR-12542 Red RAL 3000
X HC 185246#SR-12542 Red RAL 3000 cc 4%
https://www.avient.com/resources/safety-data-sheets?page=5924
X LFT PP-25LGF/000 E Black NA
X-GN-32227-1
NM6000-0006 FDE Conc 4%
https://www.avient.com/resources/safety-data-sheets?page=6377
X LB 35602-2A-1-1
X LB 35602-2A-1-3
X LB 35602-2A-1-4
https://www.avient.com/resources/safety-data-sheets?page=2618
UV SOFT WHITE V.3
UV Light Gray V.4
GREEN 3