https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.pdf
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
Management excludes
intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful
measure of current period earnings per share.
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
Management believes
this provides comparability of the performance of the combined businesses.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses
in evaluating operating performance.
https://www.avient.com/company/policies-and-governance/avient-corporation-privacy-statement
Customer relationship management, which includes customer onboarding, customer service, customer engagement, sales, direct marketing, feedback management, new product development.
Customer account management, which includes order management, credit management, account management, contractual obligations, onboarding, access control.
Leads management, prospecting, opportunities management, direct marketing, and sales.
https://www.avient.com/company/sustainability/sustainability-report/performance
Enterprise Risk Management
Enterprise Risk Management
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2023-results
Sales
Sales
Sales
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Management believes this
provides comparability of the performance of the combined businesses.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
Page 39
Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
Page 40
PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3 1.1 1.1 0.85 0.65
0.57
Page 41
• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87% 88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
Management believes this
provides comparability of the performance of the combined businesses.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Management believes this provides
comparability of the performance of the combined businesses.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses
in evaluating operating performance.
https://www.avient.com/news/switching-polyone-conductive-polymer-triples-lifetime-led-pool-lighting
Our company is always on the lookout for innovative new materials to help us improve our manufacturing efficiency and the quality of our products,” explained Zafer Alkan, general manager of Akboru Elektrik.
At its facilities in Istanbul it manufactures products for both domestic and export markets, with much of its export sales to the U.S. and Europe.
Media contact
Matt Defosse
Marketing Communications Manager, Europe
PolyOne Corporation
+49 6407-907-0386
matt.defosse@avient.com