https://www.avient.com/company/sustainability/sustainability-report/goals-commitments/2030-goals-progress
In 2023 we met our renewable energy goal, and continue to be on track to meet our other 2030 targets.
https://www.avient.com/knowledge-base/article/success-stories-engineered-polymers
Dec 08, 2023
https://www.avient.com/investor-center/events/q1-avient-corporation-earnings-conference-call-0
May 03, 2023 8:00 AM EDT
https://www.avient.com/investor-center/events/q3-avient-corporation-earnings-conference-call-0
Nov 02, 2023 8:00 AM EDT
https://www.avient.com/investor-center/events/q2-avient-corporation-earnings-conference-call-0
Jul 27, 2023 8:00 AM EDT
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
GUIDANCE
( T O TA L C O M PA N Y )
7
$845
$824
Guidance Actual
$130 $131
Guidance Actual
Sales Adjusted EBITDA
(in millions)
$0.60
$0.63
Guidance Actual
Adjusted EPS
(in millions)
Q2 2023 PERFORMANCE VS.
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M.
2023E (%)
23
79
90
84 83
76
73
88
82
77
74 72
67
57
20
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
H
X
L
E
C
L
A
S
H
H
U
N
E
M
N
S
C
L
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
MULTI PL E EX PANSION
Source: Peer data per Bloomberg as of July 21, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $40.93.
Three Months Ended
June 30, 2023
Three Months Ended
June 30, 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 22.1 $ 0.24 $ 62.8 $ 0.68
Special items, after tax 19.6 0.21 3.2 0.03
Amortization expense, after-tax 16.2 0.18 $ 10.5 $ 0.12
Adjusted net income / EPS $ 57.9 $ 0.63 $ 76.5 $ 0.83
Three Months Ended
June 30,
Six Months Ended June
30,
Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 2023 2022
Net income from continuing operations – GAAP $ 22.3 $ 62.8 $ 43.6 $ 127.5
Income tax expense 10.4 22.7 18.1 42.7
Interest expense, net 29.4 16.2 58.2 33.1
Depreciation and amortization 47.6 36.5 98.1 74.3
EBITDA from continuing operations $ 109.7 $ 138.2 $ 218.0 $ 277.6
Special items, before tax 21.7 0.9 49.0 7.6
Depreciation and amortization included in special items (0.1) (1.1) (1.9) (3.2)
Adjusted EBITDA $ 131.3 $ 138.0 $ 265.1 $ 282.0
Pro forma APM adjustments — 34.3 — 66.3
Pro forma adjusted EBITDA $ 131.3 $ 172.3 $ 265.1 $ 348.3
Pro forma adjusted EBITDA as a % of sales 15.9 % 17.4 % 15.9 % 17.6 %
1
AVNT Q2 2023 Earnings Presentation 7.26.23
IR Deck - AVNT-2023.06.30 7.24 1217PM non GAAP attachment
Attachment
https://www.avient.com/company/sustainability/sustainability-report/goals-commitments/message-vp-sustainability
A Few Highlights from 2023:
Made strong progress in reducing company’s Scope 1 & 2 GHG emissions, reaching nearly 50% reduction in 2023 vs. 2019
https://www.avient.com/news/avient-introduces-polymer-solutions-platform-ev-charging-equipment
September 5, 2023
CLEVELAND– September 5, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, today announced the availability of a robust material solutions platform for electric vehicle supply equipment (EVSE) applications for the North American market.
https://www.avient.com/news/avient-earns-luxe-pack-green-award-sustainability-initiative
May 19, 2023
CLEVELAND – May 19, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, is proud to announce it has earned the LUXE PACK “in green” award, highlighting a Corporate Social Responsibility (CSR) initiative.
https://www.avient.com/news/avient-unveils-new-cesa-withstand-antimicrobial-additives-tpu-film-medical-and-outdoor-applications
December 14, 2023
SHANGHAI – December 14, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, today unveils an expansion of its Cesa™ Withstand™ portfolio to include new grades of antimicrobial and antifungal additives.